South Pekin, IL

Strong seller's market-12.8% YoY

Housing market overview · Updated weekly

$85,500median sale price

Homes sold

1

Last 12 weeks

Days on market

36

Average pace

Active listings

1

1.0 months supply

Sale-to-list

103.0%

Above asking

The South Pekin housing market is currently classified as a strong seller's market with a median sale price of $85,500. Prices have fallen 12.8% compared to last year, with homes spending an average of 36 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in South Pekin

There are currently 1 homes listed for sale in South Pekin, Illinois. The median listing price is $40K.

Active listings

1

Homes on market

Median list price

$40K

Avg. days on market

36

Days until sale

New this week

1

Newly listed

Sale-to-list:103.0%

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Frequently asked questions

What is the average home price in South Pekin?

The median home sale price in South Pekin is $85,500, down 12.8% from last year.

How long do homes stay on market in South Pekin?

Homes typically spend 36 days on market before going under contract.

Is South Pekin a buyer's or seller's market?

With 1.0 months of supply, South Pekin is currently a strong seller's market.

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