Pekin, IL Housing Market
The Pekin housing market is very competitive. The median sale price of a home in Pekin was $125K last month, up 4.2% since last year. The median sale price per square foot in Pekin is $78, down 6.6% since last year.
Pekin Housing Market Trends
In April 2024, Pekin home prices were up 4.2% compared to last year, selling for a median price of $125K. On average, homes in Pekin sell after 16 days on the market compared to 9 days last year. There were 45 homes sold in April this year, up from 44 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Pekin housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 14 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 12 days.
- Hot homescan sell for about 4% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 16 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
Pekin Migration & Relocation Trends
Home offer insights for Pekin
Recent offers
View houses in Pekin that sold recently
Recently sold homes
- $112,900 Last Sold Price4 beds1.5 baths1,954 sq ft903 Broadway Rd, Pekin, IL 61554List Price$112,900Sale to List0% over listDays on Market50 days903 Broadway Rd, Pekin, IL 61554
- $580,000 Last Sold Price4 beds4.5 baths5,827 sq ft2008 Susan Hope Dr, Pekin, IL 61554List Price$575,000Sale to List1% over listDays on Market35 days2008 Susan Hope Dr, Pekin, IL 61554
- $89,900 Last Sold Price3 beds2 baths1,756 sq ft339 Caroline St, Pekin, IL 61554List Price$89,900Sale to List0% over listDays on Market106 days339 Caroline St, Pekin, IL 61554
- $6,500 Last Sold Price1 bed1 bath936 sq ft1408 S 12th St, Pekin, IL 61554List Price$20,000Sale to List68% under listDays on Market63 days1408 S 12th St, Pekin, IL 61554
- $86,500 Last Sold Price4 beds2 baths2,768 sq ft335 Buena Vista Ave, Pekin, IL 61554List Price$89,900Sale to List4% under listDays on Market44 days335 Buena Vista Ave, Pekin, IL 61554
- $170,000 Last Sold Price2 beds2 baths1,189 sq ft1702 Valle Vista Blvd, Pekin, IL 61554List Price$159,900Sale to List6% over listDays on Market35 days1702 Valle Vista Blvd, Pekin, IL 61554
- $59,900 Last Sold Price2 beds1 bath850 sq ft1114 Mechanic St, Pekin, IL 61554List Price$59,900Sale to List0% over listDays on Market43 days1114 Mechanic St, Pekin, IL 61554
- $38,500 Last Sold Price2 beds2 baths1,046 sq ft524 Caroline St, Pekin, IL 61554List Price$59,900Sale to List36% under listDays on Market48 days524 Caroline St, Pekin, IL 61554
See all recently sold homes in Pekin.
See listings
Schools in Pekin
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Scott Altman Primary School Public • K-3 | 169 Students | 1 reviews |
5/10 Willow Elementary School Public • K-3 | 233 Students | 1 reviews |
5/10 Washington Intermediate School Public • 4-6 | 425 Students | N/A |
4/10 C B Smith Elementary School Public • K-3 | 244 Students | 3 reviews |
4/10 Jefferson Elementary School Public • K-3 | 338 Students | 4 reviews |
Climate's impact on Pekin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pekin.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Pekin
Walk Score®
Bike Score®
More real estate resources for Pekin
New Listings in Pekin
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.