Is Tazewell County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tazewell County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Tazewell County has remained a Seller's Market.

Key Takeaway

Tazewell County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Tazewell County, IL cost?

Median Sold Price

$145,087

$89/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$5,529(+4.0%)

Key Takeaway

Homes in Tazewell County have sold for 4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $39.2K$43K
+9.6%
2 $80K$91.4K
+14.2%
3 $137.7K$140.8K
+2.3%
4 $200K$225K
+12.5%
5+ $282.2K$299.9K
+6.3%

Median Sold Price Compared To Nearby Counties

Logan County
+11.5%
Mason County
+7.7%
Peoria County
+5.8%
Tazewell County
+4.0%
Woodford County
+1.9%

How many homes are available in Tazewell County, IL?

Number of Homes For Sale

Sep 2022Oct 2022%
565519-8.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 411
+175.0%
2 122112
-8.2%
3 244230
-5.7%
4 151125
-17.2%
5+ 4441
-6.8%

Number of Homes Sold

Sep 2022Oct 2022%
184176-4.3%

Asking Price vs. Sold Price

102 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tazewell County, you may be able to get a good deal. 58% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
26 Days22 Days-12.9%

Breakdown of Home Sale Times

131 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tazewell County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Local real estate agents are ready to help you find a home here.

Connect With An Agent

Sell your home with an expert or get the job done on your own.

Sell My Home

Get a customizable mortgage solution based on today's rates.

Get Approved
1218 Whippoorwill Dr, Morton, IL 61550

$64,500

Land

0.26 Acres

1218 Whippoorwill Dr, Morton IL, 61550

Sandy Glover

Listing Office:

Keller Williams Premier Realty

#PA1239218

MLS logo
1226 Whippoorwill Dr, Morton, IL 61550

$64,500

Land

0.26 Acres

1226 Whippoorwill Dr, Morton IL, 61550

Sandy Glover

Listing Office:

Keller Williams Premier Realty

#PA1239220

MLS logo
1210 Whippoorwill Dr, Morton, IL 61550

$66,500

Land

0.32 Acres

1210 Whippoorwill Dr, Morton IL, 61550

Sandy Glover

Listing Office:

Keller Williams Premier Realty

#PA1239216

MLS logo
1222 Whippoorwill Dr, Morton, IL 61550

$64,500

Land

0.26 Acres

1222 Whippoorwill Dr, Morton IL, 61550

Sandy Glover

Listing Office:

Keller Williams Premier Realty

#PA1239219

MLS logo
821 Westminster Dr, Washington, IL 61571

$350,000

5

Baths

3 Full, 1 Partial

3,462 SqFt

821 Westminster Dr, Washington IL, 61571

Julie Bowald

Listing Office:

Jim Maloof/REALTOR

#PA1239215

MLS logo
1230 Whippoorwill Dr, Morton, IL 61550

$64,500

Land

0.26 Acres

1230 Whippoorwill Dr, Morton IL, 61550

Sandy Glover

Listing Office:

Keller Williams Premier Realty

#PA1239221

MLS logo
1214 Whippoorwill Dr, Morton, IL 61550

$64,500

Land

0.27 Acres

1214 Whippoorwill Dr, Morton IL, 61550

Sandy Glover

Listing Office:

Keller Williams Premier Realty

#PA1239217

MLS logo
613 Pierce St, Morton, IL 61550

$209,000

3

Baths

2

1,704 SqFt

613 Pierce St, Morton IL, 61550

Tracy Morris

Listing Office:

EXP Realty, LLC

#PA1239211

MLS logo
1504 Henry St, Pekin, IL 61554

$96,500

2

Baths

1 Full, 1 Partial

1,048 SqFt

1504 Henry St, Pekin IL, 61554

Gary Allen

Listing Office:

Coldwell Banker Real Estate Group

#PA1239205

MLS logo
1054-56 Barbara Ln, East Peoria, IL 61611

$119,900

1054-56 Barbara Ln, East Peoria IL, 61611

Mark Rosenberg

Listing Office:

Oakwood Real Estate

#PA1239199

MLS logo
1217 State St, Pekin, IL 61554

$89,900

2

Baths

1

1,485 SqFt

1217 State St, Pekin IL, 61554

Mark Wagner

Listing Office:

Professional Leasing & Real Estate Services

#PA1239170

MLS logo
126 Laurel Ln, East Peoria, IL 61611

$119,900

3

Baths

1

1,045 SqFt

126 Laurel Ln, East Peoria IL, 61611

Nicole Grieco

Listing Office:

Nicole Grieco Realty

#PA1239096

MLS logo

About Tazewell County, IL

Tazewell County, IL has 519 homes for sale to choose from. The number of homes for sale in Tazewell County, IL decreased by 8.1% between September 2022 and October 2022. Listings spent 22 days on the market in October 2022, and had a median list price of $145,087 during the same period. Real estate listing prices changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 9.6%, 2 bedrooms properties became 14.2% more expensive, 3 bedrooms properties became 2.3% more expensive, 4 bedrooms properties became 12.5% more expensive, prices of 5 bedrooms properties went up by 6.3%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 175%, 2 bedrooms homes became 8.2% less available, the quantity of 3 bedrooms homes went down by 5.7%, 4 bedrooms homes became 17.2% less available, 5 bedrooms homes became 6.8% less available. While more than 36 listings in Tazewell County, IL in October 2022 were sold above asking price, there were more than 38 listings sold at asking price, and more than 102 were sold below.

MLS Disclaimers and Copyright

Based on information from RMLS Alliance, Midwest Real Estate Data, and Mid America Regional Information System for the period 11/01/2020 - 11/01/2022

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2022 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/27/2022, 1:50:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/26/2022, 11:46:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2022 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/27/2022, 1:53:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Related Housing Market Reports

Popular Cities with Homes for Sale in Illinois