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Pekin

Why you'd want to live in Pekin

Pekin, Illinois is a vibrant community of over 34,000 people and the perfect mix of business and pleasure. As the county seat for Tazewell County, Pekin enjoys a solid economic base and is home to many professional, industrial and manufacturing jobs – including Pekin Insurance and one of the largest ethanol facilities in the nation! We also support a very successful, city-owned Business Park with a highly skilled labor force to draw on as businesses continue to move in and thrive. Scenic views… quaint neighborhoods… small town charm with big city amenities... and one of the lowest property tax rates in the Peoria area... these are just a few of the many reasons you should set up business here. Additionally, Pekin is conveniently located halfway between Chicago and St. Louis (about 165 miles from each), a few hours from Indianapolis, and just 10 miles south of Peoria. We are also nestled along the banks of the Illinois River, making Pekin an idyllic location to call home. via Homes for Sale in Pekin

Pekin Market Report

$204,990

AVERAGE PRICE OF 202 HOMES

$3,684,447

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$564,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$248,371

AVERAGE PRICE OF 7 HOMES WITH A POOL

$329,500

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

$155,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $204,990
Avg Bedrooms 2.14 beds
Avg Bathrooms 1.78 baths

Average Price by Bedrooms

1 bedroom $128,700
2 bedrooms $97,365
3 bedrooms $167,155
4 bedrooms $206,645
5 bedrooms $602,542
Pekin Home Price Trends
  11/2025 10/2025 9/2025 8/2025 7/2025
Total Listings 205 206 202 183 168
Average Price $211,249 $208,116 $205,627 $214,562 $224,237
Avg Price Change +1.51% +1.21% -4.35% -4.51% -0.76%
Median Price $130,514 $123,932 $120,746 $115,362 $117,212
Med Price Change +5.31% +2.64% +4.67% -1.60% +0.49%
Avg Bedrooms 2.35 beds 2.37 beds 2.36 beds 2.18 beds 2.17 beds
Avg Bathrooms 1.69 baths 1.68 baths 1.65 baths 1.61 baths 1.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 166 $136,342 246 days
Pekin High School 3 $182,966 82 days
Total Homes Average Price Avg Days on Site
All Homes 202 $204,990 191 days
Multi-Million Dollar Homes 3 $3,684,447 563 days
Newly Built Homes 1 $564,900 12 days
Homes with a Pool 7 $248,371 50 days
Reduced Price Homes 1 $329,500 43 days
Distressed Homes 1 $155,000 148 days
Based on information submitted to the MLS GRID as of December 17, 2025 3 AM. All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.
Based on information submitted to the MLS GRID by MRED as of December 17, 2025 3 AM. All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website. DMCA Notice
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