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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

$240,021

AVERAGE PRICE OF 184 HOMES

$3,326,085

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$666,950

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$239,966

AVERAGE PRICE OF 3 HOMES WITH A POOL

$187,445

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $240,021
Avg Bedrooms 1.93 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $137,400
2 bedrooms $102,055
3 bedrooms $155,376
4 bedrooms $297,415
5 bedrooms $697,987
Pekin Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 188 193 201 205 206
Average Price $213,790 $211,572 $206,206 $211,249 $208,116
Avg Price Change +1.05% +2.60% -2.45% +1.51% +1.21%
Median Price $114,594 $117,068 $119,681 $130,514 $123,932
Med Price Change -2.16% -2.23% -9.05% +5.31% +2.64%
Avg Bedrooms 2.27 beds 2.3 beds 2.03 beds 2.35 beds 2.37 beds
Avg Bathrooms 2.31 baths 2.2 baths 1.66 baths 1.69 baths 1.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 145 $146,439 296 days
Pekin High School 1 $205,000 81 days
Total Homes Average Price Avg Days on Site
All Homes 184 $240,021 224 days
Multi-Million Dollar Homes 4 $3,326,085 325 days
Newly Built Homes 2 $666,950 53 days
Homes with a Pool 3 $239,966 126 days
Reduced Price Homes 2 $187,445 69 days
Based on information submitted to the MLS GRID as of March 5, 2026 11 PM. 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 March 5, 2026 11 PM. 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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