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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

$202,638

AVERAGE PRICE OF 122 HOMES

$628,999

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$335,627

AVERAGE PRICE OF 11 HOMES WITH A POOL

Average Home

Average Price $202,638
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.38 baths

Average Price by Bedrooms

1 bedroom $133,650
2 bedrooms $86,529
3 bedrooms $376,971
4 bedrooms $287,147
5 bedrooms $601,522
Pekin Home Price Trends
  6/2026 5/2026 4/2026 3/2026 2/2026
Total Listings n/a n/a 4 186 188
Average Price n/a n/a $923,984 $239,366 $213,790
Avg Price Change n/a n/a +286.01% +11.96% +1.05%
Median Price n/a n/a $540,000 $124,873 $114,594
Med Price Change n/a n/a +332.44% +8.97% -2.16%
Avg Bedrooms n/a n/a 2.25 beds 1.96 beds 2.27 beds
Avg Bathrooms n/a n/a 2.5 baths 1.74 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Pekin Community 116 $195,561 39 days
Pekin Community High School 2 $65,950 35 days
Pekin High School 1 $205,000 219 days
Tremont 1 $275,000 12 days
Tremont High School 2 $712,450 63 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 122 $202,638 61 days
Newly Built Homes 2 $628,999 133 days
Homes with a Pool 11 $335,627 21 days
Based on information submitted to the MLS GRID as of July 21, 2026 8 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 July 21, 2026 8 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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