Tazewell County Home Prices & Values

$117,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -2.9% 1-year change
  • 3.5% 1-year forecast

The median home value in Tazewell County is $117,400. Tazewell County home values have declined -2.9% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Tazewell County is $94, which is higher than the Peoria Metro average of $92. The median price of homes currently listed in Tazewell County is $136,000 while the median price of homes that sold is $117,150.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Tazewell County is 3.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Tazewell County homeowners underwater on their mortgage is 10.1%.

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Relative ZHVI
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Tazewell County Market Overview

Data through Jul 31, 2014
  • $117,400 ZHVI
  • 3.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $136,000 Median listing price
  • No recent data Median sale price
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Tazewell County Market Health

Data through Jul 31, 2014
  • 4.6/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No recent data Average days on Zillow
  • 10.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Tazewell County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Groveland $173,300 Morton $166,500 Tremont $152,900
Hopedale $126,500 East Peoria $113,600 Delavan $92,500
Marquette Heights $91,400 North Pekin $80,800 Creve Coeur $70,800

Listings & Sales

Data through Jul 31, 2014
  • $94 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 49.4% Listings with price cut
22.3%
Sold below listing
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Tazewell County Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,157 Tazewell County
$1,076 Peoria Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.88 Rent list price / sq ft
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