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Foreclosure Homes in North Pekin, IL

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North Pekin, IL Foreclosures

Current Market Conditions in in North Pekin, IL As of April 2026?
In the past month, North Pekin has experienced a slight increase in home prices, reflecting growing interest among buyers. The average home price has risen due to a combination of low inventory and high buyer demand. Many homes are receiving multiple offers, which suggests that the trend of a seller’s market might continue into the next few months. Properties are selling quicker than in prior months, indicating a robust local economy and positive community development.
How much do homes sell for in North Pekin, IL?
The average home price is currently $154,894.
In North Pekin, IL, how many homes are available?
There are currently 4 active home listings available in North Pekin.
What’s the average rental cost in North Pekin, IL?
The average rental price in North Pekin is $1,043.
What is the most expensive home in North Pekin?
The most expensive home sold in North Pekin had a price of $17,465,917.
What is currently the cheapest priced home in North Pekin, IL?
The cheapest home for sale in North Pekin is priced at $20,871.

Living in North Pekin, IL

North Pekin, IL, is a quiet and friendly suburb located near the Illinois River, perfect for families and individuals looking for a peaceful lifestyle with easy access to urban amenities. The town features great schools and several parks for recreational activities, making it an ideal place to settle down.

Buyer vs Seller Market in North Pekin, IL

Currently, the North Pekin real estate market has awakened with increased interest from homebuyers. Prices have seen a moderate rise, signifying a shift towards a seller’s market as demand begins to outpace supply in the area.

Recently, the market in North Pekin has been buoyed by low-interest rates, encouraging first-time homebuyers and investors. The revitalization of local parks and businesses has also contributed to an uptick in housing interest, making it an appealing location to buy.

Home Value Estimator For North Pekin, IL

There are currently 690 real estate properties in North Pekin, IL, with a median automated valuation model (AVM) price of $117,395.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Pekin, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in North Pekin, IL, is $154,894.00, with the most expensive house in North Pekin, IL, topping out at $17,465,917.00 and the cheapest home in North Pekin, IL, clocking in at $20,871.00. In other words, there’s something for every potential homebuyer or savvy investor in North Pekin, IL!

Rent Prices In North Pekin, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Pekin, IL, is on a rollercoaster ride. The average rent price in North Pekin, IL, is $1,043.00. Indeed, when looking to rent in North Pekin, IL, you can expect to pay as little as $590.00 or as much as $1,830.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in North Pekin, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

North Pekin, IL Foreclosures

Market Trend for North Pekin, IL

Total Listings Available: 4

Market Values:

Home Prices from $20,871 to $17,465,917

Average Sales Price: $154,894

Rental Values:

Rental from $590 to $1,830

Average Rent Value: $1,043 / month

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