The story of this market
The typical home in Tazewell County, Illinois sells for about $197,900, or $118 per square foot.
Prices are down 5.18% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. Over the long run, values in this county have grown 82% since 2000. Last year 26 of 30 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is cold wave, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,212 a month.
HUD sets the fair market rent for a 2-bedroom at $1,212 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+6.7%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+8.3%). Worst: 2011 (-2.4%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,557
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+6.7%
2025 change
FHFA repeat-sales index, median of 30 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
64
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $60,019,612.
Mortgage activity
Home lending in this county
83.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 5166 | 3312 | 83.7% | 7.7% | $130,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Tazewell County, Illinois
The Tazewell County housing market is showing signs of stabilization with inventory levels rising from previous lows. While median listing prices have seen a slight monthly decline, the market remains competitive for well-priced inventory. Demand is supported by the stable regional employment base centered around the Peoria metro area.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 18 cities · 25 ZIP reports
Median prices moved up 4.8% year over year.
Homes spend a median of 39 days on market with 1.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 82.04% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.5% — a stable, low-distress profile.
Deterministic aggregate of 21 researched ZIP reports of 25 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Tazewell County, Illinois — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
| 61525 | Dunlap | $485,000 | $164 | +2.7% | 40 | 98.5% | 15% | 6.6 | 80 | $1,240 | researched Sep 24 |
| 61528 | Edwards | $147,911 | $109 | +2% | 22 | 98.5% | 17% | 1.1 | 533 | $1,144 | researched Sep 24 |
| 61534 | Green Valley | $150,000 | $94 | +11.1% | 27 | 98.5% | 31% | 3 | 572 | $900 | researched Sep 24 |
| 61535 | Groveland | $182,500 | $109 | +4.3% | 35 | 99.6% | 17% | 1.1 | 533 | $1,150 | researched Sep 24 |
| 61546 | Manito | $182,500 | $109 | +1.4% | 35 | 99.1% | 17% | 1.2 | 533 | $786 | researched Sep 24 |
| 61547 | Mapleton | $182,500 | $109 | +4.3% | 35 | 99.6% | 17% | 1.1 | 533 | $571 | researched Sep 24 |
| 61548 | Metamora | $94,990 | $107 | +11.1% | 90 | 98.5% | 30.7% | 3.3 | 98 | $1,154 | researched Sep 24 |
| 61550 | Morton | $325,000 | $125 | +3.5% | 22 | 98.5% | 12% | 2.8 | 45 | $1,090 | researched Sep 24 |
| 61554 | Pekin | $144,900 | $109 | +11.6% | 22 | 99.6% | 29.7% | 1.5 | 150 | $836 | researched Sep 24 |
| 61555 | Pekin | $136,960 | $107 | +5.9% | 90 | 98% | 30.7% | 16.1 | 596 | $950 | researched Sep 24 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Tazewell County generally reports lower crime rates compared to the neighboring Peoria urban core, with property crime being the primary concern in more densely populated municipalities.
The county is served by several well-regarded school districts, including Pekin Community High School District 303 and Washington Community High School District 308, which are central to the local community identity.
The county faces moderate flood risks along the Illinois River corridor, necessitating flood insurance for properties in designated low-lying zones.
Economic momentum is anchored by the proximity to Caterpillar Inc.'s global operations in the Peoria metro area, with ongoing infrastructure investments in the I-74 corridor supporting regional logistics.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
The economy is heavily influenced by the manufacturing and healthcare sectors, with significant employment ties to the broader Peoria metropolitan area.
The county is served by major highway arteries including I-74 and I-155, providing critical links to the Midwest logistics network.
The Tazewell County Supervisor of Assessments oversees the valuation process, ensuring property assessments align with state-mandated equalization factors.
The county includes various drainage and fire protection districts that levy taxes independently of the general county fund.
Property insurance premiums are influenced by regional weather patterns, including occasional severe storm and wind events common to Central Illinois.
- Urban Air Trampoline and Adventure Park4.527.4 mi
- The Putt Club East Peoria4.310.7 mi
- Altitude Trampoline Park BLOOMINGTON, IL4.527.8 mi
- Elevate Trampoline Park4.518.7 mi
- Elevate Trampoline Park4.69.7 mi
- Peoria Civic Center4.211.5 mi
- Peoria Zoo4.312.5 mi
- Grossinger Motors Arena4.325.6 mi
- DESTIHL Brewery and Beer Hall4.627.8 mi
- Caterpillar Visitors Center4.711.3 mi
- Wildlife Prairie Park4.519.1 mi
- Peoria Zoo4.312.5 mi
- Peoria Riverfront Museum4.511.2 mi
- Detweiller Park4.717.5 mi
- AMC Grand Prairie 184.219.2 mi
- Peoria Riverfront Museum4.511.2 mi
- Caterpillar Visitors Center4.711.3 mi
- Children's Discovery Museum4.725.9 mi
- The Peoria PlayHouse4.612.4 mi
- Vrooman Mansion4.926.2 mi
- Wildlife Prairie Park4.519.1 mi
- Detweiller Park4.717.5 mi
- Luthy Botanical Garden4.612.7 mi
- Forest Park Nature Center4.815.1 mi
- Glen Oak Park4.512.5 mi
- EastPort Marina4.510.4 mi
- Illinois Valley Yacht & Canoe Club4.614.2 mi
- Pekin Boat Club4.39.5 mi
- National Marine Service & Rentals4.314.7 mi
- Metamora Fields Golf Club4.717.5 mi
- WeaverRidge Golf Club4.316.5 mi
- Coyote Creek Golf Club4.613.9 mi
- Pine Lakes Golf Club4.68 mi
- Quail Meadows Golf Course4.410.7 mi
- Northwoods Mall415.4 mi
- Hy-Vee Grocery Store4.414.6 mi
- Kohl's4.29.8 mi
- Hy-Vee Grocery Store4.519.1 mi
- Blain's Farm & Fleet4.45.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A historic site offering scenic views of the Illinois River and extensive hiking trails.
A large recreational area in Pekin featuring disc golf, camping, and picnic facilities.
Data retrieved from data.census.gov
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts. Exemptions, such as the homestead exemption, reduce the EAV before the tax rate is applied.
35 ILCS 200/9-145
Sellers must provide a written disclosure report to prospective buyers detailing material defects in the property as defined by 765 ILCS 77/35.
765 ILCS 77/1 et seq.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.