Pekin, IL Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Pekin: a median closing price of $142,500 across 287 closings Resideline tracked over the last six months, plus the full price spread.
Pekin produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.
The snapshot
- •Closings tracked, last 6 months: 287
- •Median sold price, last 6 months: $142,500
- •Median sold $/sqft, last 6 months: $95
- •Middle half of sales closed between: $100,000 and $196,500
What the numbers say
Resideline tracked 287 closed sales in Pekin over the last six months, with a median closing price of $142,500. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $100,000 and $196,500. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 93% of the Pekin closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 280 closings with usable living area, the middle half sold between $77 and $115 per square foot.
Figures last updated September 6, 2026 from closings Resideline tracked.
Median home price in Pekin, IL (September 2026)
The median home price in Pekin is $142,500, measured across the 287 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $100,000 and $196,500.
Where Pekin sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Pekin over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $100,000 and $196,500. Among the 91 Illinois markets with a published band, Pekin's middle-half spread ($100,000 to $196,500) ranks 60th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 76th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.
How long a sale takes here
- •Listed to under contract: a median of 5 days, across 191 Pekin closings Resideline tracked in the last six months
- •Contract to closing: a median of 31 days, across 172 Pekin closings Resideline tracked in the last six months
The Pekin angle
A wide middle half is the defining feature of Pekin's closed sale data. The distance from $100,000 to $196,500 runs wider than most markets we track, which means the citywide median summarises a genuinely dispersed set of transactions and is a weak anchor for any particular address. The 287 closings do give you a solid base for narrowing. Fix the property type, put a defined size window around the subject, and keep the radius as small as the data allows. Every filter you can defend removes part of that spread from your estimate, which is the practical reason filtering matters more in a market shaped like this one. The dispersion is also lopsided. More dollars separate $142,500 from $196,500 than separate it from $100,000. A comp set drawn from the upper portion therefore shifts a valuation further than an equally mismatched set from the lower portion, so record where your sales sit before you settle on a figure.
From market read to offer price
A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Pekin address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Pekin, IL
Geography: incorporated municipality, Census place 1758447
Data updated: September 2026
Analysis period: last six months
Tracked closings: 287
Median sold price: $142,500
Median sold $/sqft: $95 (280 qualifying)
Property mix: 93% houses
https://resideline.com/blog/pekin-il-housing-market
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<p>Source: <a href="https://resideline.com/blog/pekin-il-housing-market">Resideline Market Watch</a></p>
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Pekin over the last six months, and is refreshed when the data is. The closings we track within the Pekin city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 18% of the 287 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $150,000.
Frequently Asked Questions
What is the median home price in Pekin?
The median sold price in Pekin over the last 6 months is $142,500, measured across 287 closings Resideline tracked.
How many homes sold in Pekin last month?
Resideline tracked 41 closed sales in Pekin in August 2026, out of 287 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Pekin?
The middle half of Pekin sales over the last six months closed between $100,000 and $196,500, with a median of $142,500.
What is the typical price per square foot in Pekin?
Among qualifying Pekin closings Resideline tracked over the last six months, the median sold price per square foot was $95, measured across 280 sales with usable living area. Median is used rather than average because outliers distort the mean.
What does Pekin's broad price range mean for an estimate?
It means $142,500 is a weak anchor for a single address. The distance from $100,000 to $196,500 is wider than most markets we track, so the middle half of sales alone covers a large dollar range. The 287 closings make a solid sample, so filter to property type and a defined size window and let the comps decide. The upper half of the band is the wider half, so a comp set leaning above $142,500 carries more of that spread into the answer.