Current Price

$123,836

1 Month Forecast

â–² $137,185

1-Year Forecast *

â–² $145,670

5-Year Forecast *

â–² $176,283

"Is it a good time to buy homes in Pekin?" "Does investing in real estate in Pekin (Illinois State, Tazewell County) worth it?" According to our live Forecast System, buying a house in Pekin is a good short-term (1-year) investment*. The Pekin average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Pekin" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Pekin in Illinois State, Tazewell County. If you are looking for homes for sale with good flipping profit, Pekin can be a profitable property investment option. The median price of an average house in Pekin was 123,836 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Pekin" area is 176,283 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +42.35% meaning that investing 100000 USD today may yield a profit of 42,352 USD by 2031.

Current Median Listing Price: 123,836 USD Median Listing Price Per Square Foot: 69 USD

Pekin Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Pekin (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Pekin Price Target

Pekin median home price target in 12 months: $145,670* (upside of 17.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $131,378 $136,381 $131,378 $136,381
2024 $116,134 $123,836 $116,134 $123,836
2023 $106,952 $115,174 $105,900 $115,174
2022 $101,772 $107,664 $101,772 $108,678
2021 $94,367 $101,096 $94,367 $101,096
2020 $90,075 $93,783 $90,075 $93,783
2019 $89,981 $89,878 $89,335 $89,981
2018 $90,582 $90,361 $90,361 $91,914
2017 $91,203 $90,098 $89,705 $91,203
2016 $93,429 $91,504 $91,504 $93,888
2015 $92,506 $92,973 $91,503 $92,973
2014 $93,164 $92,432 $92,186 $93,242
2013 $92,383 $93,258 $92,383 $94,036
2012 $92,080 $92,558 $92,080 $93,307

Questions & Answers about the Pekin Housing Market Forecast

How much does an average home cost in Pekin today?

The value of an average home (the listing price) in Pekin is $123,836 USD.

What is the average price per square foot in Pekin?

According to Walletinvestor the median price per square foot in Pekin is 69 USD.

Will the median listing price of homes in Pekin grow / rise / go up?

Yes. The Pekin home prices may rise from 123,836 USD to 145,670 USD in one year.

Is it profitable to invest in Pekin homes?

Yes. The long-term profit potential is +17.63% in one year.

Will Pekin house prices fall / drop?

No. See above.

What is the predicted price of a Pekin home in 2030?

The predicted home sales price of a Pekin home in 2030 in Pekin is 165,210 USD.

What is the predicted price of a Pekin home in 2035?

The predicted home sales price of a Pekin home in 2035 in Pekin is 213,886 USD.

Will real estate prices decrease in Pekin?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Pekin is the 1544. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Tazewell, Pekin decreased, looking at the past 12 months.

According to Walletinvestor's Pekin real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.806% to 123,836 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 17.571% in 2021
  • 15.931% in 2022
  • 17.081% in 2023
  • 17.901% in 2024
  • 17.081% in 2025
  • 16.101% in 2026

Based on our Pekin real estate market research and report the predicted sales prices will increase by 407.247% in the next 10 years.

Over the last 12 months, the value of homes in Pekin fluctuated: increasing 4 times .

Pekin (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Pekin Housing Market Forecast with Real Estate Prices for 2025
August 2025 137185 124289 150080
September 2025 137993 129852 146135
October 2025 138806 125203 152410
November 2025 139625 125662 153587
December 2025 140378 133219 147537
Pekin Housing Market Forecast with Real Estate Prices for 2026
January 2026 140900 130896 150904
February 2026 141616 127596 155636
March 2026 142429 129184 155675
April 2026 143124 131245 155004
May 2026 143968 134754 153182
June 2026 144816 135258 154374
July 2026 145670 132996 158343
August 2026 146528 135539 157518
September 2026 147392 137369 157414
October 2026 148260 136548 159973
November 2026 149134 135414 162854
December 2026 149816 136483 163150
Pekin Housing Market Forecast with Real Estate Prices for 2027
January 2027 149348 137549 161146
February 2027 148987 136025 161949
March 2027 148688 139320 158055
April 2027 148504 134545 162464
May 2027 148040 135012 161067
June 2027 147577 139165 155988
July 2027 147115 139024 155206
August 2027 147504 133934 161074
September 2027 148373 139916 156831
October 2027 149248 138203 160292
November 2027 150127 138868 161387
December 2027 151012 137874 164150
Pekin Housing Market Forecast with Real Estate Prices for 2028
January 2028 151902 139598 164206
February 2028 152797 140573 165021
March 2028 153698 144629 162766
April 2028 154603 143163 166044
May 2028 155514 141674 169355
June 2028 156431 144073 168789
July 2028 157353 148226 166479
August 2028 158280 145459 171101
September 2028 159213 146476 171950
October 2028 160151 148780 171522
November 2028 160466 145863 175068
December 2028 160377 151075 169679
Pekin Housing Market Forecast with Real Estate Prices for 2029
January 2029 160094 151769 168419
February 2029 160645 146669 174622
March 2029 161592 153189 169995
April 2029 162544 148728 176361
May 2029 163502 154673 172331
June 2029 164466 148677 180255
July 2029 165210 152654 177766
August 2029 165980 153863 178096
September 2029 166825 151143 182506
October 2029 167808 151363 184253
November 2029 168797 152930 184664
December 2029 169792 160623 178960
Pekin Housing Market Forecast with Real Estate Prices for 2030
January 2030 170792 160545 181040
February 2030 171799 157539 186058
March 2030 172811 156394 189228
April 2030 173744 162451 185037
May 2030 174390 163055 185726
June 2030 175276 158625 191927
July 2030 176283 165706 186860
August 2030 177143 164743 189543
September 2030 178187 161437 194936
October 2030 179237 161672 196802
November 2030 180293 170738 189849
December 2030 181356 171018 191693
Pekin Housing Market Forecast with Real Estate Prices for 2031
January 2031 182425 171844 193005
February 2031 183500 168269 198730
March 2031 184581 173322 195840
April 2031 185425 173558 197293
May 2031 184845 170427 199263
June 2031 184399 166697 202102
July 2031 184028 165810 202247
August 2031 183802 168730 198874
September 2031 183227 170950 195503
October 2031 182653 165484 199823
November 2031 182082 169336 194828
December 2031 182564 166315 198812
Pekin Housing Market Forecast with Real Estate Prices for 2032
January 2032 183639 167663 199616
February 2032 184722 170129 199315
March 2032 185810 169459 202162
April 2032 186905 176626 197185
May 2032 188007 176726 199287
June 2032 189115 176255 201975
July 2032 190229 176913 203545

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.