South Pekin, IL

Full City Profile · Illinois · Tazewell County County

3.3 /5.0
B Good
949 Population 1,825/sq mi density
$64,750 Median Income $29,693 per capita
$106,000 Home Value $109,805 Zillow
$741 Median Rent 19.7% income on rent
53°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$64,750 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$106,000 home value, $741/mo rent
D
Education
1.7 / 5.0
8.6% bachelor's degree or higher

Housing Overview

Median Home Value
$106,000
62% below
US avg: $281,900
Median Rent
$741/mo
36% below
US avg: $1,163/mo
Homeownership Rate
78.8%
20% above US avg (65.4%)
Total Housing Units
368
Median year built: 1960

Home Value by Source

Census Median
$106,000
Zillow (ZHVI)
$109,805
Redfin Median Sale
$85,500
Median Sale Price
$85,500
Median List Price
$40,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.8%
Owner-Occupied
21.2%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $741/mo

Market Indicators (Redfin)

Median Sale Price
$85,500
Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$82
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
19.7%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
78.8%

Complete Housing Data

Home Values

Census Median Value$106,000
Zillow Home Value (ZHVI)$109,805
Redfin Median Sale$85,500
Median Sale Price$85,500
Median List Price$40,000
Price Per Sq Ft$82

Rent

Census Median Rent$741
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market36
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$82

Ownership & Stock

Owner-Occupied78.8%
Renter-Occupied21.2%
Homeownership Rate78.8%
Total Housing Units368
Median Year Built1960
Rent Burden19.7%