House Prices

House Prices & Home Values Pekin, IN 2026


Average Data

average house price$237,700
average size per house2228 ft²
average price per ft²107 $ / ft²

04/05/2026 - The value range (VR) for house prices in Pekin, IN is $110/ sqft to $110/ sqft. An average home with 2228 sqft costs approximately $245,080 to $245,080. Pekin, IN includes 1 ZIP codes and it is located in Washington county. The lowest prices are found in ZIP 47165, while the highest are in ZIP 47165. The average price per sqare feet is $107. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Pekin

47165117 $ / ft²




Historical development of home values in Pekin

Year Estimated value (USD) Change vs. 2025
2010 $110,392 -53.6%
2011 $106,123 -55.4%
2012 $105,838 -55.5%
2013 $109,794 -53.8%
2014 $115,253 -51.5%
2015 $121,168 -49.0%
2016 $127,492 -46.4%
2017 $134,373 -43.5%
2018 $141,802 -40.3%
2019 $148,377 -37.6%
2020 $156,047 -34.4%
2021 $177,487 -25.3%
2022 $206,910 -13.0%
2023 $218,196 -8.2%
2024 $230,819 -2.9%
2025 $237,700 0.0%

Graph: estimated home values in Pekin over time (USD)



Example: 100% financing house in Pekin

Loan amount: $237,700

Interest rate: 6.00%

Fixed monthly payment: $1,425.13

Breakdown in the 1st month:
Interest portion: $1,188.50  –  Principal portion: $236.63

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,182.60 $2,918.98 $234,781.02
2 $14,002.56 $3,099.02 $231,682.00
3 $13,811.42 $3,290.16 $228,391.83
4 $13,608.49 $3,493.09 $224,898.74
5 $13,393.04 $3,708.54 $221,190.21
6 $13,164.31 $3,937.27 $217,252.93
7 $12,921.47 $4,180.11 $213,072.82
8 $12,663.64 $4,437.93 $208,634.89
9 $12,389.92 $4,711.66 $203,923.23
10 $12,099.32 $5,002.26 $198,920.97
11 $11,790.79 $5,310.79 $193,610.18
12 $11,463.23 $5,638.35 $187,971.83
13 $11,115.47 $5,986.11 $181,985.72
14 $10,746.26 $6,355.32 $175,630.40
15 $10,354.28 $6,747.30 $168,883.10
16 $9,938.12 $7,163.46 $161,719.64
17 $9,496.29 $7,605.29 $154,114.36
18 $9,027.22 $8,074.36 $146,039.99
19 $8,529.21 $8,572.37 $137,467.62
20 $8,000.48 $9,101.10 $128,366.52
21 $7,439.15 $9,662.43 $118,704.09
22 $6,843.19 $10,258.39 $108,445.70
23 $6,210.47 $10,891.11 $97,554.59
24 $5,538.73 $11,562.85 $85,991.75
25 $4,825.56 $12,276.02 $73,715.73
26 $4,068.40 $13,033.17 $60,682.56
27 $3,264.55 $13,837.03 $46,845.52
28 $2,411.11 $14,690.47 $32,155.05
29 $1,505.03 $15,596.55 $16,558.51
30 $543.07 $16,558.51 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Pekin, IN


1500 sqft3900 sqft
Ø selling price$194,206$413,128
Ø fast selling$176,550$371,815
Ø high price sale$211,861$454,440

In 2026, houses in Pekin, IN will be offered at an average price of $107 per square foot. A 1,500 sqft home priced at $194,206 is 24.33% more expensive per square foot than a 3,900 sqft home priced at $413,128. Home prices in Pekin, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $286,011. Sellers who can wait longer may achieve a higher price of up to $349,569.


Discover Pekin, IN

Overview

Located in the rolling countryside of Washington County, Pekin, IN is a welcoming small town known for its rural charm and strong community spirit.
This quiet corner of Southern Indiana offers convenient access to nearby cities while preserving the pace and friendliness of Pekin Indiana living.

History & Events

Pekin?s claim to fame is hosting one of the nation?s oldest continuous Fourth of July celebrations, a tradition dating back to the 1830s.
Each year the festival draws families for parades, fireworks, and hometown activities that showcase the town?s heritage and pride.

Living & Amenities

Local life centers around churches, parks, and small businesses, with everyday needs met in town and expanded shopping and services in nearby Salem.
Homebuyers will find affordable real estate and acreage options in zip code 47165, making Pekin, IN attractive for those seeking space and value, and students attend the East Washington School Corporation.

Outdoor Recreation & Location

Outdoor enthusiasts enjoy fishing and paddling on the Blue River, scenic drives, and easy escapes to regional trails and state forests.
Situated along State Road 60, Pekin Indiana sits roughly 35 miles from Louisville, Kentucky, offering employment, healthcare, and entertainment within a reasonable commute, and plenty of things to do year-round.



FAQ – Home Values in Pekin

What is the median home value in Pekin in 2026?

In 2026, the typical home value in Pekin is about $237,700 for an average home size of 2228 square feet. This corresponds to an average price of roughly $107 per square foot.

What is the average cost per square foot in Pekin?

In 2026, homes in Pekin sell for an average of around $107 per square foot, with a typical range between $110 and $110 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Pekin is about 2228 square feet, with an estimated 2026 value around $237,700.



Locations close to Pekin, IN

Ramsey, IN196 $ / ft²
Salem, IN92 $ / ft²
Scottsburg, IN118 $ / ft²
Palmyra, IN126 $ / ft²
Otisco, IN128 $ / ft²
New Washington, IN130 $ / ft²
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