Anthony Licea purchases 118 W. Merle Lane, Peoria, appraised at $249,900

The home at 118 W. Merle Lane, Peoria, Peoria County, was sold on June 29 by Josef L Taylor, Nicole E. Taylor (formerly known as) and Nicole E Itschner for $249,900.

Anthony Licea was listed as the buyer.

Property taxes on the home totaled $5,393 in 2024, or 2.2% of the sale price.

This property is one of 245 sales in Peoria, Peoria County, between May 29 and June 29.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.