The story of this market
The typical home in Peoria, Illinois sells for about $147,911, or $109 per square foot.
Prices are up +2% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,328 a month.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Peoria, Illinois
The Peoria housing market remains highly affordable and competitive, characterized by low inventory and steady price appreciation. While the job market shows some weakness compared to national averages, the city's low cost of living continues to support demand for residential property.
2 verified foreclosure posting(s) on the ARED county ledger attributed to Peoria across its counties. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Deterministic aggregate of 9 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.2% year over year.
Homes spend a median of 22 days on market with 0.2 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 8.33% of asking — demand is holding steady.
2 foreclosure-ledger notices — 0.2 per 10,000 residents — a stable, low-distress profile.
- The Putt Club East Peoria4.30.7 mi
- Elevate Trampoline Park4.57.4 mi
- Elevate Trampoline Park4.61.8 mi
- Kartville4.22.8 mi
- Chuck E. Cheese3.94 mi
- Peoria Civic Center4.20.2 mi
- Peoria Zoo4.31.9 mi
- Caterpillar Visitors Center4.70.2 mi
- Five Points Washington4.58.8 mi
- Kenny's Westside Pub4.50 mi
- Wildlife Prairie Park4.58.7 mi
- Peoria Zoo4.31.9 mi
- Peoria Riverfront Museum4.50.2 mi
- Detweiller Park4.76.9 mi
- AMC Grand Prairie 184.27.7 mi
- Peoria Riverfront Museum4.50.2 mi
- Caterpillar Visitors Center4.70.2 mi
- The Peoria PlayHouse4.61.8 mi
- Wheels O' Time Museum4.99.8 mi
- Soderstrom Castle4.63.8 mi
- Wildlife Prairie Park4.58.7 mi
- Detweiller Park4.76.9 mi
- Jubilee College State Park4.414.4 mi
- Luthy Botanical Garden4.61.9 mi
- Forest Park Nature Center4.84.5 mi
- EastPort Marina4.52.3 mi
- Illinois Valley Yacht & Canoe Club4.64.2 mi
- Pekin Boat Club4.38.7 mi
- National Marine Service & Rentals4.34.5 mi
- Metamora Fields Golf Club4.713.4 mi
- WeaverRidge Golf Club4.35.1 mi
- Coyote Creek Golf Club4.68.3 mi
- Pine Lakes Golf Club4.66.8 mi
- Quail Meadows Golf Course4.44.6 mi
- Northwoods Mall43.9 mi
- Hy-Vee Grocery Store4.43.3 mi
- Kohl's4.21.7 mi
- Hy-Vee Grocery Store4.57.6 mi
- The Shoppes at Grand Prairie4.27.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional shopping destination serving the Peoria area.
A central geographic feature providing recreational opportunities and scenic value.
A public golf facility serving local residents.
A significant public park offering green space and community recreation.
A revitalized historic district featuring dining, nightlife, and cultural venues.
The city is served by a network of highways and local transit corridors, with a commute profile typical of mid-sized Midwestern industrial cities.
Peoria's economy is anchored by healthcare, manufacturing, and education sectors, though it faces challenges in job market growth compared to similar-sized metros.
Development activity is focused on corridor revitalization and infrastructure improvements to support long-term urban stability.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Data retrieved from Census Reporter profiles for Peoria city, IL.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.