The story of this market
The typical home in ZIP 61606 sells for about $122,000, 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 $913 a month.
ZIP 61606 — Peoria
The 61606 housing market is characterized by a median home price of $122,000 as of May 2026. The broader Peoria market remains competitive with low inventory and steady year-over-year price growth.
Median prices moved up 2.0% year over year.
Homes spend a median of 22 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 25.8% — a mixed stability profile.
ZCTA 61606, Peoria County IL
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.
not determinable
- The Putt Club East Peoria4.31.9 mi
- Elevate Trampoline Park4.56.8 mi
- Elevate Trampoline Park4.62.7 mi
- Kartville4.21.6 mi
- Chuck E. Cheese3.93.2 mi
- Peoria Civic Center4.21.1 mi
- Peoria Zoo4.32.5 mi
- Caterpillar Visitors Center4.71.4 mi
- Five Points Washington4.510 mi
- Kenny's Westside Pub4.51.2 mi
- Wildlife Prairie Park4.57.5 mi
- Peoria Zoo4.32.5 mi
- Peoria Riverfront Museum4.51.4 mi
- Detweiller Park4.76.8 mi
- AMC Grand Prairie 184.26.8 mi
- Peoria Riverfront Museum4.51.4 mi
- Caterpillar Visitors Center4.71.4 mi
- The Peoria PlayHouse4.62.4 mi
- Wheels O' Time Museum4.99.4 mi
- Soderstrom Castle4.64.2 mi
- Wildlife Prairie Park4.57.5 mi
- Detweiller Park4.76.8 mi
- Luthy Botanical Garden4.62.5 mi
- Forest Park Nature Center4.84.6 mi
- Glen Oak Park4.52.4 mi
- EastPort Marina4.53.5 mi
- Illinois Valley Yacht & Canoe Club4.64.6 mi
- Pekin Boat Club4.38.7 mi
- National Marine Service & Rentals4.34.8 mi
- WeaverRidge Golf Club4.34.1 mi
- Coyote Creek Golf Club4.67.6 mi
- Pine Lakes Golf Club4.68.1 mi
- Quail Meadows Golf Course4.45.7 mi
- Newman Golf Course41.1 mi
- Northwoods Mall43.1 mi
- Hy-Vee Grocery Store4.42.9 mi
- Kohl's4.22.7 mi
- Hy-Vee Grocery Store4.56.7 mi
- The Shoppes at Grand Prairie4.26.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.