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City / Town Overview

Peoria, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Peoria, IL real estate market currently shows 405 active listings, with 171 pending sales. Homes are averaging 56.2 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56.2 days on market compared to 45.7 days last year.

The median listing price has risen 12.1% year-over-year, from $143,135 to $160,455.

Whether you are buying or selling in Peoria, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 128,405  ·  Density: 871.1/mi²  ·  Median household income: $56,860

Typical home value: $130,342  ·  Homeownership: 59%

Included Areas

Peoria: 61601, 61602, 61603, 61604, 61605, 61606, 61607, 61612, 61613, 61614, 61615, 61629

Averyville: 61639, 61643

Moss Bradley: 61625

Area Map

Market Overview

Active Listings
405
⇧ 7.4% vs 377 last year
Pending
171
42% pending ratio
Median Price
$160,455
⇧ 12.1% vs $143,135 last year
Average Price
$181,346
⇧ 8.8% vs $166,711 last year
Days on Market
56.2
⇧ 23% vs 46 days last year

Price Per Square Foot

Median $/sqft
$91
⇧ 7.3% vs $85/sqft last year
Median Home Size
1,631 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %