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City / Town Overview

Peoria, IL

Aggregate real estate market report across all ZIPs in scope
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The Peoria, IL real estate market currently shows 433 active listings, with 192 pending sales. Homes are averaging 42.7 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42.7 days on market compared to 45 days last year.

The median listing price has fallen 0.8% year-over-year, from $166,994 to $165,615.

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, 61604, 61605, 61607, 61612, 61613, 61615, 61629, 61630, 61633, 61634

Averyville: 61639, 61643

North Valley: 61603

University East: 61606

Metro West: 61614

Moss Bradley: 61625

Area Map

Market Overview

Active Listings
433
⇧ 1.6% vs 426 last year
Pending
192
44% pending ratio
Median Price
$165,615
⇩ 0.8% vs $166,994 last year
Average Price
$195,063
⇧ 4.1% vs $187,311 last year
Days on Market
42.7
⇩ 5.1% vs 45 days last year

Price Per Square Foot

Median $/sqft
$94
⇧ 2.6% vs $92/sqft last year
Median Home Size
1,701 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 %