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SOUTH PEKIN, IL 61564

Real Estate Market Report  ·  Tazewell County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$60,950
⇩ 32.2% vs $89,900 last year
Average Price
$60,950
⇩ 32.2% vs $89,900 last year
Days on Market
105
⇧ 320% vs 25 days last year

Market Context

Population: 1,053  ·  Density: 416.2/mi²  ·  Median household income: $67,917

Typical home value: $99,270  ·  Homeownership: 81.2%

Market Analysis

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

The SOUTH PEKIN, IL real estate market (61564) currently shows 3 active listings, with 1 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 105 days on market compared to 25 days last year.

The median listing price has fallen 32.2% year-over-year, from $89,900 to $60,950.

Whether you are buying or selling in SOUTH PEKIN, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 105 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $60,950 (-32.2% YoY)
  • Average: $60,950 (-32.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 281 listings ($36,253,411 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61564South Pekin, IL 615640.0 mi3$182,850$60,950$60,950
61534Green Valley, IL 615345.8 mi3$644,700$214,900$214,900
61546Manito, IL 615468.3 mi10$1,624,500$135,000$162,450
61607Peoria, IL 616079.2 mi23$4,215,440$192,450$183,280
61568Tremont, IL 615689.3 mi7$1,545,369$222,500$220,767
61734Delavan, IL 6173411.0 mi6$1,655,400$297,500$275,900
61605Peoria, IL 6160512.4 mi33$1,298,715$37,450$39,355
61747Hopedale, IL 6174713.0 mi1$212,000$212,000$212,000
62682San Jose, IL 6268214.1 mi1$69,900$69,900$69,900
61604Peoria, IL 6160414.3 mi113$11,580,579$94,900$102,483
61603Peoria, IL 6160315.4 mi57$4,862,670$64,000$85,310
61755Mackinaw, IL 6175516.8 mi10$2,761,750$234,950$276,175
61616Peoria Heights, IL 6161617.7 mi14$5,599,538$269,000$399,967

Frequently Asked Questions

How many homes are for sale in SOUTH PEKIN, IL 61564?

As of January 2026, there are 3 active listings in SOUTH PEKIN, IL (zip code 61564), compared to 2 the prior year.

What is the median home price in SOUTH PEKIN, IL 61564?

The median listing price in SOUTH PEKIN, IL 61564 is $60,950 as of January 2026, a 32.2% decrease from $89,900 the prior year.

How long do homes stay on the market in SOUTH PEKIN, IL?

Homes in SOUTH PEKIN, IL 61564 spend an average of 105 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in SOUTH PEKIN, IL 61564?

Based on current inventory and days-on-market data as of January 2026, SOUTH PEKIN, IL 61564 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 105 days on market compared to 25 days last year.

How much can I save on real estate commission in SOUTH PEKIN, IL?

With SELL123.com's maximum 3% commission, sellers in SOUTH PEKIN, IL 61564 save an estimated $1,219 compared to a typical 5% commission on the median listing price of $60,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.