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SOUTH PEKIN, IL 61564

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SOUTH PEKIN, IL real estate market (61564) currently shows 3 active listings, with 1 pending sales. Homes are averaging 158 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 158 days on market compared to 9 days last year.

The median listing price has fallen 11.7% year-over-year, from $69,000 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 Context

Market Context

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

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

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
1
33% pending ratio
Median Price
$60,950
⇩ 11.7% vs $69,000 last year
Average Price
$60,950
⇩ 11.7% vs $69,000 last year
Days on Market
158
⇧ 1655.6% vs 9 days last year

Price Per Square Foot

Median $/sqft
$64
⇧ 42.2% vs $45/sqft last year
Median Home Size
949 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 158 now vs 9 last year

Median & Average Pricing

Year over Year
  • Median: $60,950 (-11.7% YoY)
  • Average: $60,950 (-11.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.2 miles — 208 listings ($44,255,813 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 mi1$239,900$239,900$239,900
61546Manito, IL 615468.3 mi7$958,650$126,450$136,950
61607Peoria, IL 616079.2 mi29$5,206,602$189,950$179,538
61568Tremont, IL 615689.3 mi11$3,253,492$229,325$295,772
61734Delavan, IL 6173411.0 mi6$1,430,880$257,500$238,480
61605Peoria, IL 6160512.4 mi38$1,708,556$39,900$44,962
61747Hopedale, IL 6174713.0 mi2$350,000$175,000$175,000
61550Morton, IL 6155013.7 mi31$13,627,290$316,150$439,590
61606Peoria, IL 6160614.1 mi20$2,924,360$139,900$146,218
61536Hanna City, IL 6153614.9 mi6$1,574,868$268,725$262,478
61611East Peoria, IL 6161116.1 mi53$12,598,365$177,450$237,705
62635Emden, IL 6263517.2 mi1$200,000$200,000$200,000

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in SOUTH PEKIN, IL (zip code 61564), compared to 1 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 March 2026, a 11.7% decrease from $69,000 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 158 days on the market before going under contract, compared to 9 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 March 2026, SOUTH PEKIN, IL 61564 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 158 days on market compared to 9 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.