Data as of March 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61602) currently shows 23 active listings, with 2 pending sales. Homes are averaging 156 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 156 days on market compared to 119 days last year.
The median listing price has risen 83.7% year-over-year, from $122,500 to $225,000.
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.
Population: 862 · Density: 298.6/mi² · Median household income: $20,000
Typical home value: $236,156 · Homeownership: 16.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61602 | Peoria, IL 61602 | 0.0 mi | 24 | $5,194,944 | $214,975 | $216,456 |
| 61605 | Peoria, IL 61605 | 1.6 mi | 38 | $1,708,556 | $39,900 | $44,962 |
| 61603 | Peoria, IL 61603 | 2.7 mi | 48 | $4,160,928 | $61,975 | $86,686 |
| 61611 | East Peoria, IL 61611 | 4.2 mi | 53 | $12,598,365 | $177,450 | $237,705 |
| 61614 | Peoria, IL 61614 | 5.4 mi | 68 | $17,807,636 | $225,195 | $261,877 |
| 61615 | Peoria, IL 61615 | 7.1 mi | 60 | $17,586,780 | $257,175 | $293,113 |
| 61547 | Mapleton, IL 61547 | 8.6 mi | 6 | $1,948,428 | $288,175 | $324,738 |
| 61554 | Pekin, IL 61554 | 9.4 mi | 103 | $21,697,053 | $145,550 | $210,651 |
| 61571 | Washington, IL 61571 | 9.6 mi | 42 | $14,188,062 | $263,675 | $337,811 |
| 61525 | Dunlap, IL 61525 | 12.1 mi | 21 | $9,397,836 | $419,900 | $447,516 |
| 61564 | South Pekin, IL 61564 | 12.8 mi | 3 | $182,850 | $60,950 | $60,950 |
| 61568 | Tremont, IL 61568 | 13.8 mi | 11 | $3,253,492 | $229,325 | $295,772 |
| 61733 | Deer Creek, IL 61733 | 14.6 mi | 1 | $220,000 | $220,000 | $220,000 |
As of March 2026, there are 23 active listings in PEORIA, IL (zip code 61602), compared to 22 the prior year.
The median listing price in PEORIA, IL 61602 is $225,000 as of March 2026, a 83.7% increase from $122,500 the prior year.
Homes in PEORIA, IL 61602 spend an average of 156 days on the market before going under contract, compared to 119 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PEORIA, IL 61602 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 156 days on market compared to 119 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61602 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. 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.