Population: 15,789 · Density: 1,443.0/mi² · Median household income: $41,069
Typical home value: $72,718 · Homeownership: 47.8%
Data as of January 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61603) currently shows 57 active listings, with 15 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 59 days on market compared to 50 days last year.
The median listing price has fallen 7.1% year-over-year, from $68,875 to $64,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61603 | Peoria, IL 61603 | 0.0 mi | 57 | $4,862,670 | $64,000 | $85,310 |
| 61606 | Peoria, IL 61606 | 2.1 mi | 21 | $2,803,836 | $129,900 | $133,516 |
| 61602 | Peoria, IL 61602 | 2.7 mi | 23 | $5,049,443 | $212,450 | $219,541 |
| 61605 | Peoria, IL 61605 | 3.9 mi | 33 | $1,298,715 | $37,450 | $39,355 |
| 61610 | Creve Coeur, IL 61610 | 5.0 mi | 11 | $1,737,263 | $172,450 | $157,933 |
| 61571 | Washington, IL 61571 | 8.0 mi | 38 | $11,983,870 | $219,900 | $315,365 |
| 61528 | Edwards, IL 61528 | 8.9 mi | 6 | $2,390,550 | $449,900 | $398,425 |
| 61550 | Morton, IL 61550 | 9.9 mi | 26 | $10,358,868 | $269,900 | $398,418 |
| 61548 | Metamora, IL 61548 | 10.8 mi | 15 | $6,107,865 | $360,000 | $407,191 |
| 61536 | Hanna City, IL 61536 | 11.2 mi | 8 | $1,281,832 | $140,000 | $160,229 |
| 61523 | Chillicothe, IL 61523 | 14.3 mi | 31 | $6,020,665 | $159,450 | $194,215 |
| 61539 | Kingston Mines, IL 61539 | 15.2 mi | 1 | $107,000 | $107,000 | $107,000 |
| 61564 | South Pekin, IL 61564 | 15.4 mi | 3 | $182,850 | $60,950 | $60,950 |
As of January 2026, there are 57 active listings in PEORIA, IL (zip code 61603), compared to 59 the prior year.
The median listing price in PEORIA, IL 61603 is $64,000 as of January 2026, a 7.1% decrease from $68,875 the prior year.
Homes in PEORIA, IL 61603 spend an average of 59 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PEORIA, IL 61603 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61603 save an estimated $1,280 compared to a typical 5% commission on the median listing price of $64,000. 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.