Data as of April 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61607) currently shows 28 active listings, with 16 pending sales. Homes are averaging 36 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 taking longer to sell, averaging 36 days on market compared to 17 days last year.
The median listing price has risen 30.1% year-over-year, from $121,150 to $157,650.
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: 10,522 · Density: 120.7/mi² · Median household income: $73,442
Typical home value: $155,791 · Homeownership: 86.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61607 | Peoria, IL 61607 | 0.0 mi | 29 | $5,206,602 | $189,950 | $179,538 |
| 61605 | Peoria, IL 61605 | 4.3 mi | 38 | $1,708,556 | $39,900 | $44,962 |
| 61604 | Peoria, IL 61604 | 5.6 mi | 112 | $12,018,160 | $99,950 | $107,305 |
| 61606 | Peoria, IL 61606 | 6.3 mi | 20 | $2,924,360 | $139,900 | $146,218 |
| 61536 | Hanna City, IL 61536 | 6.8 mi | 6 | $1,574,868 | $268,725 | $262,478 |
| 61603 | Peoria, IL 61603 | 8.2 mi | 48 | $4,160,928 | $61,975 | $86,686 |
| 61535 | Groveland, IL 61535 | 9.1 mi | 4 | $761,868 | $152,400 | $190,467 |
| 61611 | East Peoria, IL 61611 | 9.8 mi | 53 | $12,598,365 | $177,450 | $237,705 |
| 61616 | Peoria Heights, IL 61616 | 10.1 mi | 15 | $5,039,580 | $200,400 | $335,972 |
| 61615 | Peoria, IL 61615 | 10.9 mi | 60 | $17,586,780 | $257,175 | $293,113 |
| 61550 | Morton, IL 61550 | 13.0 mi | 31 | $13,627,290 | $316,150 | $439,590 |
| 61568 | Tremont, IL 61568 | 13.9 mi | 11 | $3,253,492 | $229,325 | $295,772 |
| 61534 | Green Valley, IL 61534 | 14.8 mi | 1 | $239,900 | $239,900 | $239,900 |
As of April 2026, there are 28 active listings in PEORIA, IL (zip code 61607), compared to 21 the prior year.
The median listing price in PEORIA, IL 61607 is $157,650 as of April 2026, a 30.1% increase from $121,150 the prior year.
Homes in PEORIA, IL 61607 spend an average of 36 days on the market before going under contract, compared to 17 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PEORIA, IL 61607 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 17 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61607 save an estimated $3,153 compared to a typical 5% commission on the median listing price of $157,650. 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.