Population: 10,522 · Density: 120.7/mi² · Median household income: $73,442
Typical home value: $155,791 · Homeownership: 86.3%
Data as of January 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61607) currently shows 23 active listings, with 8 pending sales. Homes are averaging 62 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 selling faster, averaging 62 days on market compared to 63 days last year.
The median listing price has risen 21.6% year-over-year, from $158,250 to $192,450.
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 $ |
|---|---|---|---|---|---|---|
| 61607 | Peoria, IL 61607 | 0.0 mi | 23 | $4,215,440 | $192,450 | $183,280 |
| 61605 | Peoria, IL 61605 | 4.3 mi | 33 | $1,298,715 | $37,450 | $39,355 |
| 61604 | Peoria, IL 61604 | 5.6 mi | 113 | $11,580,579 | $94,900 | $102,483 |
| 61606 | Peoria, IL 61606 | 6.3 mi | 21 | $2,803,836 | $129,900 | $133,516 |
| 61536 | Hanna City, IL 61536 | 6.8 mi | 8 | $1,281,832 | $140,000 | $160,229 |
| 61603 | Peoria, IL 61603 | 8.2 mi | 57 | $4,862,670 | $64,000 | $85,310 |
| 61535 | Groveland, IL 61535 | 9.1 mi | 2 | $235,000 | $117,500 | $117,500 |
| 61611 | East Peoria, IL 61611 | 9.8 mi | 45 | $9,720,450 | $165,000 | $216,010 |
| 61616 | Peoria Heights, IL 61616 | 10.1 mi | 14 | $5,599,538 | $269,000 | $399,967 |
| 61615 | Peoria, IL 61615 | 10.9 mi | 60 | $16,276,860 | $216,500 | $271,281 |
| 61550 | Morton, IL 61550 | 13.0 mi | 26 | $10,358,868 | $269,900 | $398,418 |
| 61568 | Tremont, IL 61568 | 13.9 mi | 7 | $1,545,369 | $222,500 | $220,767 |
| 61534 | Green Valley, IL 61534 | 14.8 mi | 3 | $644,700 | $214,900 | $214,900 |
As of January 2026, there are 23 active listings in PEORIA, IL (zip code 61607), compared to 25 the prior year.
The median listing price in PEORIA, IL 61607 is $192,450 as of January 2026, a 21.6% increase from $158,250 the prior year.
Homes in PEORIA, IL 61607 spend an average of 62 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PEORIA, IL 61607 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 62 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61607 save an estimated $3,849 compared to a typical 5% commission on the median listing price of $192,450. 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.