Data as of September 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61607) currently shows 25 active listings, with 17 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 48 days on market compared to 34 days last year.
The median listing price has risen 4.2% year-over-year, from $149,950 to $156,225.
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 September 2026, there are 25 active listings in PEORIA, IL (zip code 61607), compared to 37 the prior year.
The median listing price in PEORIA, IL 61607 is $156,225 as of September 2026, a 4.2% increase from $149,950 the prior year.
Homes in PEORIA, IL 61607 spend an average of 48 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PEORIA, IL 61607 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 48 days on market compared to 34 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61607 save an estimated $3,125 compared to a typical 5% commission on the median listing price of $156,225. 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.