Call or Text (240) SELL-123
Bevalon Edgewild Fairfax Addition Glencrest Hawley Hills Hawthorne Hills (Tanglewood) High Point Idyllbrook Kellar Heights Knoll Crest Knollls Lyndale Road North Prospect Northgate Northmoor Knolls Northmoore Hills Oakcliff Richwoods Knolls (Northmoor Estates) Rolling Acres Sherwood Forest Skyline Drive West Park Knolls Willow Knolls Willow Lake Village Windchime Woodbrook Manor

PEORIA, IL 61614

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61614

Bevalon · Edgewild · Fairfax Addition · Glencrest · Hawley Hills · Hawthorne Hills (Tanglewood) · High Point · Idyllbrook · Kellar Heights · Knoll Crest · Knollls · Lyndale Road · North Prospect · Northgate · Northmoor Knolls · Northmoore Hills · Oakcliff · Richwoods Knolls (Northmoor Estates) · Rolling Acres · Sherwood Forest · Skyline Drive · West Park Knolls · Willow Knolls · Willow Lake Village · Windchime · Woodbrook Manor

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PEORIA, IL real estate market (61614) currently shows 72 active listings, with 39 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 35 days last year.

The median listing price has fallen 3.4% year-over-year, from $219,900 to $212,475.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PEORIA, IL 61614 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 28,399  ·  Density: 911.7/mi²  ·  Median household income: $66,930

Typical home value: $168,072  ·  Homeownership: 61.4%

Market Overview

Active Listings
72
⇧ 2.9% vs 70 last year
Pending
39
54% pending ratio
Median Price
$212,475
⇩ 3.4% vs $219,900 last year
Average Price
$273,218
⇧ 10.3% vs $247,664 last year
Days on Market
37
⇧ 5.7% vs 35 days last year

Price Per Square Foot

Median $/sqft
$112
⇧ 4.7% vs $107/sqft last year
Median Home Size
1,937 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 72 this year vs 70 last year
  • Days on market: 37 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $212,475 (-3.4% YoY)
  • Average: $273,218 (+10.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.2 miles — 377 listings ($97,247,045 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61614Peoria, IL 616140.0 mi68$17,807,636$225,195$261,877
61615Peoria, IL 616152.1 mi60$17,586,780$257,175$293,113
61606Peoria, IL 616064.1 mi20$2,924,360$139,900$146,218
61611East Peoria, IL 616114.9 mi53$12,598,365$177,450$237,705
61605Peoria, IL 616055.9 mi38$1,708,556$39,900$44,962
61525Dunlap, IL 615257.0 mi21$9,397,836$419,900$447,516
61607Peoria, IL 616079.9 mi29$5,206,602$189,950$179,538
61548Metamora, IL 6154810.6 mi14$6,404,552$467,450$457,468
61523Chillicothe, IL 6152311.6 mi35$7,038,640$140,950$201,104
61547Mapleton, IL 6154712.5 mi6$1,948,428$288,175$324,738
61550Morton, IL 6155013.4 mi31$13,627,290$316,150$439,590
61559Princeville, IL 6155914.3 mi1$399,000$399,000$399,000
61545Lowpoint, IL 6154515.2 mi1$599,000$599,000$599,000

Frequently Asked Questions

How many homes are for sale in PEORIA, IL 61614?

As of March 2026, there are 72 active listings in PEORIA, IL (zip code 61614), compared to 70 the prior year.

What is the median home price in PEORIA, IL 61614?

The median listing price in PEORIA, IL 61614 is $212,475 as of March 2026, a 3.4% decrease from $219,900 the prior year.

How long do homes stay on the market in PEORIA, IL?

Homes in PEORIA, IL 61614 spend an average of 37 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in PEORIA, IL 61614?

Based on current inventory and days-on-market data as of March 2026, PEORIA, IL 61614 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 35 days last year.

How much can I save on real estate commission in PEORIA, IL?

With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61614 save an estimated $4,250 compared to a typical 5% commission on the median listing price of $212,475. 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.