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Ancient Oaks Briardale Chadwick Place Charter Oak Village Crab Orchard Deerbrook Joeanne Manor Lexington Ridge Lynnhurst Oakbrook Village Grande Vinton Highlands Williamsburg Yorkshire Village

PEORIA, IL 61615

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61615

Ancient Oaks · Briardale · Chadwick Place · Charter Oak Village · Crab Orchard · Deerbrook · Joeanne Manor · Lexington Ridge · Lynnhurst · Oakbrook · Village Grande · Vinton Highlands · Williamsburg · Yorkshire Village

Market Analysis

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

The PEORIA, IL real estate market (61615) currently shows 87 active listings, with 45 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33 days on market compared to 46 days last year.

The median listing price has fallen 9.6% year-over-year, from $333,700 to $301,825.

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.

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Market Context

Market Context

Population: 23,167  ·  Density: 302.0/mi²  ·  Median household income: $81,890

Typical home value: $203,057  ·  Homeownership: 62.3%

Market Overview

Active Listings
87
⇧ 4.8% vs 83 last year
Pending
45
52% pending ratio
Median Price
$301,825
⇩ 9.6% vs $333,700 last year
Average Price
$354,425
⇩ 3.9% vs $368,971 last year
Days on Market
33
⇩ 28.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$120
vs $120/sqft last year
Median Home Size
2,716 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 87 this year vs 83 last year
  • Days on market: 33 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $301,825 (-9.6% YoY)
  • Average: $354,425 (-3.9% 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 15.8 miles — 366 listings ($95,592,467 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61615Peoria, IL 616150.0 mi60$17,586,780$257,175$293,113
61616Peoria Heights, IL 616163.9 mi15$5,039,580$200,400$335,972
61525Dunlap, IL 615255.1 mi21$9,397,836$419,900$447,516
61603Peoria, IL 616035.6 mi48$4,160,928$61,975$86,686
61611East Peoria, IL 616116.9 mi53$12,598,365$177,450$237,705
61605Peoria, IL 616057.2 mi38$1,708,556$39,900$44,962
61526Edelstein, IL 6152610.2 mi2$1,294,450$647,225$647,225
61523Chillicothe, IL 6152310.7 mi35$7,038,640$140,950$201,104
61548Metamora, IL 6154811.6 mi14$6,404,552$467,450$457,468
61571Washington, IL 6157112.1 mi42$14,188,062$263,675$337,811
61547Mapleton, IL 6154713.1 mi6$1,948,428$288,175$324,738
61550Morton, IL 6155015.4 mi31$13,627,290$316,150$439,590
61545Lowpoint, IL 6154515.8 mi1$599,000$599,000$599,000

Frequently Asked Questions

How many homes are for sale in PEORIA, IL 61615?

As of June 2026, there are 87 active listings in PEORIA, IL (zip code 61615), compared to 83 the prior year.

What is the median home price in PEORIA, IL 61615?

The median listing price in PEORIA, IL 61615 is $301,825 as of June 2026, a 9.6% decrease from $333,700 the prior year.

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

Homes in PEORIA, IL 61615 spend an average of 33 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in PEORIA, IL 61615?

Based on current inventory and days-on-market data as of June 2026, PEORIA, IL 61615 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 46 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 61615 save an estimated $6,037 compared to a typical 5% commission on the median listing price of $301,825. 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.