Peoria, IL—61614
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$204,000
7.8% YoY Growth
Household Income
$68,400
9.5% YoY Growth
Days on Market
24
8.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,180
7.7% YoY Growth
1-Bed Rent
$925
12.7% YoY Growth
2-Bed Rent
$1,050
0.0% YoY Growth
3-Bed Rent
$1,500
11.1% YoY Growth
Home Price Trends — Peoria, IL
As of May '26, the median home price in Peoria, IL is $204,000, with a year-over-year change of 7.8%. This indicates that home prices in Peoria, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | 7.8% |
| Single Family | $211,000 | 7.7% |
| Condos | $124,000 | 6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |