Peoria, IL—61606
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$119,000
9.3% YoY Growth
Household Income
$41,000
12.4% YoY Growth
Days on Market
46
9.0% Longer YoY
Home Price Forecast
2.4%
Median Rent
$1,200
0.0% YoY Growth
1-Bed Rent
$800
14.5% YoY Growth
2-Bed Rent
$950
10.8% YoY Growth
3-Bed Rent
$1,250
22.1% YoY Growth
Home Price Trends — Peoria, IL
As of Dec '25, the median home price in Peoria, IL is $119,000, with a year-over-year change of 9.3%. This indicates that home prices in Peoria, IL are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $119,000 | 9.3% |
| Single Family | $118,000 | 9.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |