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Featured local agent — East Peoria, IL
Sarah Mitchell
Compass Real Estate · East Peoria, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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East Peoria, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$171,250median sale price
How is the East Peoria, IL housing market right now?
The median home sale price in East Peoria, IL is $171,250, down 14.4% year-over-year. Homes sell in an average of 19 days with 31 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is East Peoria a buyer's or seller's market?
East Peoria, IL is currently a seller's market, based on 0.9 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
34
Last 12 weeks
Days on market
19
Fast-moving
Active listings
31
0.9 months supply
Sale-to-list
99.9%
Below asking
What does the East Peoria housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $171,250 |
| Median list price | $207,500 |
| Year-over-year price change | -14.4% |
| Average days on market | 19 days |
| Active inventory | 31 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $125/sq ft |
| Homes sold (latest month) | 34 |
| New listings (latest month) | 38 |
| Listings with a price cut | 38.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in East Peoria by property type?
How the East Peoria, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $126/sq ft | 33 | 19 days |
| Condo / Co-op | $200,000 | $153/sq ft | 1 | 2 days |
| Townhouse | $320,000 | $138/sq ft | 1 | 273 days |
Source: Redfin · Updated monthly
The East Peoria housing market is currently classified as a seller's market with a median sale price of $171,250. Prices have fallen 14.4% compared to last year, with homes spending an average of 19 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.6x provides context for how home values compare to local earning capacity.
Homes for sale in East Peoria
There are currently 31 homes listed for sale in East Peoria, Illinois. The median listing price is $208K.
Active listings
31
Homes on market
Median list price
$208K
Avg. days on market
19
Days until sale
New this week
38
Newly listed
Who lives in East Peoria?
Population
22,485
Median income
$71,763/yr
Median age
42.4 years
Owner-occupied
75.5%
College grads
26.8%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What are homes worth in East Peoria?
Zillow home value
$186,699
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in East Peoria?
East Peoria is a community of approximately 22K residents with a median age of 42.4 years.The median household income is $71,763, which represents a working-class community with solid middle-income opportunities. 26.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, East Peoria offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve East Peoria?
11 schools tracked · 2,664 students
The largest public schools serving East Peoria, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
East Peoria High School
Grades 9-12 · 870 students
Central Jr High School
Grades 6-8 · 426 students
Riverview Elem School
Grades PK-8 · 216 students
Don D Shute Elem School
Grades PK-2 · 212 students
Woodrow Wilson Elem School
Grades PK-2 · 192 students
Armstrong-Oakview Elem School
Grades K-2 · 161 students
Glendale Elem School
Grades 3-5 · 155 students
Robein Elem School
Grades K-8 · 154 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near East Peoria, IL?
Want a head-to-head view? Compare East Peoria side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in East Peoria?
The median home sale price in East Peoria is $171,250, down 14.4% from last year.
How long do homes stay on market in East Peoria?
Homes typically spend 19 days on market before going under contract.
What is the median income in East Peoria?
The median household income is $71,763 per year.
Is East Peoria a buyer's or seller's market?
With 0.9 months of supply, East Peoria is currently a seller's market.
What is the Zillow home value estimate for East Peoria?
The Zillow Home Value Index (ZHVI) for East Peoria is $186,699, representing the typical home value in the area.
What is the median condo price in East Peoria?
The median condo/co-op sale price in East Peoria, IL is $200,000, compared to $180,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in East Peoria?
The median single-family home price in East Peoria, IL is $180,000 (about $126 per square foot).
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