New listing
$26,900
2702 NE Madison Ave
Peoria, IL 61603
2 bd1 ba1,154 sqft
House3,920 sqft lot
Est. $46KSold 2005 for $30K
Adam Merrick · Adam Merrick Real Estate
More about this property
Peoria, IL Housing Market & Real Estate
Seller's market+13.1% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Peoria, IL is $151,000, up 13.1% year-over-year. Homes sell in an average of 49 days with 241 active listings. The market is currently a seller's market.
$151,000median sale price
Is Peoria a buyer's or seller's market?
Seller's market2.3 months of supply49 avg. days on market
Peoria, IL is currently a seller's market, based on 2.3 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
106
Last 12 weeks
Days on market
49
Average pace
Active listings
241
2.3 months supply
Sale-to-list
97.0%
Below asking
Peoria, IL market data
| Metric | Value |
|---|---|
| Median sale price | $151,000 |
| Median list price | $145,900 |
| Year-over-year price change | +13.1% |
| Average days on market | 49 days |
| Active inventory | 241 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 97.0% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Peoria housing market is currently classified as a seller's market with a median sale price of $151,000. Prices have risen 13.1% compared to last year, with homes spending an average of 49 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Peoria
There are currently 241 homes listed for sale in Peoria, Illinois. The median listing price is $146K. Featured listings range from $26,900 to $274,900.
New listing
$29,900
2514 NE Monroe St
Peoria, IL 61603
2 bd1 ba714 sqft
House6,098 sqft lot
Est. $43K
Adam Merrick · Adam Merrick Real Estate
More about this property
New listing
$34,900
1501 NE Madison Ave
Peoria, IL 61603
3 bd2 ba1,576 sqft
House3,049 sqft lot
Est. $51K
Adam Merrick · Adam Merrick Real Estate
More about this property
New listing
$35,000
3300 NE Madison Ave
Peoria, IL 61603
2 bd1 ba660 sqft
House3,920 sqft lot
Est. $48K
Adam Merrick · Adam Merrick Real Estate
More about this property
New listing
$44,900
3223 N Wisconsin Ave
Peoria, IL 61603
4 bd2 ba1,447 sqft
House7,841 sqft lot
Est. $93KSold 2012 for $30K
Adam Merrick · Adam Merrick Real Estate
More about this property
New listing
$49,900
3309 N Stanley St
Peoria, IL 61604
3 bd1 ba960 sqft
House6,534 sqft lot
Est. $71KSold 2006 for $55K
Adam Merrick · Adam Merrick Real Estate
More about this property
New listing
16
$59,000
804 NE Monroe St
Peoria, IL 61603
4 bd1 ba1,446 sqft
House
Est. $51KSold 2005 for $23K
Hannah Maloney · S & S Property Management
More about this property
New listing
27
$134,999
3510 N Elmcroft Ter
Peoria, IL 61604
3 bd1 ba1,092 sqft
House
Est. $128KSold 2015 for $72K
Joshua Abraham · eXp Realty
More about this property
New listing
$155,000
3510 N Kingston Dr Apt 27
Peoria, IL 61604
2 bd3 ba2,168 sqft
House1,742 sqft lot
Est. $135KSold 2021 for $120K
Mya Porter · eXp Realty
More about this property
New listing
2
$229,900
4800 W Middle Rd
Peoria, IL 61605
4 bd2 ba2,444 sqft
House30,056 sqft lot
Est. $158KSold 2005 for $130K
Sandy Salvati · eXp Realty
More about this property
New listing
47
$244,900
5006 N Edgebrook Dr
Peoria, IL 61614
4 bd2 ba2,116 sqft
House8,276 sqft lot
Est. $215KSold 2023 for $215K
Adam Merrick · Adam Merrick Real Estate
More about this property
New listing
46
$274,900
8109 S McCumber Rd
Peoria, IL 61607
3 bd1 ba1,938 sqft
House1.89 acres
Est. $286KSold 2008 for $118K
Ryan Tucker · Keller Williams Revolution
More about this property
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Active listings
241
Homes on market
Median list price
$146K
Avg. days on market
49
Days until sale
New this week
129
Newly listed
Price drops:28.6%of listings
Sale-to-list:97.0%
Top public schools in Peoria
47 schools tracked · 15,403 students
The largest public schools serving 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.
Richwoods High School
Grades 9-12 · 1,576 students
Peoria High School
Grades 9-12 · 1,483 students
Limestone Community High School
Grades 9-12 · 921 students
Lincoln School
Grades K-8 · 757 students
Manual High School
Grades 9-12 · 713 students
Glen Oak Comm Learning Cntr
Grades K-8 · 637 students
The Elise Ford Allen Academy
Grades K-8 · 624 students
Annie Jo Gordon Comm Lrning Cntr
Grades K-8 · 592 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in IL
Frequently asked questions
What is the average home price in Peoria?
The median home sale price in Peoria is $151,000, up 13.1% from last year.
How long do homes stay on market in Peoria?
Homes typically spend 49 days on market before going under contract.
Is Peoria a buyer's or seller's market?
With 2.3 months of supply, Peoria is currently a seller's market.
How many homes are for sale in Peoria?
There are currently 241 homes listed for sale in Peoria, IL.
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