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Featured local agent — Peoria Heights, IL
Sarah Mitchell
Compass Real Estate · Peoria Heights, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Peoria Heights, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$150,000median sale price
How is the Peoria Heights, IL housing market right now?
The median home sale price in Peoria Heights, IL is $150,000, up 16.3% year-over-year. Homes sell in an average of 38 days with 13 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 Peoria Heights a buyer's or seller's market?
Peoria Heights, IL is currently a seller's market, based on 1.1 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
38
Average pace
Active listings
13
1.1 months supply
Sale-to-list
95.5%
Below asking
What does the Peoria Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Median list price | $125,000 |
| Year-over-year price change | +16.3% |
| Average days on market | 38 days |
| Active inventory | 13 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $171/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 11 |
| Listings with a price cut | 46.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Peoria Heights by property type?
How the Peoria Heights, 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 | $136,000 | $157/sq ft | 11 | 27 days |
Source: Redfin · Updated monthly
The Peoria Heights housing market is currently classified as a seller's market with a median sale price of $150,000. Prices have risen 16.3% compared to last year, with homes spending an average of 38 days on market, indicating 1.1 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 2.0x provides context for how home values compare to local earning capacity.
Homes for sale in Peoria Heights
There are currently 13 homes listed for sale in Peoria Heights, Illinois. The median listing price is $125K.
Active listings
13
Homes on market
Median list price
$125K
Avg. days on market
38
Days until sale
New this week
11
Newly listed
Who lives in Peoria Heights?
Population
5,834
Median income
$62,083/yr
Median age
39.6 years
Owner-occupied
65.3%
College grads
27.0%
Avg commute
16.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Peoria Heights?
Zillow home value
$124,157
Price-to-income
2.0x
Source: Zillow Research
What is it like to live in Peoria Heights?
Peoria Heights is a community of approximately 6K residents with a median age of 39.6 years.The median household income is $62,083, which represents a working-class community with solid middle-income opportunities. 27.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Peoria Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Peoria Heights?
2 schools tracked · 727 students
The largest public schools serving Peoria Heights, 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.
Peoria Heights Grade School
Grades PK-8 · 524 students
Peoria Heights High School
Grades 9-12 · 203 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 Peoria Heights, IL?
Want a head-to-head view? Compare Peoria Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Peoria Heights?
The median home sale price in Peoria Heights is $150,000, up 16.3% from last year.
How long do homes stay on market in Peoria Heights?
Homes typically spend 38 days on market before going under contract.
What is the median income in Peoria Heights?
The median household income is $62,083 per year.
Is Peoria Heights a buyer's or seller's market?
With 1.1 months of supply, Peoria Heights is currently a seller's market.
What is the Zillow home value estimate for Peoria Heights?
The Zillow Home Value Index (ZHVI) for Peoria Heights is $124,157, representing the typical home value in the area.
How much does a single-family home cost in Peoria Heights?
The median single-family home price in Peoria Heights, IL is $136,000 (about $157 per square foot).
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