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City / Town Overview

Peoria, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Peoria, IL real estate market currently shows 399 active listings, with 139 pending sales. Homes are averaging 71.1 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71.1 days on market compared to 59.3 days last year.

The median listing price has risen 17.7% year-over-year, from $127,532 to $150,113.

Whether you are buying or selling in Peoria, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 128,405  ·  Density: 871.1/mi²  ·  Median household income: $56,860

Typical home value: $130,342  ·  Homeownership: 59%

Included Areas

Peoria: 61601, 61602, 61604, 61605, 61606, 61607, 61612, 61614, 61615, 61625, 61629, 61630

North Valley: 61603

Metro West: 61613

Area Map

Market Overview

Active Listings
399
⇧ 2.8% vs 388 last year
Pending
139
35% pending ratio
Median Price
$150,113
⇧ 17.7% vs $127,532 last year
Average Price
$166,937
⇧ 11.7% vs $149,444 last year
Days on Market
71.1
⇧ 19.9% vs 59 days last year

Price Per Square Foot

Median $/sqft
$89
⇧ 8.1% vs $83/sqft last year
Median Home Size
1,532 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %