Data as of February 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61602) currently shows 24 active listings, with 1 pending sales. Homes are averaging 129 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 129 days on market compared to 123 days last year.
The median listing price has risen 68.9% year-over-year, from $127,300 to $214,975.
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.
Population: 862 · Density: 298.6/mi² · Median household income: $20,000
Typical home value: $236,156 · Homeownership: 16.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61602 | Peoria, IL 61602 | 0.0 mi | 23 | $5,049,443 | $212,450 | $219,541 |
| 61605 | Peoria, IL 61605 | 1.6 mi | 33 | $1,298,715 | $37,450 | $39,355 |
| 61603 | Peoria, IL 61603 | 2.7 mi | 57 | $4,862,670 | $64,000 | $85,310 |
| 61611 | East Peoria, IL 61611 | 4.2 mi | 45 | $9,720,450 | $165,000 | $216,010 |
| 61614 | Peoria, IL 61614 | 5.4 mi | 68 | $17,002,516 | $214,945 | $250,037 |
| 61615 | Peoria, IL 61615 | 7.1 mi | 60 | $16,276,860 | $216,500 | $271,281 |
| 61547 | Mapleton, IL 61547 | 8.6 mi | 4 | $1,390,000 | $347,500 | $347,500 |
| 61554 | Pekin, IL 61554 | 9.4 mi | 113 | $20,078,631 | $129,900 | $177,687 |
| 61571 | Washington, IL 61571 | 9.6 mi | 38 | $11,983,870 | $219,900 | $315,365 |
| 61525 | Dunlap, IL 61525 | 12.1 mi | 20 | $9,570,000 | $495,000 | $478,500 |
| 61564 | South Pekin, IL 61564 | 12.8 mi | 3 | $182,850 | $60,950 | $60,950 |
| 61568 | Tremont, IL 61568 | 13.8 mi | 7 | $1,545,369 | $222,500 | $220,767 |
| 61569 | Trivoli, IL 61569 | 15.2 mi | 1 | $229,900 | $229,900 | $229,900 |
As of February 2026, there are 24 active listings in PEORIA, IL (zip code 61602), compared to 19 the prior year.
The median listing price in PEORIA, IL 61602 is $214,975 as of February 2026, a 68.9% increase from $127,300 the prior year.
Homes in PEORIA, IL 61602 spend an average of 129 days on the market before going under contract, compared to 123 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PEORIA, IL 61602 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 129 days on market compared to 123 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61602 save an estimated $4,300 compared to a typical 5% commission on the median listing price of $214,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.