Data as of February 2026. Source: Realtor.com.
The PEORIA, IL real estate market (61607) currently shows 29 active listings, with 15 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 42 days on market compared to 46 days last year.
The median listing price has risen 27.5% year-over-year, from $149,000 to $189,950.
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: 10,522 · Density: 120.7/mi² · Median household income: $73,442
Typical home value: $155,791 · Homeownership: 86.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61607 | Peoria, IL 61607 | 0.0 mi | 23 | $4,215,440 | $192,450 | $183,280 |
| 61605 | Peoria, IL 61605 | 4.3 mi | 33 | $1,298,715 | $37,450 | $39,355 |
| 61604 | Peoria, IL 61604 | 5.6 mi | 113 | $11,580,579 | $94,900 | $102,483 |
| 61606 | Peoria, IL 61606 | 6.3 mi | 21 | $2,803,836 | $129,900 | $133,516 |
| 61536 | Hanna City, IL 61536 | 6.8 mi | 8 | $1,281,832 | $140,000 | $160,229 |
| 61603 | Peoria, IL 61603 | 8.2 mi | 57 | $4,862,670 | $64,000 | $85,310 |
| 61535 | Groveland, IL 61535 | 9.1 mi | 2 | $235,000 | $117,500 | $117,500 |
| 61611 | East Peoria, IL 61611 | 9.8 mi | 45 | $9,720,450 | $165,000 | $216,010 |
| 61616 | Peoria Heights, IL 61616 | 10.1 mi | 14 | $5,599,538 | $269,000 | $399,967 |
| 61615 | Peoria, IL 61615 | 10.9 mi | 60 | $16,276,860 | $216,500 | $271,281 |
| 61550 | Morton, IL 61550 | 13.0 mi | 26 | $10,358,868 | $269,900 | $398,418 |
| 61568 | Tremont, IL 61568 | 13.9 mi | 7 | $1,545,369 | $222,500 | $220,767 |
| 61534 | Green Valley, IL 61534 | 14.8 mi | 3 | $644,700 | $214,900 | $214,900 |
As of February 2026, there are 29 active listings in PEORIA, IL (zip code 61607), compared to 21 the prior year.
The median listing price in PEORIA, IL 61607 is $189,950 as of February 2026, a 27.5% increase from $149,000 the prior year.
Homes in PEORIA, IL 61607 spend an average of 42 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PEORIA, IL 61607 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61607 save an estimated $3,799 compared to a typical 5% commission on the median listing price of $189,950. 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.