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Bevalon Edgewild Fairfax Addition Glencrest Hawley Hills Hawthorne Hills (Tanglewood) High Point Idyllbrook Kellar Heights Knoll Crest Knollls Lyndale Road North Prospect Northgate Northmoor Knolls Northmoore Hills Oakcliff Richwoods Knolls (Northmoor Estates) Rolling Acres Sherwood Forest Skyline Drive West Park Knolls Willow Knolls Willow Lake Village Windchime Woodbrook Manor

PEORIA, IL 61614

Real Estate Market Report  ·  Peoria County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61614

Bevalon · Edgewild · Fairfax Addition · Glencrest · Hawley Hills · Hawthorne Hills (Tanglewood) · High Point · Idyllbrook · Kellar Heights · Knoll Crest · Knollls · Lyndale Road · North Prospect · Northgate · Northmoor Knolls · Northmoore Hills · Oakcliff · Richwoods Knolls (Northmoor Estates) · Rolling Acres · Sherwood Forest · Skyline Drive · West Park Knolls · Willow Knolls · Willow Lake Village · Windchime · Woodbrook Manor

Market Analysis

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

The PEORIA, IL real estate market (61614) currently shows 68 active listings, with 32 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 58 days on market compared to 51 days last year.

The median listing price has risen 12.2% year-over-year, from $200,723 to $225,195.

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: 28,399  ·  Density: 911.7/mi²  ·  Median household income: $66,930

Typical home value: $168,072  ·  Homeownership: 61.4%

Market Overview

Active Listings
68
⇩ 8.1% vs 74 last year
Pending
32
47% pending ratio
Median Price
$225,195
⇧ 12.2% vs $200,723 last year
Average Price
$261,877
⇧ 20.3% vs $217,656 last year
Days on Market
58
⇧ 13.7% vs 51 days last year

Price Per Square Foot

Median $/sqft
$112
⇧ 6.7% vs $105/sqft last year
Median Home Size
1,952 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 74 last year
  • Days on market: 58 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $225,195 (+12.2% YoY)
  • Average: $261,877 (+20.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.2 miles — 350 listings ($85,974,215 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61614Peoria, IL 616140.0 mi68$17,002,516$214,945$250,037
61615Peoria, IL 616152.1 mi60$16,276,860$216,500$271,281
61606Peoria, IL 616064.1 mi21$2,803,836$129,900$133,516
61611East Peoria, IL 616114.9 mi45$9,720,450$165,000$216,010
61605Peoria, IL 616055.9 mi33$1,298,715$37,450$39,355
61525Dunlap, IL 615257.0 mi20$9,570,000$495,000$478,500
61607Peoria, IL 616079.9 mi23$4,215,440$192,450$183,280
61548Metamora, IL 6154810.6 mi15$6,107,865$360,000$407,191
61523Chillicothe, IL 6152311.6 mi31$6,020,665$159,450$194,215
61547Mapleton, IL 6154712.5 mi4$1,390,000$347,500$347,500
61550Morton, IL 6155013.4 mi26$10,358,868$269,900$398,418
61559Princeville, IL 6155914.3 mi2$799,000$399,500$399,500
61545Lowpoint, IL 6154515.2 mi2$410,000$205,000$205,000

Frequently Asked Questions

How many homes are for sale in PEORIA, IL 61614?

As of February 2026, there are 68 active listings in PEORIA, IL (zip code 61614), compared to 74 the prior year.

What is the median home price in PEORIA, IL 61614?

The median listing price in PEORIA, IL 61614 is $225,195 as of February 2026, a 12.2% increase from $200,723 the prior year.

How long do homes stay on the market in PEORIA, IL?

Homes in PEORIA, IL 61614 spend an average of 58 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in PEORIA, IL 61614?

Based on current inventory and days-on-market data as of February 2026, PEORIA, IL 61614 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 58 days on market compared to 51 days last year.

How much can I save on real estate commission in PEORIA, IL?

With SELL123.com's maximum 3% commission, sellers in PEORIA, IL 61614 save an estimated $4,504 compared to a typical 5% commission on the median listing price of $225,195. 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.