Peoria, IL housing market
The typical Peoria home is worth about $138,000, up 5.6% in a year, 54% below the Illinois typical home. Homes typically sell in 15 days, close to asking.
Home values, sales, trends and how Peoria compares with the towns next door — updated as new data is published.
Peoria at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Peoria | Illinois |
|---|---|---|
| 2017 | $86,000 | $181,000 |
| 2018 | $86,000 | $190,000 |
| 2019 | $84,000 | $195,000 |
| 2020 | $84,000 | $200,000 |
| 2021 | $90,000 | $215,000 |
| 2022 | $100,000 | $236,000 |
| 2023 | $107,000 | $248,000 |
| 2024 | $116,000 | $263,000 |
| 2025 | $126,000 | $278,000 |
| 2026 | $136,000 | $290,000 |
| August 2026 | $138,000 | $298,000 |
Peoria and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Peoria | $138K | +5.6% | 15 | $59,410 |
| Peoria Heights | $125K | +6.9% | 38 | $60,099 |
| West Peoria | $119K | +5.5% | 17 | $66,098 |
| Spring Bay | $136K | +15% | — | $75,846 |
| Creve Coeur | $109K | +5.2% | — | $47,993 |
2.3 years of income
The typical Peoria home costs about 2.3 years of the town's median household income, less than across Illinois (3.6 years).
How Peoria ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.