Housing · Peotone
Peotone, IL housing market
The typical Peotone home is worth about $342,000, up 3.4% in a year, 15% above the Illinois typical home.
Home values, sales, trends and how Peotone compares with the towns next door — updated as new data is published.
The market right now
Peotone at a glance
Typical home value
$342K
▲ 3.4% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
PeotoneIllinois
Show as a table
| January | Peotone | Illinois |
|---|---|---|
| 2017 | $213,000 | $181,000 |
| 2018 | $214,000 | $190,000 |
| 2019 | $218,000 | $195,000 |
| 2020 | $226,000 | $200,000 |
| 2021 | $240,000 | $215,000 |
| 2022 | $262,000 | $236,000 |
| 2023 | $275,000 | $248,000 |
| 2024 | $303,000 | $263,000 |
| 2025 | $322,000 | $278,000 |
| 2026 | $342,000 | $290,000 |
| August 2026 | $342,000 | $298,000 |
Affordability
4.2 years of income
The typical Peotone home costs about 4.2 years of the town's median household income, more than across Illinois (3.6 years).
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
70.4%
Illinois: 67.1%
Median tax bill
$4,340
Illinois: $5,298
Median rent
$986
Illinois: $1,274
Typical home built
1975
Illinois: 1971
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. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.