The Peoria housing market is somewhat competitive. The median sale price of a home in Peoria was $123K last month, up 20.7% since last year. The median sale price per square foot in Peoria is $84, up 13.5% since last year.
In March 2024, Peoria home prices were up 20.7% compared to last year, selling for a median price of $123K. On average, homes in Peoria sell after 23 days on the market compared to 31 days last year. There were 141 homes sold in March this year, down from 146 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$122,500
+20.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Peoria, IL
$122,500
+20.7%
United States
To compare other locations to the Peoria and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Peoria's median sale price is 70% lower than the national average. Overall cost of living in Peoria is 12% lower than the national average. Learn which home features in Peoria add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Peoria housing market?
Peoria is somewhat competitive. Homes sell in 34 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Washington Gifted School
Public • 5-8
302
Students
10 reviews
8/10
Monroe Elementary School
Public • K-8
315
Students
1 reviews
8/10
Hickory Grove Elementary School
Public • PreK-5
755
Students
8 reviews
7/10
Wilder-Waite Elementary School
Public • K-5
361
Students
4 reviews
7/10
Charles A Lindbergh Middle School
Public • 5-8
230
Students
6 reviews
Only showing 5 of
39 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Peoria housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Peoria.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Peoria has a moderate risk of flooding. 2,573 properties in Peoria are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Peoria. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
Peoria has a moderate risk of wildfire. There are 2,033 properties in Peoria that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in Peoria.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Peoria has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Peoria is most at risk from hurricanes. 46,405 properties in Peoria have some risk of being in a severe wind event within the next 30 years.