Peoria, IL Housing Market
The Peoria housing market is very competitive. The median sale price of a home in Peoria was $158K last month, up 12.5% since last year. The median sale price per square foot in Peoria is $92, up 11.5% since last year.
Peoria Housing Market Trends
In May 2024, Peoria home prices were up 12.5% compared to last year, selling for a median price of $158K. On average, homes in Peoria sell after 21 days on the market compared to 17 days last year. There were 195 homes sold in May this year, up from 184 last year.
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How hot is the Peoria housing market?
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 20 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
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 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 10 days.
- Hot homescan sell for about 4% above list price and go pending in around 3 days.
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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for around list price and go pending in around 5 days.
- Hot homescan sell for about 4% above list price and go pending in around 2 days.
Peoria Migration & Relocation Trends
Home offer insights for Peoria
Recent offers
View houses in Peoria that sold recently
Recently sold homes
- $75,000 Last Sold Price2 beds1 bath768 sq ft403 E Embert Pl, Peoria, IL 61603List Price$75,000Sale to List0% over listDays on Market68 days403 E Embert Pl, Peoria, IL 61603
- $35,000 Last Sold Price2 beds1 bath912 sq ft2307 N Atlantic Ave, Peoria, IL 61603List Price$35,000Sale to List0% over listDays on Market7 days2307 N Atlantic Ave, Peoria, IL 61603
- $327,000 Last Sold Price3 beds2.5 baths2,407 sq ft10713 N Glenfield Dr, Dunlap, IL 61525List Price$298,000Sale to List10% over listDays on Market64 days10713 N Glenfield Dr, Dunlap, IL 61525
- $190,000 Last Sold Price3 beds2 baths1,604 sq ft1319 W Barker Ave, Peoria, IL 61606List Price$174,900Sale to List9% over listDays on Market30 days1319 W Barker Ave, Peoria, IL 61606
- $327,500 Last Sold Price3 beds3 baths3,625 sq ft7117 Willow Bend Pointe #30, Peoria, IL 61614List Price$324,900Sale to List1% over listDays on Market41 days7117 Willow Bend Pointe #30, Peoria, IL 61614
- $113,500 Last Sold Price3 beds1.5 baths1,439 sq ft906 E Seneca Pl, Peoria, IL 61603List Price$99,900Sale to List14% over listDays on Market37 days906 E Seneca Pl, Peoria, IL 61603
- $280,000 Last Sold Price3 beds3 baths2,326 sq ft7408 N Brittany Park Pl #8, Peoria, IL 61614List Price$269,900Sale to List4% over listDays on Market35 days7408 N Brittany Park Pl #8, Peoria, IL 61614
- $30,000 Last Sold Price4 beds1.5 baths1,104 sq ft2303 NE Madison Ave, Peoria, IL 61603List Price$40,000Sale to List25% under listDays on Market104 days2303 NE Madison Ave, Peoria, IL 61603
See all recently sold homes in Peoria.
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Schools in Peoria
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Washington Gifted School Public • 5-8 | 298 Students | 10 reviews |
7/10 Wilder-Waite Elementary School Public • K-5 | 372 Students | 4 reviews |
7/10 Banner Elementary School Public • K-5 | 338 Students | 6 reviews |
7/10 Kellar Primary School Public • K-4 | 329 Students | 8 reviews |
7/10 Norwood Elementary School Public • 5-8 | 186 Students | 5 reviews |
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.
Flood Factor - Moderate
Flood Factor
![flood factor score logo](https://ssl.cdn-redfin.com/v526.2.0/images/riskFactor/regional/flood-2.png)
Fire Factor - Moderate
Fire Factor
![fire factor score logo](https://ssl.cdn-redfin.com/v526.2.0/images/riskFactor/regional/fire-2.png)
Wind Factor - Minor
Wind Factor
![wind factor score logo](https://ssl.cdn-redfin.com/v526.2.0/images/riskFactor/regional/wind-1.png)
Heat Factor - Moderate
Heat Factor
![heat factor score logo](https://ssl.cdn-redfin.com/v526.2.0/images/riskFactor/regional/heat-2.png)
Transportation in Peoria
Walk Score®
Bike Score®
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