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Peoria

Why you'd want to live in Peoria

Peoria, Illinois, offers a compelling mix of urban amenities and small-town charm, making it an appealing destination for prospective residents. Situated along the Illinois River, Peoria boasts a rich history, vibrant cultural scene, and diverse economy. The city is home to a thriving arts community, with galleries, theaters, and music venues showcasing local talent. Residents enjoy a variety of recreational opportunities, from exploring the riverfront trails to attending sporting events or festivals throughout the year. Peoria's affordable cost of living, excellent healthcare facilities, and top-rated schools further enhance its appeal, making it an ideal choice for individuals and families seeking a dynamic yet accessible place to call home.

Peoria Market Report

$252,366

AVERAGE PRICE OF 600 HOMES

$2,066,981

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$438,863

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$606,392

AVERAGE PRICE OF 14 HOMES WITH A POOL

$172,460

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $252,366
Avg Bedrooms 2.5 beds
Avg Bathrooms 1.65 baths

Average Price by Bedrooms

1 bedroom $108,288
2 bedrooms $110,115
3 bedrooms $158,730
4 bedrooms $252,776
5 bedrooms $405,503
Peoria Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 541 513 507 501 467
Average Price $271,819 $269,215 $254,492 $258,837 $268,468
Avg Price Change +0.97% +5.79% -1.71% -3.72% -5.24%
Median Price $152,951 $151,516 $154,981 $150,062 $152,156
Med Price Change +0.95% -2.29% +3.28% -1.40% -1.80%
Avg Bedrooms 2.44 beds 2.43 beds 2.41 beds 2.45 beds 2.43 beds
Avg Bathrooms 1.59 baths 1.56 baths 1.58 baths 1.62 baths 1.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Peoria High 208 $114,259 69 days
Total Homes Average Price Avg Days on Site
All Homes 600 $252,366 117 days
Multi-Million Dollar Homes 20 $2,066,981 386 days
Newly Built Homes 27 $438,863 143 days
Homes with a Pool 14 $606,392 81 days
Reduced Price Homes 23 $172,460 30 days
Realty Executives Acclaimed
4450 N Prospect Rd s6
Peoria Heights, IL 61616
309-760-0700
Carolyn Catton: 309-696-0761
Gopi Kancherla: 309-645-8385
Kim Reed: 309-645-8385

Based on information submitted to the MLS GRID as of November 18, 2025 5 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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