East Peoria, IL Home Values & Market Trends
Real estate market trends reflect that there have been 459 transactions over the past year in East Peoria. The median value for residential home transactions that occurred over the previous year is $164,496.98. The number of current listings in East Peoria is 37, and the percentage of properties for sale in the city is 37.00%. East Peoria, IL currently has 29 properties in foreclosure, 3 bank owned properties, 5 properties headed for auction, and 37 properties for sale.
East Peoria, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61611 | $ 151,742 $ 99/sqft |
Housing Market Summary for East Peoria, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $163.4K | $141.2K | -13.60% |
| Median Sold Price | $0 | $141.2K | - |
| Homes For Sale | 34 | 29 | -14.71% |
| Homes Sold | 0 | 217 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in East Peoria, IL
Browse Homes in East Peoria, IL
East Peoria home values range from $20,234 to $1,205,371. The median estimated value of a home in East Peoria is $164,496.98. The median list price of a home is 169,900, and the total count of properties in the city is 9,778.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in East Peoria, IL with 61611 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within East Peoria, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $335,250 in 61611 to the lowest home value of $36,287 in 61611.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in East Peoria, IL ranges from the highest value of $173,393 in 61611 to the lowest value of $83,283 in 61611. Bank owned homes and properties account for 0.03% of properties in East Peoria, IL. There is 1 zips within East Peoria, IL; 61611 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61611 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of East Peoria, IL. Auction homes and other auction properties account for 0.05% of all properties in East Peoria, IL. There is 1 zips within East Peoria, IL; of that zips, the median estimated home value for homes going to auction ranges from $294,453 in 61611 to the lowest value of $64,935 in 61611.
Compare Nearby Cities
More Real Estate Resources for East Peoria, IL
Guide for East Peoria, IL
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
