Peoria County, IL Home Values & Market Trends

The median home price in Peoria County, IL is $132,344.16. There were 3,931 home sales in Peoria County, IL over the past 12 months. The median residential Peoria County, IL home value for transactions over the previous year is $116,593.96. The number of current listings in Peoria County, IL is 275, and the percentage of properties for sale is 275.00%. The county has 376 foreclosures, 35 bank owned properties, 31 headed for auction, and 275 properties for sale.

Peoria County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Peoria

$ 117,725

$ 69/sqft

Princeville

$ 443,945

$ 108/sqft

Dunlap

$ 376,296

$ 103/sqft

Elmwood

$ 111,556

$ 84/sqft

Chillicothe

$ 91,892

$ 79/sqft

Edelstein

$ 258,322

$ 124/sqft

Peoria Heights

$ 75,333

$ 78/sqft

Glasford

$ 320,900

$ 88/sqft

Edwards

$ 306,595

$ 105/sqft

Trivoli

$ --

$ --

Mapleton

$ 263,553

$ 77/sqft

Mossville

$ --

$ --

Brimfield

$ 131,100

$ 75/sqft

Laura

$ --

$ --

Hanna City

$ 189,416

$ 82/sqft

Kingston Mines

$ --

$ --

Housing Market Summary for Peoria County, IL

Apr 2023March 2024Change
Median Listing Price$159.9K$115K-28.06%
Median Sold Price$111.7K$115K2.94%
Homes For Sale281276-1.78%
Homes Sold2,1641,909-11.78%
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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%.

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Browse Homes in Peoria County, IL

Peoria County, IL home values range from $12,506 to $9,712,996. Glasford is the priciest city with a median listing home price of $589,000, and Elmwood is most affordable with average house prices of around $104,950.

Foreclosure
There are 16 cities within Peoria County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $200,332 in Peoria to the lowest value of $18,850 in Peoria. Foreclosure homes account for 0.00% of properties in Peoria County, IL with Peoria containing 256 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.47% of all residential properties in Peoria County, IL with Peoria containing 211 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Peoria County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $663,419 in Trivoli to the lowest home value of $18,850 in Peoria.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Peoria County, IL ranges from the highest value of $269,803 in Dunlap to the lowest value of $28,750 in Peoria. Bank owned homes and properties account for 0.05% of properties in Peoria County, IL. There are 16 cities within Peoria County, IL; Peoria containing 22 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Peoria has 23 auction properties, the highest number of properties going to auction in a single city in the state of Peoria County, IL. Auction homes and other auction properties account for 0.05% of all properties in Peoria County, IL. There are 16 cities within Peoria County, IL; of those cities, the median estimated home value for homes going to auction ranges from $229,000 in Hanna City to the lowest value of $30,872 in Hanna City.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Peoria County, IL with Peoria containing 199 homes for sale, the highest number of listed properties in a single city. There are 16 cities within Peoria County, IL; homes for sale in those cities, have a range of median values from $320,900 in Glasford to the lowest value of $19,438 in Peoria.
    Sold Homes
    The median value for recently sold homes ranges from $193,752 in Trivoli to the lowest price of $17,355 in Trivoli. There are 16 cities within Peoria County, IL. Peoria has 1355 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.08% of properties in Peoria County, IL.

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      Guide for Peoria County, IL

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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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