61604 Home Values & Market Trends

There are 51 homes currently listed for 61604. 61604 real estate market trends show that home prices range from $10,000 to $199,900, and the median sales price in the 61604 zip code is $86,128.27. The total number of properties sold within the past twelve months is 725. In 61604, 82 properties are in foreclosure, 11 are bank owned properties,and 6 are headed for auction.

61604 Real Estate Market Overview

CityMedian Est. Value
Peoria

$ 123,734

$ 72/sqft

Housing Market Summary for 61604

Apr 2023March 2024Change
Median Listing Price$82,500$80,386-2.56%
Median Sold Price$81,605$80,386-1.49%
Homes For Sale405025.00%
Homes Sold392336-14.29%
Price
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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 61604

The median list price of a home in Peoria, is $86,128.27. A total of 51 properties are for sale, and the percentage of properties for sale in the zip code is 51.00%. The total count of 61604 properties is 10,718.

Foreclosure
There is 1 cities within 61604; within this cities, the median estimated home value for homes in foreclosure ranges from $663,419 in peoria to the lowest value of $18,850 in peoria. Foreclosure homes account for 0.00% of properties in 61604 with peoria containing 260 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.61% of all residential properties in 61604 with peoria containing 215 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61604; of that cities, the estimated home value for pre-foreclosure homes ranges from $663,419 in peoria to the lowest home value of $18,850 in peoria.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61604 ranges from the highest value of $269,803 in peoria to the lowest value of $28,750 in peoria. Bank owned homes and properties account for 0.10% of properties in 61604. There is 1 cities within 61604; peoria containing 23 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    peoria has 22 auction properties, the highest number of properties going to auction in a single city in the state of 61604. Auction homes and other auction properties account for 0.06% of all properties in 61604. There is 1 cities within 61604; of that cities, the median estimated home value for homes going to auction ranges from $194,948 in peoria to the lowest value of $30,872 in peoria.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in 61604 with peoria containing 204 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61604; homes for sale in that cities, have a range of median values from $1,402,582 in peoria to the lowest value of $19,438 in peoria.
    Sold Homes
    The median value for recently sold homes ranges from $1,657,711 in peoria to the lowest price of $17,355 in peoria. There is 1 cities within 61604. peoria has 1386 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.23% of properties in 61604.

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      Guide for 61604

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

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

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.