Housing in Pekin, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$140,000
Median List Price
$114,900
Price Per Sq Ft
$94
Days on Market
33
Active Inventory
46
Months of Supply
1.4
Seller's market
Zillow Home Value
$132,659
ZHVI — January 2026
Zillow Rent Index
$990
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
29.4%
Off Market in 2 Weeks
30.6%
Sale-to-List Ratio
97.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
34
New Listings
27
Pending Sales
49
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$94
Median List $/SF
$96
Pekin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Pekin is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$118,200
Median Rent
$792
Total Housing Units
14,733
Vacancy Rate
8.2%
Owner Occupied
66.8%
Renter Occupied
33.2%
Median Property Tax
$2,456
per year
Monthly Cost (w/ Mortgage)
$935
Housing Types
The current median sale price in Pekin, IL is $140,000 according to Redfin data. Homes spend a median of 33 days on the market. 29.4% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $94. Zillow's observed rent index is $990/month. About 66.8% of housing units are owner-occupied. The median year homes were built is 1962. There are 14,733 total housing units.