Housing in Peoria, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$138,500
Median List Price
$149,900
Price Per Sq Ft
$90
Days on Market
40
Active Inventory
248
Months of Supply
2.2
Seller's market
Zillow Home Value
$126,819
ZHVI — January 2026
Zillow Rent Index
$1,160
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
17.0%
Off Market in 2 Weeks
35.3%
Sale-to-List Ratio
94.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
112
New Listings
100
Pending Sales
122
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$90
Median List $/SF
$93
Peoria vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Peoria 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
$149,500
Median Rent
$951
Total Housing Units
54,526
Vacancy Rate
10.2%
Owner Occupied
58.2%
Renter Occupied
41.8%
Median Property Tax
$3,596
per year
Monthly Cost (w/ Mortgage)
$1,089
Housing Types
The current median sale price in Peoria, IL is $138,500 according to Redfin data. Homes spend a median of 40 days on the market. 17.0% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $90. Zillow's observed rent index is $1,160/month. About 58.2% of housing units are owner-occupied. The median year homes were built is 1966. There are 54,526 total housing units.