Illinois Waterway Project Office · Photo: Grogan, Brian · Public domain1,710 homes sold in Peoria in the last year, at a typical $159K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Peoria homes are listed.
Every place Peoria homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Peoria.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
9% of Peoria’s sales are condos, at $7K less than a house
1479 houses and 160 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 1479 sold in 12 months
- Per square foot
- $95IL $180
- Days to sell
- 23
- Sold over asking
- 30%
- Listings with a price cut
- 32%
typical sale · 160 sold in 12 months
- Per square foot
- $109IL $251
- Days to sell
- 31
- Sold over asking
- 18%
- Listings with a price cut
- 26%
Multi-family (2–4 units): 54 sold, typical $146K
Townhouses: 17 sold, typical $202K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.3 times the 2016 price
1,710 sales in the last year, against 2,395 in 2021 and a low of 1,533 in 2017. The typical sale went from $118K in 2016 to $159K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Peoria
Check a listing against what Peoria homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Peoria are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Peoria’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,710 sales.
If you’re buying in Peoria
- Shop in March. It brings about 169 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Offer under asking. Buyers paid 97.6% of the list price on average; 28% paid over.
- You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 24 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 204 a month), and the most competition: 23% close over asking. March and April offer nearly as much choice with fewer homes bid up (15%). January has the least competition (10%) but only about 110 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Peoria now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 28% | 7% | 20% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 2% | 2% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 97.6% | 94.2% | 96.8% | 99.2% |
| Days to sellMedian days from listing to contract | 24 | 148 | 76 | 49 |
282 homes for sale on a typical day
That’s 1.2 times the 2023 low (242), 68% fewer than in 2017–19 and well under 2017’s 940.
1 in 3 listings has cut its price
30% in the last year, against — in 2017–19 and 19% across Illinois.
Since 2019, houses are up 40%, condos 32%
A house typically sold for $162K in the last year (1479 sales), a condo for $155K (160).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Peoria ranks 270th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Peoria is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Peoria home costs about $1,145 a month
Price: Peoria’s typical sale, last 12 months. Property tax at Peoria’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Peoria is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 91.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $159K home, about $3,770 a year.
Taxes vs. neighborsSchools
The schools grade for Peoria, from test results, graduation and how much students grow.
Schools in PeoriaCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
West Peoria and Creve Coeur sell for less a square foot; Peoria Heights for far more
The busier markets within 25 miles of Peoria, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Peoria | 1,710 | $159K | $96 | 28% | 24 |
| East Peoria | 294 | $178K | $117 | 45% | 14 |
| Bartonville | 104 | $139K | $98 | 43% | 20 |
| Peoria Heights | 98 | $141K | $129 | 26% | 28 |
| West Peoria | 85 | $119K | $86 | 44% | 25 |
| Creve Coeur | 77 | $114K | $88 | 39% | 31 |
| Dunlap | 31 | $233K | $108 | 19% | 30 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Peoria, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Peoria. People who follow the town see it, and so do people comparing Peoria with their own town. No commission, no listing fee.
Questions about buying a home in Peoria
What do homes sell for in Peoria, IL?
1,710 homes sold in the year to May 2026 at a typical $159K, $96 a square foot. Houses sold for about $162K, condos for about $155K.
Is Peoria a buyer’s or seller’s market?
A seller’s market: 251 homes were for sale in May 2026 and 151 sold, about 1.7 months of supply. Buyers paid 97.6% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Peoria?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Peoria?
About 2.4% of a home’s value a year. On a $159K home that’s near $3,770.
Where can I see homes for sale in Peoria?
Zillow, Redfin, Realtor.com and Homes.com all carry Peoria’s MLS listings; the search links above open each one filtered to Peoria.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).