Peoria, IL Housing Market
$138,052
5.6% 1-yrThe average Peoria, IL home value is $138,052, up 5.6% over the past year, and homes go to pending in around 7 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Peoria Key Takeaways
Typical Home Values: $138,052
1-Year Value Change: +5.6%
(Data through August 31, 2026)
Peoria Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Peoria Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Peoria, IL?
The median home value in Peoria, IL is $138,052 as of August 2026. This represents a 0.5% increase compared to last month and a 5.6% increase year-over-year.
How have home values changed in Peoria, IL?
Home values in Peoria, IL have increased by 0.5% month-over-month and 5.6% year-over-year.
How do home values in Peoria, IL compare to Peoria County, Illinois, and the national average?
The median home value in Peoria, IL ($138,052) compares to: Peoria County ($167,339), Illinois ($297,573), and the U.S. national median ($368,697).
