Peoria, IL Real Estate Market Summary – September 7, 2026
In Peoria, IL, the overall market saw 144 transactions in the last 30 days, with an average of 4.8 homes changing hands each day. The typical home had a living area of about 1,997 square feet and was built around 1961, spending approximately 14 days on the market before being purchased.
| Metric | 30 Days |
|---|---|
| Number Sold | 144 |
| Sold Per Day | 4.80 |
| Average SQFT | 1997 |
| Median Sales Price | $184,500 |
| Average Sales Price | $206,355 |
| Average Price Per SQFT | $100 |
| Average Days on Market | 14 |
| Average Year Built | 1961 |
Peoria, IL Single Family Home Analysis
The single-family home sector had 131 transactions, with an average daily volume of 4.37 homes sold. The average living area for these homes was about 2,068 square feet, and they typically sold for around $213,613 after about 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 131 |
| Sold Per Day | 4.37 |
| Average SQFT | 2068 |
| Median Sales Price | $185,000 |
| Average Sales Price | $213,613 |
| Average Price Per SQFT | $100 |
| Average Days on Market | 15 |
| Average Year Built | 1959 |
Peoria, IL Condo & Townhome Analysis
In the condo and townhome segment, there were 10 transactions, reflecting a pace of 1 every 3.00 days. These homes averaged 1,213 square feet in living area and had a median sale price of $98,700, with an average time on the market of about 12 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 10 |
| Sold Per Day | 1 every 3.00 days |
| Average SQFT | 1213 |
| Median Sales Price | $98,700 |
| Average Sales Price | $124,180 |
| Average Price Per SQFT | $99 |
| Average Days on Market | 12 |
| Average Year Built | 1983 |
Buyer & Seller Analysis
- An average of 4.8 homes sold per day overall.
- Single-family homes sold in about 15 days on average.
- Condo and townhome sales occurred every 3 days on average.
- Average sale price for single-family homes was approximately $213,613.
Conclusion
Overall, the data indicates consistent activity within the Peoria housing market, particularly in the single-family segment, which made up the bulk of transactions.