The Unshakable Investor

Unshakable ZIP Data 61606 | Peoria, IL Housing Market

Peoria · Peoria County · Peoria, IL metro · Illinois · Data updated June 19, 2026

The median sale price in ZIP 61606, Peoria, Illinois is $121,964 at $58 per square foot. 29 single-family homes sold in the latest period, down 7.0 percent from a year earlier. Homes sit a median of 41 days on market with 2.0 months of supply. Sellers are getting 93.5 percent of list price and 17.9 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$126,464
Average price per sq ft$60
Median sale price$121,964
Median sale price per sq ft$58
Median home size2,105 sq ft
Median new listing price$148,629-15.1%
National size rank11,156

Sales activity

MetricValueYear over year
Homes sold29-7.0%
Median days on market41 days
Months of supply2.0 months
New listings30+12.8%
Active listings54+1.3%
Pending sales29-8.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio93.5%-2.3 pts
Share sold above list17.9%+8.2 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$74,999
3-bedroom
$115,279
4-bedroom
$142,023
5-bedroom
$174,610

These figures describe the single-family market for Peoria, Illinois ZIP 61606. They are market context, not a substitute for sold comps or a formal appraisal.