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Pekin, IL 61554 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Pekin, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 3434PendingPending sales: 33
Pekin, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $145k$145kSoldMedian sold price (last 6 months): $145k$145k
What homes actually sell for in Pekin, IL
Distribution of 372 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $105k to $215k
$44k to $85k: 44 sales$44k$85k to $125k: 74 sales$125k to $165k: 89 sales89sales$125k$165k to $205k: 44 sales$205k to $245k: 31 sales$205k$245k to $285k: 30 sales$285k to $325k: 11 sales$285k$325k to $365k: 9 salesMedian $145k

What the numbers say

As of October 26, 2026, Resideline is tracking 34 active listings and 3 pending sales in ZIP code 61554. That pending-to-active ratio of 0.09 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $145,450, while the median of the 372 closed sales Resideline tracked over the last six months was $145,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 61554 for 83 days.

Frequently asked questions

What is the median home price in 61554?

The median closed sale price in Pekin, IL 61554 was $145,000 over the last six months, based on 372 closed sales tracked by Resideline. The middle half of those sales ranged from $105,000 to $215,000.

Is 61554 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 34 active listings in 61554, a pending-to-active ratio of 0.09. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 61554 is currently a typical-pace market.

Nearby ZIP code market data

Full Pekin, IL housing market report →

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