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All market snapshots / 61614

Peoria, IL 61614 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Peoria, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 3333PendingPending sales: 55
Peoria, 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): $61k$61kSoldMedian sold price (last 6 months): $212k$212k
What homes actually sell for in Peoria, IL
Distribution of 273 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $160k to $280k
$76k to $130k: 28 sales$76k$130k to $185k: 63 sales63sales$185k to $240k: 63 sales$185k$240k to $294k: 46 sales$294k to $348k: 15 sales$294k$348k to $403k: 18 sales$403k to $458k: 8 sales$403k$458k to $512k: 5 salesMedian $212k

What the numbers say

As of October 26, 2026, Resideline is tracking 33 active listings and 5 pending sales in ZIP code 61614. That pending-to-active ratio of 0.15 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $60,527, while the median of the 273 closed sales Resideline tracked over the last six months was $212,500. 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 61614 for 57 days.

Frequently asked questions

What is the median home price in 61614?

The median closed sale price in Peoria, IL 61614 was $212,500 over the last six months, based on 273 closed sales tracked by Resideline. The middle half of those sales ranged from $160,000 to $280,000.

Is 61614 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 33 active listings in 61614, a pending-to-active ratio of 0.15. 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, 61614 is currently a faster-moving market.

Nearby ZIP code market data

Full Peoria, IL housing market report →

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