Real Estate Market Update – Central HS Dist
November 2020

Let's take a look at the real estate market trends over the past six months in Peoria Central High School District. It includes all residential properties including single family and single family attached properties but does not include lots. 

Homes for Sale in Central High School District

There are currently (11/01/2020) 198 properties for sale. The average days on market is 128 and the median days on market is 76 days. The average list price is $97,866 and the median asking price is $74,900.

Homes that sold within the past 6 months

There have been 416 properties that have sold and closed within the last six months. The average original asking price was $92,143 and the final asking price (after price reductions) was $87,955. The average sales price was $84,298 so the final list price to sales price ratio was 96%. The median original asking price was $84,900 and the final median asking price was $79,900. The median sale price was $79,500 so the final median asking price to sales price ration was 99%.

The average days on market for sold properties was 68 days and the median days on market for sold properties was 31 days.

Homes that did not sell

There were 127 homes in the Peoria Central IL real estate market that were listed for sale that came off of the market without selling. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.