Real Estate Market Trends for Peoria and Surrounding Communities

Let’s take a year to date view (as of March 31, 2021) of the real estate market for Peoria IL and all surrounding communities as a whole.

There have been an average of 1,155 homes for sale in 2020, which is 46.5% less than the 2,158 homes for sale in 2019 and 50.2% less than the 2,321 homes for sale in 2018.

1,340 homes have sold this year, which is 15.8% more than the 1,157 homes sold in 2019 and 33.7% more than the 1,002 homes sold in 2018.

The average sales price this year of $140,616 is 5.9% more than the 2019 average selling price of $132,825 and 10.2% more than the average sales price of $127,618 in 2018.

The average days that sold homes were on the market in 2020 is 61, which is 30.7% less than the 88 days on market in 2019 and 29.1% less than the 86 days on market in 2018.

While it’s nice to see what the market is doing as a whole, the real estate market is very different in each community and price range around the Peoria, IL area. If you are thinking about buying or selling a home, it is important to understand what the real estate market is doing in the specific area(s) that you will be buying or selling in.  

Each month, the Rodgers Real Estate Group creates updated real estate market trend reports for Bartonville, Chillicothe, Dunlap, East Peoria, Metamora, Morton, Peoria and Washington. Click on one or more of the towns below to view a real estate market trend update specific to your preferred area(s).

Bartonville Real Estate
Market Update

Learn more about the Bartonville 

real estate market

Chillicothe Real Estate
Market Update

Learn more about the Chillicothe

real estate market

Dunlap Real Estate
Market Update

Learn more about the Dunlap

real estate market

East Peoria Real Estate
Market Update

Learn more about the East Peoria

real estate market

Metamora Real Estate
Market Update

Learn more about the Metamora 

real estate market

Morton Real Estate
Market Update

Learn more about the Morton

real estate market

Peoria Real Estate
 Market Update

Learn more about the Peoria 

real estate market

Real Estate Market Update for Homes in Central HS Dist 

Learn more about the real estate market in

Peoria Central High School District.

Real Estate Market Update for Homes in Richwoods HS District

Learn more about the real estate market in

Richwoods High School District

Washington Real Estate
Market Update

Learn more about the Washington

real estate market