Market Intelligence · IL / Peoria
Peoria, IL 61602 Housing Market
In Peoria's 61602 ZIP, the typical home value is $118,857, down 16.7% over the past year. The median list price is $182,000, and homes have a median days on market of 46. There are 17 homes for sale.
The median home value in Peoria, IL 61602 is $119K as of August 2026, down 16.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.
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Typical 61602 range
$109K to $128K
This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.
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12-month value trend
-16.7% over 12 months
Aug 2025$143K
Low $119KHigh $143K
Aug 2026$119K