Market Intelligence · IL / Peoria

Peoria, IL 61604 Housing Market

The typical home value in Peoria's 61604 ZIP code is $114,667, up 6.6% over the past year. The median list price sits at $112,500, and homes are taking a median of 45 days to sell as of June 1, 2026.

Updated June 2026Median value$115K

The median home value in Peoria, IL 61604 is $115K as of June 2026, up 6.6% 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 61604 range

$105K to $124K

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

+6.6% over 12 months

Typical home value in 61604 over the last 12 months: $108K in Jun 2025 to $115K in Jun 2026 (+6.6%).

Jun 2025$108K

Jun 2026$115K

The numbers

What is the 61604 housing market like?

Typical home value

$115K

Up6.6%YoY

Median list price

$113K

Days on market

45

Up55.2%MoM

Homes for sale

56

Price cuts

15.7%

New listings

46

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 61604 home prices compare?

  • 61604$114,667
  • Peoria$123,059
  • Illinois$196,082
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Peoria: 8 ZIPs; Illinois: 1,083 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 56 homes for sale in 61604, with 46 new listings arriving recently. The median list price is $112,500, and the typical home value is $114,667, up 6.6% over the past year. Homes are spending a median of 45 days on the market, and 15.7% of listings have had a price cut. For sellers, the data points to a market with steady value growth but properties that may need patience and realistic pricing to move.

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