Market Intelligence · IL / Peoria

Peoria, IL 61605 Housing Market

The typical home value in Peoria's 61605 ZIP code is $41,261, up 5.2% over the past year. The median list price is $49,900, and homes are taking a median of 100 days on the market.

Updated June 2026Median value$41K

The median home value in Peoria, IL 61605 is $41K as of June 2026, up 5.2% 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.

Get a cash offer

Sell without the wait

Sell your Peoria home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 61605 range

$38K to $45K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 61605 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Peoria, IL.

12-month value trend

+5.2% over 12 months

Typical home value in 61605 over the last 12 months: $39K in Jun 2025 to $41K in Jun 2026 (+5.2%).

Jun 2025$39K

Jun 2026$41K

The numbers

What is the 61605 housing market like?

Typical home value

$41K

Up5.2%YoY

Median list price

$50K

Days on market

100

Up92.3%MoM

Homes for sale

26

Price cuts

10.3%

New listings

10

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

Free home value report

See what your 61605 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 61605 home prices compare?

  • 61605$41,261
  • 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 were 26 homes for sale in 61605, with 10 new listings added. The median list price sat at $49,900, while the typical home value came in at $41,261, up 5.2% over the past year. With a median of 100 days on market, homes here are moving slowly. Sellers should plan for a longer timeline and price with the local pace in mind.

Monthly payment

Estimate your monthly payment.

20% · $8,252

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.