Market Intelligence · IL / Peoria

Peoria, IL 61614 Housing Market

The typical home value in Peoria's 61614 ZIP code is $207,083, up 7.0% over the past year. The median list price sits at $199,900, and homes are going under contract at a median of 24 days on market.

Updated June 2026Median value$207K

The median home value in Peoria, IL 61614 is $207K as of June 2026, up 7.0% 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 61614 range

$191K to $224K

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

+7.0% over 12 months

Typical home value in 61614 over the last 12 months: $194K in Jun 2025 to $207K in Jun 2026 (+7.0%).

Jun 2025$194K

Jun 2026$207K

The numbers

What is the 61614 housing market like?

Typical home value

$207K

Up7.0%YoY

Median list price

$200K

Days on market

24

Up140.0%MoM

Homes for sale

38

Price cuts

12.9%

New listings

50

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

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The comparison

How do 61614 home prices compare?

  • 61614$207,083
  • 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, 61614 in Peoria had 38 homes for sale, with 50 new listings coming to market. The median list price is $199,900, while the typical home value is $207,083, up 7.0% over the past year. Homes are moving at a median of 24 days on market, and 12.9% of listings have had a price cut. For sellers, this is a market where well-priced homes are still finding buyers at a reasonable pace.

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