Market Intelligence · IL / Peoria

Peoria, IL 61615 Housing Market

The typical home in Peoria's 61615 ZIP code is worth $257,955, up 8.1% over the past year. The median list price is $301,825, and homes are taking a median of 33 days on market.

Updated June 2026Median value$258K

The median home value in Peoria, IL 61615 is $258K as of June 2026, up 8.1% 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 61615 range

$237K to $279K

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

+8.1% over 12 months

Typical home value in 61615 over the last 12 months: $239K in Jun 2025 to $258K in Jun 2026 (+8.1%).

Jun 2025$239K

Jun 2026$258K

The numbers

What is the 61615 housing market like?

Typical home value

$258K

Up8.1%YoY

Median list price

$302K

Days on market

33

Up57.1%MoM

Homes for sale

42

Price cuts

18.1%

New listings

30

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

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The comparison

How do 61615 home prices compare?

  • 61615$257,955
  • 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 42 homes for sale in 61615, with 30 new listings added. The typical home value stands at $257,955, up 8.1% over the past year, while the median list price is $301,825. Homes are spending a median of 33 days on market, and 18.1% of listings have had a price cut. For sellers, the numbers point to a market with steady demand, though pricing carefully still matters.

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