Is Pekin, IL 61554 a buyer’s or seller’s market?
Pekin is a seller’s market. With about 1.3 months of supply and 46% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score87/ 100
More competitive than 92% of U.S. ZIP codes, and #33 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.3Under 4 months = seller’s market
Sold above original list46.1%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$107▲ +4.2% vs. last year
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Nearby markets
Armington 61721 — /sq ftCreve Coeur 61610Seller’s market $102 /sq ftDeer Creek 61733Seller’s market $113 /sq ftDelavan 61734Seller’s market $100 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology