Is Peoria, IL 61615 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Peoria is a seller’s market. With about 1.3 months of supply and 43% 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.

Months of supply1.3Under 4 months = seller’s market
Sold above original list42.5%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$115▼ −7.4% vs. last year

Nearby markets

Brimfield 61517Seller’s market $138 /sq ftChillicothe 61523Seller’s market $125 /sq ftDunlap 61525Seller’s market $148 /sq ftEdelstein 61526Seller’s market $117 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology