The housing market in Peoria Heights, IL is incredibly attractive right now. Currently, the median value of homes in the city stands at $93,100 compared to the national median value of $338,100. In addition, houses in Peoria Heights have appreciated by 11.29% over the past year while the national average appreciation rate is 8.27%. This makes home buying or investing in Peoria Heights a great option for anyone looking to leverage the current market conditions.
The median home cost in Peoria Heights is $93,100. Home appreciation the last 10 years has been 25.3%. Home Appreciation in Peoria Heights is up 13.3%.
Average Age of Homes
- The median age of Peoria Heights real estate is 66 years old
The Rental Market in Peoria Heights
- Renters make up 32.8% of the Peoria Heights population
- 2.1% of houses and apartments in Peoria Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.