Peoria County, IL Housing

The housing market in Peoria, IL County is strong with a median home value of $136,800. The US median home value of $338,100 puts this county substantially lower than the national average. However, the one year house appreciation rate in Peoria is 10.49%, higher than the 8.27% national average which indicates that housing values are growing at a faster rate in Peoria than in the rest of the country. This strong appreciation could make it an attractive location for potential homeowners and investors alike.

The median home cost in Peoria County is $136,800. Home appreciation the last 10 years has been 25.6%. Home Appreciation in Peoria County is up 11.8%.

Average Age of Homes

- The median age of Peoria County real estate is 54 years old

The Rental Market in Peoria County

- Renters make up 31.8% of the Peoria County population
- 2.7% of houses and apartments in Peoria County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Peoria, Illinois	United States
	84,914.0	139,647,020.0
	57	42
	$136,800	$338,100
	11.8%	16.6%
	26.8%	57.0%
	25.6%	101.1%
	$24.67	$10.98
	$3,281	$2,690
	58.3%	57.4%
	11.3%	11.2%
	30.5%	31.4%
Vacant Housing
	2.7%	1.9%
	0.2%	0.4%
	1.2%	0.7%
	0.3%	0.4%
	0.6%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	4.2%	2.4%
	5.7%	2.8%
	9.6%	3.9%
	12.2%	4.5%
	22.4%	11.3%
	15.1%	13.0%
	15.9%	20.1%
	6.6%	13.6%
	2.3%	8.3%
	2.8%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.8%	13.6%
	9.8%	13.6%
	7.9%	13.6%
	6.4%	13.2%
	15.2%	14.8%
	7.9%	13.6%
	14.2%	10.0%
	7.9%	4.7%
	22.3%	12.2%

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