Zip 61605 (Peoria, IL) Housing

Housing in 61605 Peoria, IL is much more affordable than the US median at $57,200. In the last year it has appreciated by 11.29%, slightly higher than the national rate of 8.27%. This makes for an attractive opportunity for people looking to purchase a home due to its affordability and potential appreciation rate.

The median home cost in Peoria (zip 61605) is $57,200. Home appreciation the last 10 years has been 25.3%. Home Appreciation in Peoria (zip 61605) is up 13.3%.

Average Age of Homes

- The median age of Peoria (zip 61605) real estate is 71 years old

The Rental Market in Peoria (zip 61605)

- Renters make up 48.9% of the Peoria (zip 61605) population
- 3.4% of houses and apartments in Peoria (zip 61605), 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
	7,134.0	139,647,020.0
	71	42
	$57,200	$338,100
	13.3%	16.6%
	28.0%	57.0%
	25.3%	101.1%
	$24.67	$10.98
	$717	$2,690
	31.4%	57.4%
	19.1%	11.2%
	49.5%	31.4%
Vacant Housing
	3.4%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	14.7%	4.1%
Value of Owner-Occupied Housing
	16.2%	2.6%
	30.3%	2.4%
	24.1%	2.8%
	10.5%	3.9%
	3.0%	4.5%
	4.2%	11.3%
	4.8%	13.0%
	0.1%	20.1%
	0.2%	13.6%
	0.9%	8.3%
	5.1%	9.7%
	0.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	4.4%	13.6%
	4.5%	13.2%
	7.4%	14.8%
	4.4%	13.6%
	12.4%	10.0%
	8.3%	4.7%
	41.9%	12.2%

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