Zip 61614 (Peoria, IL) Housing

In Peoria, IL (zip code 61614), the median value of housing is $162,400. This is lower than the US median value of $338,100. In the past year, however, housing appreciation in Peoria has been higher than the national average at 11.29%, versus 8.27% across the US as a whole. This indicates that Peoria is an attractive location for prospective home buyers looking to invest in property which may appreciate over time.

The median home cost in Peoria (zip 61614) is $162,400. Home appreciation the last 10 years has been 25.3%. Home Appreciation in Peoria (zip 61614) is up 13.3%.

Average Age of Homes

- The median age of Peoria (zip 61614) real estate is 49 years old

The Rental Market in Peoria (zip 61614)

- Renters make up 33.9% of the Peoria (zip 61614) population
- 4.5% of houses and apartments in Peoria (zip 61614), 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
	14,346.0	139,647,020.0
	51	42
	$162,400	$338,100
	13.3%	16.6%
	28.0%	57.0%
	25.3%	101.1%
	$27.12	$10.98
	$4,079	$2,690
	56.2%	57.4%
	8.5%	11.2%
	35.4%	31.4%
Vacant Housing
	4.5%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.8%	2.4%
	1.6%	2.8%
	7.2%	3.9%
	10.0%	4.5%
	29.4%	11.3%
	23.9%	13.0%
	20.2%	20.1%
	3.6%	13.6%
	1.7%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	11.0%	13.6%
	9.3%	13.2%
	22.0%	14.8%
	11.0%	13.6%
	18.2%	10.0%
	4.6%	4.7%
	3.4%	12.2%

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