Zip 61615 (Peoria, IL) Housing

Housing in 61615 Peoria, IL is a great investment. The median value is $198,100, which is significantly lower than the US House Median Value of $338,100. On top of that, the 1 year House Appreciation in 61615 Peoria, IL has been 11.29%, much higher than the US 1 year House Appreciation of 8.27%. This means that if you invest in housing in this area, you can expect to see healthy returns for your money.

The median home cost in Peoria (zip 61615) is $198,100. Home appreciation the last 10 years has been 25.3%. Home Appreciation in Peoria (zip 61615) is up 13.3%.

Average Age of Homes

- The median age of Peoria (zip 61615) real estate is 35 years old

The Rental Market in Peoria (zip 61615)

- Renters make up 36.3% of the Peoria (zip 61615) population
- 1.2% of houses and apartments in Peoria (zip 61615), 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
	10,924.0	139,647,020.0
	36	42
	$198,100	$338,100
	13.3%	16.6%
	28.0%	57.0%
	25.3%	101.1%
	$29.19	$10.98
	$5,300	$2,690
	59.2%	57.4%
	7.1%	11.2%
	33.7%	31.4%
Vacant Housing
	1.2%	1.9%
	0.4%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.2%	2.4%
	1.0%	2.8%
	5.0%	3.9%
	7.0%	4.5%
	24.4%	11.3%
	16.1%	13.0%
	22.6%	20.1%
	12.2%	13.6%
	4.9%	8.3%
	3.5%	9.7%
	1.7%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.9%	13.6%
	22.9%	13.6%
	12.0%	13.6%
	9.9%	13.2%
	20.4%	14.8%
	12.0%	13.6%
	9.1%	10.0%
	2.5%	4.7%
	2.6%	12.2%

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