The story of this market
The typical home in ZIP 61529 sells for about $182,500, or $109 per square foot.
Prices are up +4.3% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $753 a month.
ZIP 61529 — Elmwood
The Peoria market shows steady demand with a median sale price of $182,500 and a high sale-to-list ratio of 99.6%. Low inventory levels continue to drive competition, keeping the market seller-leaning despite modest year-over-year price growth.
Median prices moved up 4.3% year over year.
Homes spend a median of 35 days on market with 1.1 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 99.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.8% · poverty 8.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 61529, Peoria County IL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Data retrieved from US Census Bureau ACS profiles for Peoria County, IL.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.