The story of this market
The typical home in ZIP 61536 sells for about $142,500, or $107 per square foot.
Prices are up +8.9% from a year ago, so sellers still have some momentum. Homes take about 6 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,174 a month.
ZIP 61536 — Hanna City
The housing market in ZIP 61536 remains stable, characterized by low inventory and quick sales, reflecting the broader strength of the Peoria metro area. Prices have seen modest year-over-year growth, supported by steady demand from local buyers. The market is currently in a seller-friendly position due to limited supply.
This area is well-suited for families and commuters seeking a quieter, suburban-to-rural lifestyle while maintaining proximity to the employment and service hubs of Peoria.
Median prices moved up 8.9% year over year.
Homes spend a median of 6 days on market with 3.2 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 99.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 4.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61536, Peoria County IL
The area is served by local districts within the Peoria metro region, generally characterized by stable performance metrics consistent with regional averages.
The region faces standard Midwestern climate risks, including seasonal severe weather and potential flood-plain considerations near local waterways.
Economic momentum is tied to the broader Peoria metro area, which features a mix of manufacturing, healthcare, and education sectors as primary employers.
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.
Residents typically face a commute of approximately 25 minutes, primarily via personal vehicle toward the Peoria employment core.
The area offers access to local parks and green spaces typical of the rural-suburban interface, with broader shopping and dining amenities located within a short drive in Peoria.
The rental market is characterized by steady demand and moderate vacancy pressure, with rents trending upward in line with the broader Peoria metro area.
The economy is anchored by the Peoria metro area, with major sectors including healthcare, manufacturing, and education driving local employment.
Transportation is primarily automobile-dependent, with access to regional highway corridors connecting to the broader Peoria metro area.
Development is largely focused on residential infill and maintenance of existing infrastructure within the suburban-rural transition zone.
The Peoria County assessment office manages property valuations, utilizing standard Illinois assessment cycles and equalization factors.
Parcels are subject to local school district, county, and municipal tax levies, with potential for specific utility or fire protection district assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and storm risk common to Central Illinois.
Illinois is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Illinois law requires sellers to provide a residential real property disclosure report detailing the condition of the property.
Data retrieved from Census Reporter and ACS 5-year profiles for ZCTA 61536.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides essential green space and outdoor recreation for residents.
Major retail and dining hubs located within a short driving distance.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.