The story of this market
The typical home in ZIP 61555 sells for about $136,960, or $107 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 90 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 61555 — Pekin
The Peoria housing market shows steady appreciation with a 5.9% year-over-year increase in home values. While inventory remains available, the market is characterized by moderate days on market and a consistent demand for affordable housing options. Figures are based on ZCTA-level data where available, supplemented by Peoria County and CBSA-level metrics.
Median prices moved up 5.9% year over year.
Homes spend a median of 90 days on market with 16.1 months of supply — a slower-moving market.
31% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 12.0% — 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 3.8%/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 1.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61555, 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 ZCTA profiles and Peoria County aggregate data.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.