The story of this market
The typical home in ZIP 61559 sells for about $148,000, or $109 per square foot.
Prices are up +2% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $931 a month.
ZIP 61559 — Princeville
The housing market in the Peoria area is currently competitive with modest year-over-year price growth. Figures provided reflect the broader Peoria metropolitan market as specific ZCTA-level data for 61559 is not currently published in the referenced sources.
Median prices moved up 2.0% year over year.
Homes spend a median of 22 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.6% · poverty 8.6% — a mixed stability profile.
ZIP code tabulation area 61559
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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.