The story of this market
The typical home in ZIP 61561 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 $1,162 a month.
ZIP 61561 — Roanoke
The housing market in 61561 remains stable with modest price appreciation and low inventory levels. Demand is driven by buyers seeking affordability and a small-town environment within commuting distance of the Peoria metro area. The market is currently favoring sellers due to the limited supply of available homes.
This ZIP is ideal for families and professionals seeking a quiet, small-town lifestyle while maintaining access to the Peoria employment hub.
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 2.8% · poverty 4.5% — 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 4.3%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61561, Woodford County IL
Roanoke generally experiences low crime rates consistent with small-town Illinois, remaining significantly safer than the nearby Peoria urban core.
The area is served by Roanoke-Benson CUSD 60, which is generally regarded for its small class sizes and community-focused educational environment.
The region faces standard Midwestern risks including severe thunderstorms and occasional wind events, with minimal flood risk outside of specific low-lying creek areas.
Economic momentum is tied to the broader Peoria metro area, with local growth driven by agricultural support services and small-scale residential development.
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 primarily commute by car to Peoria or Bloomington-Normal, with typical drive times ranging from 25 to 40 minutes via state highways.
Local amenities include Roanoke Park and proximity to regional outdoor recreation, with basic shopping and dining available within the village center.
The rental market is characterized by low inventory and steady demand from local workers, with limited short-term rental presence.
The economy is anchored by the Peoria metro area, with major employment sectors including manufacturing, healthcare, and education.
Transportation is heavily reliant on private vehicles, with access to I-74 and I-39 providing regional connectivity.
Development is primarily focused on modest residential infill and maintenance of existing infrastructure.
Parcels are subject to Roanoke-Benson CUSD 60 and Woodford County taxing authorities.
Property insurance premiums are stable, reflecting the area's low-hazard profile compared to coastal regions.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 61561.
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.
- Roc Ice Cream and Golf4.518.7 mi
- Peoria Zoo4.319.3 mi
- Five Points Washington4.512.6 mi
- Oliver's In the Heights4.218.8 mi
- Mt Hawley Bowl4.319.9 mi
- The Barn III4.912.3 mi
- Black Partridge Park4.78.4 mi
- Washington Park District4.411.8 mi
- Harry Lahood Park4.512.8 mi
- The Peoria PlayHouse4.619.4 mi
- Soderstrom Castle4.618.2 mi
- Black Partridge Park4.78.4 mi
- Harry Lahood Park4.512.8 mi
- EastPort Marina4.518.7 mi
- Illinois Valley Yacht & Canoe Club4.617.8 mi
- National Marine Service & Rentals4.317.9 mi
- Metamora Fields Golf Club4.77.7 mi
- El Paso Antique Mall4.611.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community green space with playground and picnic facilities.
Primary venue for local youth and high school sports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.