The story of this market
The typical home in ZIP 61613 sells for about $121,000, or $109 per square foot.
Prices are down 9.9% from a year ago, which gives buyers more room to negotiate. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 61613 — Peoria
The Peoria housing market is experiencing a cooling phase with median home values declining by nearly 10% year-over-year. High inventory levels relative to sales volume and shifting economic conditions are driving this downward price pressure. Market activity remains moderate, but buyers are finding more leverage than in previous quarters.
Median prices moved down 9.9% year over year.
Homes spend a median of 22 days on market with 4.5 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 16.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 61613, 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 aggregated from ZCTA-level census profiles and Peoria city-wide reporting.
- The Putt Club East Peoria4.33.2 mi
- Elevate Trampoline Park4.55.5 mi
- Elevate Trampoline Park4.64.3 mi
- Kartville4.24.4 mi
- Chuck E. Cheese3.93.4 mi
- Peoria Civic Center4.22.9 mi
- Peoria Zoo4.30.9 mi
- Caterpillar Visitors Center4.72.9 mi
- Five Points Washington4.57.9 mi
- Kenny's Westside Pub4.52.8 mi
- Wildlife Prairie Park4.59.3 mi
- Peoria Zoo4.30.9 mi
- Peoria Riverfront Museum4.53 mi
- Detweiller Park4.74.4 mi
- AMC Grand Prairie 184.26.7 mi
- Peoria Riverfront Museum4.53 mi
- Caterpillar Visitors Center4.72.9 mi
- The Peoria PlayHouse4.61 mi
- Wheels O' Time Museum4.97.6 mi
- Soderstrom Castle4.61.1 mi
- Wildlife Prairie Park4.59.3 mi
- Detweiller Park4.74.4 mi
- Luthy Botanical Garden4.60.8 mi
- Forest Park Nature Center4.81.9 mi
- Glen Oak Park4.51 mi
- EastPort Marina4.52.8 mi
- Illinois Valley Yacht & Canoe Club4.61.5 mi
- Pekin Boat Club4.311.5 mi
- National Marine Service & Rentals4.31.8 mi
- Metamora Fields Golf Club4.711.2 mi
- WeaverRidge Golf Club4.34.5 mi
- Coyote Creek Golf Club4.610.7 mi
- Pine Lakes Golf Club4.67 mi
- Quail Meadows Golf Course4.43.8 mi
- Northwoods Mall43.2 mi
- Hy-Vee Grocery Store4.41.9 mi
- Kohl's4.24.1 mi
- Hy-Vee Grocery Store4.56.7 mi
- The Shoppes at Grand Prairie4.26.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major retail anchor serving the 61613 area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.