The story of this market
The typical home in ZIP 61614 sells for about $172,100, 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 $993 a month.
ZIP 61614 — Peoria
The housing market in 61614 remains competitive with steady demand and limited inventory, mirroring the broader Peoria market trends. Prices have seen modest year-over-year growth, driven by a stable local economy and consistent buyer interest in established residential neighborhoods.
This ZIP is well-suited for family buyers and professionals seeking proximity to the Peoria employment core, offering a balance of established housing stock and essential amenities.
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 4.7% · poverty 13.6% — a stable, low-distress profile.
ZCTA 61614, Peoria County IL
The area is served by Peoria Public Schools, which generally face regional challenges in performance metrics and accountability ratings.
The area benefits from proximity to major regional employers in the healthcare and manufacturing sectors, though new residential development is limited by the built-out nature of the ZIP.
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 enjoy short commute times to the Peoria employment core, averaging approximately 14 minutes.
The ZIP features access to local parks and green spaces, with proximity to shopping and dining districts along the North Prospect Road corridor.
The rental market is characterized by stable demand and moderate vacancy pressure, with a mix of single-family rentals and apartment complexes.
The local economy is anchored by major employers in healthcare, education, and manufacturing, reflecting the broader Peoria regional industry mix.
The area is served by a network of arterial roads providing efficient access to the Peoria metropolitan core and regional highway systems.
Development is primarily focused on infill projects and the revitalization of existing commercial corridors.
The Peoria County Supervisor of Assessments manages property valuations, utilizing a mass appraisal system to determine fair market value for tax purposes.
Parcels are subject to various taxing bodies, including school districts, community college districts, and municipal service districts.
Data retrieved from data.census.gov and GreatData.com.
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.
- The Putt Club East Peoria4.35.7 mi
- Elevate Trampoline Park4.52.7 mi
- Elevate Trampoline Park4.66.8 mi
- Kartville4.25.2 mi
- Chuck E. Cheese3.92.6 mi
- Peoria Civic Center4.25.1 mi
- Peoria Zoo4.33.6 mi
- Caterpillar Visitors Center4.75.3 mi
- Five Points Washington4.510 mi
- Kenny's Westside Pub4.55.1 mi
- Wildlife Prairie Park4.58.1 mi
- Peoria Zoo4.33.6 mi
- Peoria Riverfront Museum4.55.3 mi
- Detweiller Park4.72 mi
- AMC Grand Prairie 184.24.3 mi
- Peoria Riverfront Museum4.55.3 mi
- Caterpillar Visitors Center4.75.3 mi
- The Peoria PlayHouse4.63.7 mi
- Wheels O' Time Museum4.94.8 mi
- Soderstrom Castle4.62.3 mi
- Wildlife Prairie Park4.58.1 mi
- Detweiller Park4.72 mi
- Jubilee College State Park4.411.6 mi
- Luthy Botanical Garden4.63.4 mi
- Forest Park Nature Center4.81.3 mi
- EastPort Marina4.55.7 mi
- Illinois Valley Yacht & Canoe Club4.62.4 mi
- Pekin Boat Club4.313.5 mi
- National Marine Service & Rentals4.32.1 mi
- WeaverRidge Golf Club4.33.1 mi
- Metamora Fields Golf Club4.711.9 mi
- Pine Lakes Golf Club4.69.7 mi
- Coyote Creek Golf Club4.611.7 mi
- Quail Meadows Golf Course4.46.4 mi
- Northwoods Mall42.4 mi
- Hy-Vee Grocery Store4.41.9 mi
- Kohl's4.26.7 mi
- Hy-Vee Grocery Store4.54.4 mi
- The Shoppes at Grand Prairie4.24.1 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 and dining hub serving the northern Peoria area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.