The story of this market
The typical home in ZIP 61625 sells for about $147,911, 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 $1,050 a month.
ZIP 61625 — Peoria
The Peoria housing market remains competitive with low inventory and steady demand, driving modest price appreciation. While the market is more affordable than national averages, it faces constraints from limited supply and a stable but slow-growth economic environment.
This area is well-suited for first-time homebuyers, families seeking affordable housing, and investors looking for stable rental demand in a mid-sized Midwestern city.
Median prices moved up 2.0% year over year.
Homes spend a median of 22 days on market with 0.7 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 6.6% · poverty 100.0% — a mixed stability 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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61625, Peoria County, Illinois
Peoria serves as a regional hub with a diverse economy anchored by major employers in manufacturing and healthcare, though it faces long-term population stabilization challenges.
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.
The area features access to the Illinois River waterfront, local parks, and a variety of cultural and dining amenities within the city limits.
The rental market in Peoria is characterized by high demand for affordable housing, with a significant portion of the housing stock utilized by long-term residents and a growing interest from investors seeking yield in lower-cost markets.
Peoria's economy is historically driven by heavy manufacturing and healthcare, with major employers including Caterpillar Inc. and OSF HealthCare.
The city is served by a network of highways and local transit services, facilitating regional connectivity within the Peoria metropolitan area.
Data retrieved from US Census Bureau and Zips.us.com profiles.
- The Putt Club East Peoria4.32 mi
- Elevate Trampoline Park4.56.9 mi
- Elevate Trampoline Park4.62.7 mi
- Kartville4.21.5 mi
- Chuck E. Cheese3.93.2 mi
- Peoria Civic Center4.21.2 mi
- Peoria Zoo4.32.6 mi
- Caterpillar Visitors Center4.71.5 mi
- Five Points Washington4.510.1 mi
- Kenny's Westside Pub4.51.3 mi
- Wildlife Prairie Park4.57.4 mi
- Peoria Zoo4.32.6 mi
- Peoria Riverfront Museum4.51.5 mi
- Detweiller Park4.76.9 mi
- AMC Grand Prairie 184.26.8 mi
- Peoria Riverfront Museum4.51.5 mi
- Caterpillar Visitors Center4.71.5 mi
- The Peoria PlayHouse4.62.6 mi
- Wheels O' Time Museum4.99.5 mi
- Soderstrom Castle4.64.3 mi
- Wildlife Prairie Park4.57.4 mi
- Detweiller Park4.76.9 mi
- Luthy Botanical Garden4.62.6 mi
- Forest Park Nature Center4.84.7 mi
- Glen Oak Park4.52.5 mi
- EastPort Marina4.53.7 mi
- Illinois Valley Yacht & Canoe Club4.64.7 mi
- Pekin Boat Club4.38.6 mi
- National Marine Service & Rentals4.34.9 mi
- WeaverRidge Golf Club4.34.1 mi
- Coyote Creek Golf Club4.67.4 mi
- Pine Lakes Golf Club4.68.2 mi
- Quail Meadows Golf Course4.45.9 mi
- Newman Golf Course41.1 mi
- Northwoods Mall43.1 mi
- Hy-Vee Grocery Store4.43 mi
- Kohl's4.22.7 mi
- Hy-Vee Grocery Store4.56.7 mi
- The Shoppes at Grand Prairie4.26.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional waterway providing recreational opportunities and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.