Peoria, IL Home Values (2026)
The median home value in Peoria is about $121,000 (~$76/sq ft) — 58% more affordable than the typical U.S. home. Below: how Peoria compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Peoria?
Here’s what the numbers say about housing costs in Peoria. A typical home runs about $121,000, which is 58% more affordable than the national median and 38% more affordable than the Illinois average. At roughly $76 per square foot, a median budget here buys you around 1,590 sq ft of home.
Prices swing a lot by neighborhood: across Peoria’s 7 ZIP codes, the most affordable is 61605 (~$41,000) and the priciest is 61615 (~$254,000) — roughly a 6.2× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Peoria home value by size
Using the local rate of about $76 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $76,000 |
| 1,500 sq ft | $114,000 |
| 2,000 sq ft | $152,000 |
| 2,500 sq ft | $190,000 |
| 3,000 sq ft | $228,000 |
Estimate your specific home in Peoria
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Peoria, IL
Typical value and price per square foot for each Peoria ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 61615 | $254,000 | $125 |
| 61614 | $204,000 | $116 |
| 61606 | $127,000 | $74 |
| 61602 | $121,000 | $136 |
| 61604 | $113,000 | $76 |
| 61603 | $66,000 | $53 |
| 61605 | $41,000 | $50 |
Grow your home’s value in Peoria
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Peoria stacks up against other Illinois cities on the Illinois home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.