Peoria, IL 61603 Real Estate & Property Data

Peoria, IL 61603 Real Estate Market Trends
Last Updated: December 11, 2023

A total of 406 residential properties have been sold over the past 12 months in 61603. With a median sales price of $95,000 in 61603 and a total of 1 foreclosures in Peoria, IL 61603. Discover market trends and get the granular level real estate data for Peoria, IL 61603 to keep your pulse on the housing market. Curate compelling home reports for Peoria, IL 61603 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Peoria, IL 61603 Real Estate Market Trends
Total Residential Properties 6,469
Total Commercial Properties 504
Avg. Home Age (Single Family Home) 91 Years
Avg. Square Feet (Single Family Home) 1,258
Total 2023 Residential Sales (year-to-date) 317
% of Homes Seriously Underwater (Q4 2023) 2.8%
Total 2022 Residential Sales 457
% of Equity Rich Homes (Q4 2023) 18.88%
Effective 2022 Property Tax 2.02%
Total Foreclosure Filings (year-to-date) 45
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Peoria, IL 61603 Real Estate Overview

There were 406 residential properties sold in the past year in Peoria, IL 61603. The median home value in Peoria, IL 61603 is $47,828. There are a total of 6,469 residential properties in the 61603.

Median Sales Price i
$95,000
(Oct 2023)
+31%
year-over-year
y-o-y
  • October '23 Oct '23 $95,000
  • September '23 Sep '23 $41,400
  • August '23 Aug '23 $75,800
  • July '23 Jul '23 $67,390
  • June '23 Jun '23 $87,250
  • May '23 May '23 $79,500
  • April '23 Apr '23 $117,500
  • March '23 Mar '23 $79,900
  • February '23 Feb '23 $57,450
  • January '23 Jan '23 $96,000
  • December '22 Dec '22 $85,000
  • November '22 Nov '22 $75,000
Median Down Payment i
$3,288
(Oct 2023)
-9.9%
year-over-year
y-o-y
  • October '23 Oct '23 $3,288
  • September '23 Sep '23 $2,475
  • August '23 Aug '23 $7,812
  • July '23 Jul '23 $11,275
  • June '23 Jun '23 $5,100
  • May '23 May '23 $11,500
  • April '23 Apr '23 $4,047
  • March '23 Mar '23 $9,550
  • February '23 Feb '23 $7,980
  • January '23 Jan '23 $3,480
  • December '22 Dec '22 $4,400
  • November '22 Nov '22 $5,875
Number of Homes Sold i
27
(Oct 2023)
year-over-year
y-o-y
  • October '23 Oct '23 27
  • September '23 Sep '23 30
  • August '23 Aug '23 37
  • July '23 Jul '23 23
  • June '23 Jun '23 28
  • May '23 May '23 37
  • April '23 Apr '23 25
  • March '23 Mar '23 43
  • February '23 Feb '23 25
  • January '23 Jan '23 42
  • December '22 Dec '22 36
  • November '22 Nov '22 26
Number of Purchase Loans i
20
(Oct 2023)
+81.8%
year-over-year
y-o-y
  • October '23 Oct '23 20
  • September '23 Sep '23 12
  • August '23 Aug '23 15
  • July '23 Jul '23 10
  • June '23 Jun '23 9
  • May '23 May '23 18
  • April '23 Apr '23 8
  • March '23 Mar '23 11
  • February '23 Feb '23 10
  • January '23 Jan '23 9
  • December '22 Dec '22 28
  • November '22 Nov '22 10
Number of REFI Loans i
2
(Oct 2023)
-95.6%
year-over-year
y-o-y
  • October '23 Oct '23 2
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 2
  • June '23 Jun '23 13
  • May '23 May '23 17
  • April '23 Apr '23 10
  • March '23 Mar '23 4
  • February '23 Feb '23 3
  • January '23 Jan '23 3
  • December '22 Dec '22 5
  • November '22 Nov '22 7
Number of HELOC Loans i
1
(Oct 2023)
-75%
year-over-year
y-o-y
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 8
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 4
  • February '23 Feb '23 3
  • January '23 Jan '23 1
  • December '22 Dec '22 3
  • November '22 Nov '22 5

Peoria, IL 61603 Foreclosure Activity

There were a total of 1 Peoria, IL 61603 properties with a foreclosure filing in October 2023.

Total Foreclosure Filings i
1
(Oct 2023)
-50%
year-over-year
y-o-y
  • October '23 Oct '23 1
  • September '23 Sep '23 7
  • August '23 Aug '23 8
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 4
  • April '23 Apr '23 5
  • March '23 Mar '23 6
  • February '23 Feb '23 6
  • January '23 Jan '23 1
  • December '22 Dec '22 3
  • November '22 Nov '22 3
Foreclosure Starts i
1
(Oct 2023)
-50%
year-over-year
y-o-y
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 7
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 2
  • February '23 Feb '23 4
  • January '23 Jan '23 1
  • December '22 Dec '22 N/A
  • November '22 Nov '22 1
Completed Foreclosures (REOs) i
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
  • February '23 Feb '23 2
  • January '23 Jan '23 1
  • December '22 Dec '22 N/A
  • November '22 Nov '22 1
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