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Peoria, IL 61607 Real Estate & Property Data

Peoria, IL 61607 Real Estate Market Trends

Last Updated: April 26, 2024

A total of 220 residential properties have been sold over the past 12 months in 61607. With a median sales price of $193,000 in 61607 and a total of 3 foreclosures in Peoria, IL 61607. Discover market trends and get the granular level real estate data for Peoria, IL 61607 to keep your pulse on the housing market. Curate compelling home reports for Peoria, IL 61607 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Peoria, IL 61607 Real Estate Market Trends

Get property data for any address in Peoria, IL 61607 or the country:

Total Residential Properties 4,681

Total Commercial Properties 296

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 1,388

Total 2024 Residential Sales (year-to-date) 21

% of Homes Seriously Underwater (Q2 2024) 1.85%

Total 2023 Residential Sales 210

% of Equity Rich Homes (Q2 2024) 30.91%

Effective 2023 Property Tax 2.26%

Total Foreclosure Filings (year-to-date) 6

Peoria, IL 61607 Real Estate Overview

There were 220 residential properties sold in the past year in Peoria, IL 61607. The median home value in Peoria, IL 61607 is $137,924. There are a total of 4,681 residential properties in the 61607.

Median Sales Price i

$193,000

(Feb 2024)

+51.4%

year-over-year

y-o-y

February '24 Feb '24 $193,000
January '24 Jan '24 $144,500
December '23 Dec '23 $140,000
November '23 Nov '23 $136,000
October '23 Oct '23 $123,500
September '23 Sep '23 $186,250
August '23 Aug '23 $144,500
July '23 Jul '23 $152,500
June '23 Jun '23 $132,000
May '23 May '23 $92,500
April '23 Apr '23 $140,000
March '23 Mar '23 $147,500

Median Down Payment i

$43,923

(Feb 2024)

+75.7%

year-over-year

y-o-y

February '24 Feb '24 $43,923
January '24 Jan '24 $5,200
December '23 Dec '23 $4,764
November '23 Nov '23 $12,500
October '23 Oct '23 $10,875
September '23 Sep '23 $21,651
August '23 Aug '23 $7,200
July '23 Jul '23 $30,000
June '23 Jun '23 $4,723
May '23 May '23 $7,350
April '23 Apr '23 $12,500
March '23 Mar '23 $27,000

Number of Homes Sold i

9

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 12
December '23 Dec '23 14
November '23 Nov '23 14
October '23 Oct '23 16
September '23 Sep '23 25
August '23 Aug '23 24
July '23 Jul '23 17
June '23 Jun '23 26
May '23 May '23 30
April '23 Apr '23 9
March '23 Mar '23 15

Number of Purchase Loans i

5

(Feb 2024)

-37.5%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 13
December '23 Dec '23 14
November '23 Nov '23 11
October '23 Oct '23 13
September '23 Sep '23 16
August '23 Aug '23 18
July '23 Jul '23 12
June '23 Jun '23 21
May '23 May '23 21
April '23 Apr '23 5
March '23 Mar '23 12

Number of REFI Loans i

5

(Feb 2024)

+25%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 7
December '23 Dec '23 3
November '23 Nov '23 4
October '23 Oct '23 7
September '23 Sep '23 9
August '23 Aug '23 11
July '23 Jul '23 6
June '23 Jun '23 3
May '23 May '23 8
April '23 Apr '23 4
March '23 Mar '23 6

Number of HELOC Loans i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 5
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 2
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 2

Peoria, IL 61607 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Peoria, IL 61607 Foreclosure Activity

There were a total of 3 Peoria, IL 61607 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-40%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 3
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 5
April '23 Apr '23 N/A
March '23 Mar '23 3

Foreclosure Starts i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 4
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 3
April '23 Apr '23 N/A
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

Nearby Zip Codes

1. 61602
2. 61603
3. 61604
4. 61605
5. 61606
6. 61613

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