Archived briefing
This briefing has been superseded. The late-October edition carries the freshest figures, including the confirmed October 8 Freddie Mac survey of 7.40% for the 30-year fixed rate and the PAAR regional snapshot effective September 30, and the full market report is updated with every new number. The snapshot below is kept for the record.
Read the latest market reportAs fall settles in, the freshest hard county number is now September's: a $175,000 median sale price in Peoria County, down 1.4% from a year ago, with 290 homes in inventory at 1.5 months of supply. What is genuinely new this week is the regional read: the Peoria Area Association of REALTORS' 309MLS snapshot, effective August 30, shows 577 closed sales, 32 average days on market, and a $180,000 average sales price across the ten-county Greater Peoria MLS area. Here is where the numbers stand, reviewed and re-verified on October 6, 2026.
Review note: the September Peoria County market report is now published, current as of October 5, 2026, and the Peoria Area Association of REALTORS' third-quarter figures typically land in late October. The association's regional snapshot effective August 30 is the newest regional market signal. On mortgage rates, Freddie Mac's October 1 survey is confirmed at 7.28% for the 30-year fixed, with the next weekly survey scheduled for Thursday, October 8.
Peoria County median, September 2026
$175,000
Down 1.4% from $175,500 a year ago
RMLS Alliance
Peoria County single-family closings, September
208
Up 6.7% from a year ago
RMLS Alliance
Regional closed sales, snapshot eff. 8/30
577
With 664 new listings in the same window
PAAR · 309MLS
Regional average days on market
32 days
Average sales price $180,000
PAAR · 309MLS
Homes in inventory, regional snapshot
1,035
County inventory at 290 homes, 1.5 months of supply
PAAR · 309MLS / RMLS
Average 30-year fixed mortgage
7.28%
Up from 7.03% the week before; 15-year at 6.60%
Freddie Mac, week of Oct 1
The freshest signal: the regional snapshot
The newest published market data comes from the Peoria Area Association of REALTORS, which compiles the 309MLS snapshot across ten counties: Peoria, Tazewell, Fulton, Hancock, McDonough, Schuyler, Woodford, Marshall, McLean, and Mason. Effective August 30, 2026, that snapshot shows 664 new listings, 577 closed sales, an average of 32 days on market, a $180,000 average sales price, and 1,035 homes in inventory. It is a regional lens rather than a county lens, which means it smooths the bigger swings of any single county, but it is the freshest official number on the board, and it points the same direction as everything else: active but settling, with inventory climbing from the extremely thin levels of a year ago.
The county numbers that still stand
Peoria County's September Local Market Update, from RMLS Alliance data current as of October 5, is the deepest county-level read: a median sale price of $175,000, down 1.4% from $175,500 a year ago; a year-to-date median of $175,000, up 7.0%; 208 single-family detached closings, up 6.7%; 290 homes in inventory at 1.5 months of supply, down 4.6% year over year; cumulative days on market of 25, up 47.1% from a year earlier; and sellers receiving 96.5% of original list price. Read together, those tell the honest story: prices holding, inventory still scarce, pace normalizing.
The parking signpost from the association's second-quarter report still matters too: 1,723 homes sold across Greater Peoria from April through June, up 14.6% from the same stretch of 2025, with buyers choosing from more homes and homes taking longer to sell than a year earlier. Slower is not weak. It is a market unwinding from its peak, and it keeps favoring whoever shows up prepared.
Where mortgage rates stand
Freddie Mac's survey released October 1, 2026 put the average 30-year fixed-rate mortgage at 7.28%, up from 7.03% the week before and about 6.3% a year earlier, with the 15-year averaging 6.60%. It is the second consecutive week the 30-year average has held above 7%. The next weekly survey lands Thursday, October 8, and I will watch it the way I always do: a wandering few hundredths is not a trend, and the decision number remains today's actual payment at today's price, compared against renting while you wait.
A market in this shape rewards preparation. Sellers who price to the evidence still capture the strongest offers in the first weeks, and buyers who arrive pre-approved with a clear walk-away still find room to negotiate on the homes priced above their proof.
What this means for your move
For buyers, nothing about the fundamentals has changed: thin inventory in the county, steady values, and rates above 7% mean the prepared buyer holds the leverage on the listings that sit, and the right home can still be claimed quickly. For sellers, 96.5% of list price received says it plainly: accurate pricing from day one is the single strongest negotiation you will make, because the homes that linger in this market are almost always priced above what the evidence supports.
Call or text me at 309-361-4592, or send a note through the contact page, and we will run this comparison for your neighborhood, your budget, and your timeline. I want you to understand your position before you decide anything, because your move matters.
Sources: Peoria County Local Market Update, RMLS Alliance data for single-family detached homes, current as of October 5, 2026 (and the September 2026 Peoria County market report); the Peoria Area Association of REALTORS 309MLS market snapshot effective August 30, 2026, covering Peoria, Tazewell, Fulton, Hancock, McDonough, Schuyler, Woodford, Marshall, McLean, and Mason counties; the association's second-quarter 2026 report as covered by WCBU (August 4, 2026) and 25News (July 31, 2026); Redfin's Peoria housing market page; and the Freddie Mac Primary Mortgage Market Survey of October 1, 2026. All reviewed October 6, 2026. Figures are directional and change weekly. Your neighborhood's numbers come from current listings and closed sales, which I am happy to pull for you directly.
Want your number, not the county's?
Every buyer I represent starts with a real buyer consultation, no exceptions, because I want you to understand your position and I never want you to feel pressured. Reach me at 309-361-4592 or through the contact page, and we will map your move to the numbers that actually apply to you.