Peoria home values are still climbing, but not all of Peoria climbs at the same speed. Here is what the latest numbers show, reviewed September 28, 2026, and why the answer always comes down to your neighborhood.
Across the city of Peoria, the median sale price is roughly $148,000 over the last three months, up about 2% year over year on Redfin's measure. The county overall runs higher: August 2026 closed at a median of $190,000, up 8.3% from $175,500 a year earlier per the RMLS Alliance Local Market Update. The important takeaway: a citywide trend is a blur, and your block, your school district, and your housing type are the real story.
Peoria city median, 3-month
~$148K
Up 2.0% year over year, Redfin
Peoria County median, Aug 2026
$190,000
Up 8.3% from $175,500 a year ago
61615 typical value
$258,298
Up 7.5% YoY, Zillow
61614 typical value
~$170K
Median sales near $199,900
Why the zip codes diverge
The two sides of North Peoria are a good example. In 61614, Zillow's typical value estimate sits around $170,000, with median closed sales near $199,900 in realtor data. In 61615, the higher-value side of the city, the typical value runs about $258,298, up 7.5% over the year, and homes get to pending in roughly four days. Different housing stock, different demand, different price points, and both healthy.
A few minutes up the road, Dunlap is the standout school-driven suburb: Zillow's typical value is about $278,642, up 1.8% year over year, in a county whose August median sits at $190,000. Schools carry that premium, and nearly all of it is buyer demand, though realtor-sourced sold data shows Dunlap cooling in 2026, with fewer sales and longer days on market than a year ago.
Is the market changing in Central Illinois? The short answer is yes in shape, no in direction: values still climbing, with the county median up 8.3% in August and single-family detached closings of 214 for the month, with 30-year rates at 7.03% in the week of September 24, 2026. The full, sourced breakdown is in the September 29 market check-in.
Read: Is the market changing in Central Illinois?What it means for your move
- For buyers: values are not crashing, so waiting for a sale is not a reliable plan.
- For sellers: your price comps must come from your neighborhood, not the county headline.
- For everyone: days on market are short, so pricing and pre-approval are decisive.
Figures here are directional and change monthly. When we talk about your specific situation, I build the picture from active listings and closed sales in your actual neighborhood, which is the only number that matters to your equity.
