Market Intelligence Report — IL-900

Peoria, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-09
As of the latest 2026 data
Accelerated

Median Listing

$179K
-0.4% YoY

Pending Ratio

0.70
-10.1% YoY

Active Inventory

658
+11.9% YoY

Median DOM

35 Days
-10.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Peoria market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Peoria, IL.

Free ReportNo Sign-up~60 Seconds

The Peoria market currently exhibits an Accelerated condition, primarily driven by a pending ratio of 0.70. This indicates robust demand absorption relative to the available inventory, despite a year-over-year decline in the pending ratio.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.0%-0.9 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

363,505-0.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Peoria market right now.

Active listings have expanded by 11.9% year-over-year, alongside a 7.8% increase in new listings, suggesting a modest replenishment of supply. Concurrently, the median listing price shows a slight year-over-year contraction of 0.4%, while median days on market have decreased by 10.3% over the past year, indicating an expedited sales pace. The pending ratio has declined by 10.1% year-over-year, reflecting a moderation in the pace of demand growth relative to the prior period.

Historical Analysis

Market Trends

Median Price

$179K-3.0% MoM

Active Inventory

658+11.9% YoY

Days on Market

35-10.3% YoY

Sold Score™

74-10.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

74
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a rapid pace of transactions, with homes spending less time on the market. While inventory has increased, the elevated pending ratio implies continued pressure on available properties, requiring swift engagement from prospective buyers. This environment places upward pressure on transactional velocity, influencing price discipline.

Luxury Segment

Average listing prices show a 2.5% decline year-over-year, exceeding the modest 0.4% contraction in median listing prices. This divergence, coupled with a median price per square foot increase of 2.1%, does not provide a clear signal of distinct luxury-segment softening in this dataset.

Supply Dynamics

658 active listings represent the current floor, with new supply arriving at roughly 468 per month.

Pricing Pressure
20.4%

of active listings carry a price reduction, -1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.1% year-over-year.

Absorption
0.70

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Peoria, IL? Homes here are taking 4 days less to sell than last year.

Demand in Peoria, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
70%
Median Days on Market
35 days
Inventory YoY
+12%

Demand is strong in Peoria, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell →

Prefer the data first? Get the monthly Peoria, IL briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Peoria, IL yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Peoria market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Peoria, IL
CBSA Code
37900
State
IL

ZIPs in Peoria, IL

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Peoria?+

    As of the latest 2026 data, the Peoria metro is classified as Accelerated. Pending ratio is 0.70 with median days on market at 35.

  • Are home prices dropping in Peoria?+

    Median listing price is $179K, -0.4% year over year. 20.4% of active listings carry a price reduction.

  • How fast are homes selling in Peoria?+

    The typical listing sits 35 days on market, a -10.3% change YoY. New listings are arriving at 468 per month.

  • What's happening in the Peoria luxury market?+

    Average listing prices show a 2.5% decline year-over-year, exceeding the modest 0.4% contraction in median listing prices. This divergence, coupled with a median price per square foot increase of 2.1%, does not provide a clear signal of distinct luxury-segment softening in this dataset.

  • Where can I find a trusted Peoria real estate expert?+

    Primpted maintains a vetted registry of Peoria agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 37900 · 36mo history