New - 4 days on Rocket
$2,375 Closing Credit¹
#PA1255802, Wendy Kolbus, Listing Office: RE/MAX Traders Unlimited
61525 Housing Market Report January 2025•Peoria County, Illinois
Housing Prices in 61525, IL
How much do homes in 61525, IL cost?
Housing Market Conditions
Is 61525, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
61525 is a Seller's Market
Difference Since January 2024
Since last year, 61525 has remained a Seller's Market.
Insight
61525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$380,000$126/SqFt
+$25,000
+7.0%
Based on all homes sold in the last 12 months
Insight
Homes in 61525 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 61525 was $380,000 in January 2025, up 7% from last year, and the median price per square foot was $126.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $145.5K | $200K | +37.5% |
| 33 Bedrooms | $249.5K | $275K | +10.2% |
| 44 Bedrooms | $330K | $385K | +16.7% |
| 55+ Bedrooms | $460.5K | $472K | +2.5% |
Summary: 61525 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +37.5%. The home price for 3 bedroom homes increased by +10.2%. The home price for 4 bedroom homes increased by +16.7%. The home price for 5 bedroom homes increased by +2.5%.
Housing supply in 61525, IL
How many homes are available in 61525, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthJan 2025 | ||
| 262 months agoDec 2024 | -11.5 % Change MoMDec – Jan |
Summary: The 61525 real estate market had 23 homes for sale in Jan 2025, a 11.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthJan 2025 | ||
| 82 months agoDec 2024 | +12.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 9 | 7 | -22.2% |
| 44 Bedrooms | 11 | 8 | -27.3% |
| 55+ Bedrooms | 5 | 6 | +20.0% |
Summary: 61525 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -22.2%. The inventory for 4 bedroom homes decreased by -27.3%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in 61525, IL cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in 61525, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 61525 in January 2025, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and and 33% were sold over asking.
Days on Market for 61525, IL
How long does it take to sell a home in 61525, IL?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in 61525 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 9 homes were sold in 61525; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 11 DaysThis YearJan 2025 | ||
| 84 Days1 year agoJan 2024 | -86.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 61525 had an average listing age of 11 days in Jan 2025, down by 86.6% compared to the previous year.
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Newest Listings in 61525, IL
What homes are available in 61525, IL?
$5,759 Closing Credit¹
#PA1255473, Amy Weaver, Listing Office: Coldwell Banker Real Estate Group
#PA1255376, Ric Krupps, Listing Office: Re/Max Traders Unlimited
Video tour
$7,066 Closing Credit¹
#PA1255183, Gopi Kancherla, Listing Office: Realty Executives Acclaimed
$7,124 Closing Credit¹
#PA1255099, Scott Rodgers, Listing Office: RE/MAX Traders Unlimited
$2,611 Closing Credit¹
#PA1255098, Jeannie Quick, Listing Office: Sunflower Real Estate Group, LLC
#PA1253893, Ruchi Majety, Listing Office: Keller Williams Premier Realty
#PA1253666, Linda Kepple, Listing Office: Keller Williams Premier Realty
$10,000 Closing Credit¹
#PA1253509, Donna Jones Craig, Listing Office: BHHS Central Illinois, REALTOR
Backup offers
$6,174 Closing Credit¹
#PA1250474, Rich Gillespie, Listing Office: RE/MAX Traders Unlimited
$4,750 Closing Credit¹
#QC4244932, Misael Chacon, Listing Office: Beycome brokerage realty, LLC
#PA1240496, Marilyn Kohn, Listing Office: RE/MAX Traders Unlimited
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 02/01/2023 - 02/01/2025
Listings courtesy of RMLS Alliance as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.