$1,188 Closing Credit¹
#PA1255664, Debbie Emanuels, Listing Office: Re/Max Traders Unlimited
North Peoria Housing Market Report January 2025•Peoria County, Illinois
Housing Prices in North Peoria, IL
How much do homes in North Peoria, IL cost?
Housing Market Conditions
Is North Peoria, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Peoria is a Seller's Market
Difference Since January 2024
Since last year, North Peoria has remained a Seller's Market.
Insight
North Peoria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$220,000$106/SqFt
+$1,000
0.5%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in North Peoria has remained the same since last year.
Summary: The median home sold price in North Peoria was $220,000 in January 2025, up 0.5% from last year, and the median price per square foot was $106.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $63K | $65K | +3.2% |
| 22 Bedrooms | $91K | $109.9K | +20.8% |
| 33 Bedrooms | $212.5K | $215K | +1.2% |
| 44 Bedrooms | $284.9K | $245K | -14.0% |
| 55+ Bedrooms | $325K | $330K | +1.5% |
Summary: North Peoria housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.2%. The home price for 2 bedroom homes increased by +20.8%. The home price for 3 bedroom homes increased by +1.2%. The home price for 4 bedroom homes decreased by -14.0%. The home price for 5 bedroom homes increased by +1.5%.
Housing supply in North Peoria, IL
How many homes are available in North Peoria, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 47Last MonthJan 2025 | ||
| 512 months agoDec 2024 | -7.8 % Change MoMDec – Jan |
Summary: The North Peoria real estate market had 47 homes for sale in Jan 2025, a 7.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 162 months agoDec 2024 | -31.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 6 | 7 | +16.7% |
| 33 Bedrooms | 20 | 24 | +20.0% |
| 44 Bedrooms | 17 | 11 | -35.3% |
| 55+ Bedrooms | 6 | 4 | -33.3% |
Summary: North Peoria housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes decreased by -35.3%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in North Peoria, IL cost?
Over Asking Price5 Homes
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in North Peoria, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in North Peoria in January 2025, down by 31.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and and 45% were sold over asking.
Days on Market for North Peoria, IL
How long does it take to sell a home in North Peoria, IL?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in North Peoria are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in North Peoria; 82% of homes were sold within 30 days, 18% 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 |
|---|---|---|
| 14 DaysThis YearJan 2025 | ||
| 15 Days1 year agoJan 2024 | -3.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in North Peoria had an average listing age of 14 days in Jan 2025, down by 3.6% compared to the previous year.
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Newest Listings in North Peoria, IL
What homes are available in North Peoria, IL?
$3,741 Closing Credit¹
#PA1255660, Linda Kepple, Listing Office: Keller Williams Premier Realty
Backup offers
$2,375 Closing Credit¹
#PA1255553, Wendy Kolbus, Listing Office: RE/MAX Traders Unlimited
$1,093 Closing Credit¹
#PA1255461, Nick Bruesch, Listing Office: Re/Max Traders Unlimited
$1,483 Closing Credit¹
#PA1255170, Donna Jones Craig, Listing Office: BHHS Central Illinois, REALTORS®
$2,553 Closing Credit¹
#PA1255152, Daisy Bouillon, Listing Office: Sunflower Real Estate Group, LLC
$2,849 Closing Credit¹
#PA1255151, Daisy Bouillon, Listing Office: Sunflower Real Estate Group, LLC
Backup offers3D tour
$4,928 Closing Credit¹
#PA1255148, Dori DeWitte-Scotti, Listing Office: Jim Maloof Realty, Inc.
Video tour
$2,730 Closing Credit¹
#PA1255139, Bryson Smith, Listing Office: Keller Williams Premier Realty
$4,156 Closing Credit¹
#PA1255090, Venky Basam, Listing Office: Keller Williams Premier Realty
$3,858 Closing Credit¹
#PA1255055, Amanda Allsup, Listing Office: Re/Max Traders Unlimited
$2,791 Closing Credit¹
#PA1255022, Tracy Molendi, Listing Office: Re/Max Traders Unlimited
Nearby markets
Nearby markets aren't available for North Peoria, IL
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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: 2/5/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.