Peoria County home listings dropped 28.1% in February

In February, Peoria County saw a 1.3% drop in median home listing prices, now at $123,350. This is a decrease from $124,948 in February 2024. The median home size is 1,437 square feet, priced at $91 per square foot. New home listings fell by 28.1%, with 138 homes listed compared to 192 in February 2024. Homes sold faster, with a median of 57 days on the market, down from 52 days in January. In the broader Peoria metro area, median home prices rose slightly to $144,900. In Illinois, the median home price increased to $289,950, while the national median rose to $412,000.