foreclosure.com

Foreclosure Homes in Peoria, IL 61614

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 441

Peoria, IL Foreclosures

Current Market Conditions in in Peoria, IL As of April 2026?
Over the past month, Peoria has seen an uptick in home sales, despite a constrained inventory. The average home price has slightly increased, signaling a robust demand amid limited supply. Buyers should act quickly, as homes often sell within days of being listed. The rental market also remains strong, with many people seeking rental options due to rising home prices.
How much do homes sell for in Peoria, IL?
The average home price is currently $176,905.
In Peoria, IL, how many homes are available?
There are currently 441 active home listings available in Peoria.
What’s the average rental cost in Peoria, IL?
The average rental price in Peoria is $1,154.
What is the most expensive home in Peoria?
The most expensive home sold in Peoria had a price of $42,243,380.
What is currently the cheapest priced home in Peoria, IL?
The cheapest home for sale in Peoria is priced at $10,038.

Living in Peoria, IL

Peoria, IL, is a charming city along the Illinois River, offering a mix of urban and suburban living. With diverse recreational options, a strong educational system, and a tight-knit community, it’s an ideal place for families and young adults. Enjoy the local culture, beautiful riverfront parks, and all the amenities you desire.

Buyer vs Seller Market in Peoria, IL

Currently, Peoria's real estate market is experiencing a steady increase in home values, driven by a combination of low inventory and high demand for housing. This trend makes it an opportune time for buyers looking to invest.

Given its affordability compared to larger urban areas, Peoria attracts both first-time homebuyers and investors. Many properties in the area are being remodeled and flipped, which is leading to a revitalization of certain neighborhoods.

Home Value Estimator For Peoria, IL

There are currently 46,149 real estate properties in Peoria, IL, with a median automated valuation model (AVM) price of $121,554.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Peoria, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Peoria, IL, is $176,905.00, with the most expensive house in Peoria, IL, topping out at $42,243,380.00 and the cheapest home in Peoria, IL, clocking in at $10,038.00. In other words, there’s something for every potential homebuyer or savvy investor in Peoria, IL!

Rent Prices In Peoria, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peoria, IL, is on a rollercoaster ride. The average rent price in Peoria, IL, is $1,154.00. Indeed, when looking to rent in Peoria, IL, you can expect to pay as little as $490.00 or as much as $3,060.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Peoria, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Peoria, IL 61614 Foreclosures

Market Trend for Peoria, IL

Total Listings Available: 441

Market Values:

Home Prices from $10,038 to $42,243,380

Average Sales Price: $176,905

Rental Values:

Rental from $490 to $3,060

Average Rent Value: $1,154 / month

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.