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Peoria Standard

Tuesday, July 15, 2025

Peoria County home prices rose in Q2

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The median sale price of a home sold in the second quarter of 2025 in Peoria County rose by $14,000, while total sales decreased by 9.6%, according to BlockShopper.com.

From April through June of 2025, 859 homes were sold in the county, with sale prices around $140,000. This is an 11.1% increase over the $126,000 median sale price during the same period in 2024, when there were 950 homes sold.

Based on the latest available data from 2023, the median sales tax on homes in Peoria County was $2,798, which equates to 2% of the median home sale price for the second quarter of 2025.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Peoria County from April 2024 to June 2025.

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025$126,000$126,000$145,000$145,000$123,000$123,000$111,500$111,500$140,000$140,000

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