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Peoria Standard

Tuesday, July 15, 2025

Peoria County home prices rose in first half of 2025

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The median sale price of a home sold in the first half of 2025 in Peoria County rose by $14,000, while total sales decreased by 8.1%, according to BlockShopper.com.

From January through June of 2025, 1,449 homes were sold in the county, with a median sale price of $130,000. This is a 12.1% increase over the $116,000 median sale price during the same period in 2024, when there were 1,577 homes sold.

Based on the latest available data from 2023, the median sales tax in Peoria County was $2,798, which stands at 2.2% of the median home sale price for the first half 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 January 2024 to June 2025.

Jan. - June 2024July - Dec. 2024Jan. - June 2025$116,000$116,000$135,000$135,000$130,000$130,000

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