Is Peoria County, IL a buyer's market or a seller's market?
Peoria County, IL is a seller's market right now. There are 353 homes for sale, and at the current pace of sales it would take about 1.5 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Peoria County, IL sits at 1.5.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 18 days to go under contract, and 36% of sales closed above the asking price.
The number of homes for sale is 6% higher than a year ago. More choice for buyers means more competition between sellers.
Source: Redfin's published market data for the Peoria County, IL area, through May 2026.
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More about the Peoria County, IL market
- When is the best month to sell a house in Peoria County, IL?
- How long does it take to sell a house in Peoria County, IL?
- Do homes sell above asking price in Peoria County, IL?
- Are home prices going up or down in Peoria County, IL?
- Are sellers cutting prices in Peoria County, IL?
- Is the housing market slowing down in Peoria County, IL?
- What is the average home price in Peoria County, IL?
- How many homes are for sale in Peoria County, IL?
- All Peoria County, IL housing numbers
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Figures come from Redfin's published market data for the Peoria County, IL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.