What are the most expensive neighborhoods in Peoria, IL?

The neighborhoods with the highest median home values in Peoria, IL include: Downtown Peoria ($118,911), West Bluff ($83,363), East Bluff ($75,764), North Valley ($43,550).

What are the most affordable neighborhoods in Peoria, IL?

The neighborhoods with the lowest median home values in Peoria, IL include: North Valley ($43,550), East Bluff ($75,764), West Bluff ($83,363), Downtown Peoria ($118,911).

Which Peoria, IL neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Peoria, IL include: North Valley (7.7%), East Bluff (7.0%).

Downtown Peoria, IL Housing Market

$120,002

14.0% 1-yr

The average Downtown Peoria, IL home value is $120,002, down 14.0% over the past year. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Downtown Peoria Key Takeaways

Typical Home Values: $120,002

1-Year Value Change: -14%

(Data through June 30, 2026)

Downtown Peoria Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 13 (July 31, 2026)

New Listings: 4 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
West Bluff$83,363
North Valley$43,550
East Bluff$75,764
Smithville--
Monica--
Nekoma--
Twin Lakes$197,358
Irisdale--
Indian Hills$215,516

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Downtown Peoria Rental Market Trends

Average Rent: --

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.