Peoria, IL Real Estate Market 2026

Investor-grade market analytics for Peoria, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$174,841

+6.7% year-over-year

Est. Rental Yield

8.1%

gross annual

12-Month Forecast

+6.5%

base case (Zillow ZHVF)

+6.5% year-over-year

Climate Risk

26/100

Low

Market Momentum

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Warm
1.5mo supply ยท Score +3/7

Net migration: Top 38% nationally

Income Migration

๐Ÿ“‰ Wealth Drain0.90x

In-migrants avg $58,918 AGI vs out-migrants $65,792

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Opportunity Zone Market

13 ZIP codes in Peoria are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Peoria Market Summary

Peoria, IL is experiencing strong growth with 6.7% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.47x, below the national average of 4.8x. Modest net positive migration (+48 returns/year) provides steady demand support. Climate risk remains low (26/100), favorable for long-term investment stability. Rental yield of 8.08% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.5x (national avg 4.8x)
Median Household Income$70,872

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+3.3%
Base Case+6.5%
Bull Case+9.8%

Climate & Natural Hazard Risk

Peoria, IL's primary climate exposure is wind storms (48/100). The composite climate risk score of 26/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Peoria dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.