61603 Home Values & Market Trends
There are 34 homes currently listed for 61603. 61603 real estate market trends show that home prices range from $1 to $279,900, and the median sales price in the 61603 zip code is $48,582.06. The total number of properties sold within the past twelve months is 467. In 61603, 50 properties are in foreclosure, 3 are bank owned properties,and 4 are headed for auction.
61603 Real Estate Market Overview
City | Median Est. Value |
---|---|
Peoria | $ 123,734 $ 72/sqft |
Housing Market Summary for 61603
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $49,000 | $46,505 | -5.09% |
Median Sold Price | $46,920 | $46,505 | -0.88% |
Homes For Sale | 33 | 43 | 30.30% |
Homes Sold | 296 | 235 | -20.61% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61603
Browse Homes in 61603
The median list price of a home in Peoria, is $48,582.06. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 61603 properties is 5,898.
- Pre-ForeclosurePre-foreclosure homes account for 0.73% of all residential properties in 61603 with peoria containing 215 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61603; of that cities, the estimated home value for pre-foreclosure homes ranges from $663,419 in peoria to the lowest home value of $18,850 in peoria.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61603 ranges from the highest value of $269,803 in peoria to the lowest value of $28,750 in peoria. Bank owned homes and properties account for 0.05% of properties in 61603. There is 1 cities within 61603; peoria containing 23 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspeoria has 22 auction properties, the highest number of properties going to auction in a single city in the state of 61603. Auction homes and other auction properties account for 0.07% of all properties in 61603. There is 1 cities within 61603; of that cities, the median estimated home value for homes going to auction ranges from $194,948 in peoria to the lowest value of $30,872 in peoria.
Compare Nearby Zip Codes
More Real Estate Resources for 61603
Guide for 61603
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn how a short sale can stop the foreclosure process.
A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.