61607 Home Values & Market Trends
There are 17 homes currently listed for 61607. 61607 real estate market trends show that home prices range from $90,000 to $445,000, and the median sales price in the 61607 zip code is $140,530.42. The total number of properties sold within the past twelve months is 222. In 61607, 34 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
61607 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Peoria | $ 122,740 $ 72/sqft |
Housing Market Summary for 61607
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $124.9K | $140K | 12.10% |
| Median Sold Price | $139K | $140K | 0.72% |
| Homes For Sale | 13 | 16 | 23.08% |
| Homes Sold | 107 | 105 | -1.87% |
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 61607
Browse Homes in 61607
The median list price of a home in Peoria, is $140,530.42. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 61607 properties is 4,404.
- Pre-ForeclosurePre-foreclosure homes account for 0.68% of all residential properties in 61607 with peoria containing 215 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61607; 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 61607 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 61607. There is 1 cities within 61607; peoria containing 23 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspeoria has 21 auction properties, the highest number of properties going to auction in a single city in the state of 61607. Auction homes and other auction properties account for 0.05% of all properties in 61607. There is 1 cities within 61607; 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 61607
Guide for 61607
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.