61605 Home Values & Market Trends

There are 11 homes currently listed for 61605. 61605 real estate market trends show that home prices range from $2,500 to $99,900, and the median sales price in the 61605 zip code is $30,848.7. The total number of properties sold within the past twelve months is 309. In 61605, 64 properties are in foreclosure, 4 are bank owned properties,and 4 are headed for auction.

61605 Real Estate Market Overview

CityMedian Est. Value
Peoria

$ 122,013

$ 70/sqft

Housing Market Summary for 61605

Apr 2023March 2024Change
Median Listing Price$33,000$27,340-17.15%
Median Sold Price$30,500$27,340-10.36%
Homes For Sale1714-17.65%
Homes Sold206188-8.74%
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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%.

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Browse Homes in 61605

The median list price of a home in Peoria, is $30,848.7. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 61605 properties is 5,197.

Foreclosure
There is 1 cities within 61605; within this cities, the median estimated home value for homes in foreclosure ranges from $663,419 in peoria to the lowest value of $18,850 in peoria. Foreclosure homes account for 1.00% of properties in 61605 with peoria containing 261 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.08% of all residential properties in 61605 with peoria containing 215 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61605; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 61605 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 0.08% of properties in 61605. There is 1 cities within 61605; peoria containing 21 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    peoria has 25 auction properties, the highest number of properties going to auction in a single city in the state of 61605. Auction homes and other auction properties account for 0.08% of all properties in 61605. There is 1 cities within 61605; of that cities, the median estimated home value for homes going to auction ranges from $229,000 in peoria to the lowest value of $30,872 in peoria.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in 61605 with peoria containing 206 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61605; homes for sale in that cities, have a range of median values from $1,402,582 in peoria to the lowest value of $19,438 in peoria.
    Sold Homes
    The median value for recently sold homes ranges from $1,657,711 in peoria to the lowest price of $17,355 in peoria. There is 1 cities within 61605. peoria has 1392 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 4.12% of properties in 61605.

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      Guide for 61605

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.