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Updated May 2026 · Redfin · 3-month window

61606 Real Estate Market Update: Peoria, IL, May 2026

The latest housing-market numbers for ZIP code 61606 in Peoria, Illinois, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 61606 · Peoria, IL · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$122K▲ +7.7%▼ -20.8%
Days on market41▼ -18.0%▲ +2.5%
Homes for sale18▼ -5.3%▲ +12.5%
Sale-to-list93.5%▲ +0.9%▼ -2.3%
Homes sold28▲ +21.7%▼ -9.7%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 61606 numbers say

The 61606 ZIP in Peoria is cooling. The median sale price sits at $122,000, 20.8% below last year. Pace is steady: a typical listing goes under contract in about 41 days, with sellers getting 93.5% of list price.

Based on 28 recent sales, 61606 is currently an active market.

What this means if you sell in 61606

Use these figures to set expectations early. Lead a listing appointment with the median price and the 41-day pace, show the year-over-year direction, and frame 61606 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 61606 housing market

What is the median home price in ZIP 61606 (Peoria, IL)?
As of May 2026, the median sale price in ZIP 61606 is $122,000 (-20.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 61606 a buyer's or seller's market right now?
ZIP 61606 is currently an active market, based on a 93.5% sale-to-list ratio, about 41 days on market for May 2026.
How long do homes take to sell in ZIP 61606?
A typical listing in 61606 goes under contract in about 41 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 61606 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/il/zip/61606/" rel="dofollow">61606 Peoria real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.