61614 — Peoria County, Illinois Market Snapshot
Housing market data for zip code 61614 in Peoria County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
100 sales in 2026 (year to date)
Median Sale Price
$208,150
Days to Sell
9
Homes Sold
100
Inventory
19
Sale-to-List
101.7%
New Listings
113
Price/SqFt
$111
Pending Sales
117
Conforming Loan Available
Most homebuyers in 61614 can comfortably use conventional financing. The median home price of $208,150 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
61614 is an extremely competitive market with homes selling in just 9 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 61614 (101.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 61614 can comfortably use conventional financing. The median home price of $208,150 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 61614 are set at the county level.
2026 Loan Limits — Peoria County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 61614
To purchase the median home at $208,150 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,745.
Monthly Payment
$1,745
Income Required
$74,776
Principal & Interest
$1,283/mo
Down Payment (5%)
$10,408
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 61614.
Estimated Monthly Payment
$1,438
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