Why Live in East Peoria
East Peoria, located across the Illinois River from Peoria City, offers a unique mix of industrial, suburban, and rural settings. The neighborhood is known for its scenic river views and lower housing costs, with an average home price of $173,000. The area features a blend of shopping and dining options, particularly in the Levee District, which includes major retailers like Walmart and Target, as well as eateries such as Kuchie’s on the Water and Johnny's Italian Steakhouse. The neighborhood is also home to several parks managed by the Fon-Du-Lac Park District, including Bradley A. Smith Park, which offers an indoor recreation center, skate park, baseball diamonds, playground, and picnic shelters. The Fon Du Lac Golf Course is another popular attraction for outdoor activities. Residential areas are characterized by rolling hills and lush greenery, with common home styles including single-family ranches, federal colonials, and cottages. Prices for homes vary, with smaller homes ranging from $60,000 to $200,000 and larger homes from $250,000 to $500,000. The neighborhood is served by CityLink bus stops along East Washington Street, and General Wayne A. Downing Peoria International Airport is 9 miles away. The East Peoria Festival of Lights, held annually at Bradley A. Smith Park, is a notable local event.
Home Trends in East Peoria, IL
On average, homes in East Peoria, IL sell after 72 days on the market compared to the national average of 70 days. The median sale price for homes in East Peoria, IL over the last 12 months is $399,235, down 14% from the median home sale price over the previous 12 months.
Median Sale Price
$399,235
Median Single Family Sale Price
$425,000
Median Townhouse Sale Price
$298,900
Median 2 Bedroom Sale Price
$405,000
Median 1 Bedroom Sale Price
$1,795,000
Average Price Per Sq Ft
$247
Number of Homes for Sale
32
Last 12 months Home Sales
193
Median List Price
$422,611
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-14%