Why Live in Downtown Peoria
Downtown Peoria is a vibrant neighborhood along the Illinois River, offering a mix of urban amenities and outdoor recreation. The area features RiverFront Park, a popular green space with a playground, farmers market, festival grounds, and pathways, providing scenic views of the Illinois River Bridge. The Peoria Riverfront Museum nearby hosts art, history, and science exhibits, along with events like Wine & Cheese Under the Stars. Sports enthusiasts can catch a Peoria Chiefs minor-league baseball game at Dozer Park. The Peoria Zoo at Glen Oak Park, located just north of RiverFront Park, is home to over 100 species. The RiverFront District boasts diverse dining options, from The Blue Duck Barbecue Tavern to the upscale Jim's Steak House, and shopping at boutiques like Rambler. Haddad's West Peoria Market is 1.5 miles west for grocery needs. Housing includes condos in the heart of downtown, such as the Twin Towers, and bungalows and minimal traditional homes on the outskirts. Peoria School District No. 150 serves the area, with Lincoln School and Peoria High School. Bradley University is also located downtown. CityLink provides fixed-route bus service, and General Wayne A. Downing Peoria International Airport is 6 miles west. The city is in the process of developing master plans that may include athletic facilities, kayak launches, and boardwalks along the riverfront.
Home Trends in Downtown Peoria, IL
On average, homes in Downtown Peoria, Peoria sell after 47 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Peoria, Peoria over the last 12 months is $55,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$55,000
Median Single Family Sale Price
$69,900
Median 2 Bedroom Sale Price
$136,950
Median 1 Bedroom Sale Price
$163,200
Average Price Per Sq Ft
$84
Number of Homes for Sale
40
Last 12 months Home Sales
122
Median List Price
$79,450
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
12%