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Peoria Metro Area Housing

 

As of 2010-2014, median price of a house in Peoria Area is $129,900, which is lower than the state average of $175,700 and is lower than the national average of $175,700. The median year that a house in Peoria Area was built is 1964, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 108,641 Owner Occupied Houses in Peoria Area, #391
Peoria Area
129,900 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Peoria Area
9.16%
Illinois
34.33%
U.S.
46.91%

*The Peoria Area median house price growth rate is since 2005-2009. The Illinois and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Peoria AreaIllinoisU.S.
Total Housing Units164,900, see rank, 100%5,299,433132,741,033
Occupied Housing Units152,051, 92.21%, see rank90.17%87.55%
Owner Occupied108,641, 65.88%, see rank60.28%56.34%
Renter Occupied43,410, 26.33%, see rank29.89%31.21%
Vacant Housing Units12,849, 7.79%, see rank9.83%12.45%
For Rent2,978, 1.81%, see rank2.18%2.34%
For Sale Only2,166, 1.31%, see rank1.36%1.20%
Rented or Sold, Not Occupied1,069, 0.65%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use888, 0.54%, see rank0.95%3.97%
For Migrant Workers34, 0.02%, see rank0.01%0.03%
Other Vacant5,714, 3.47%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #725
Peoria AreaIllinoisU.S.
196419671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Peoria Area%IllinoisU.S.
Owner-Occupied Units108,641100%3,194,70774,787,460
With a Mortgage68,01462.60%, see rank67.18%65.58%
Without a Mortgage40,62737.40%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Peoria Area
1,205 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPeoria Area%IllinoisU.S.
$299 or Less980.14%, see rank0.14%0.20%
$300 to $4991,2921.90%, see rank1.21%1.59%
$500 to $6995,1557.58%, see rank4.05%5.01%
$700 to $99916,43724.17%, see rank11.52%14.32%
$1,000 to $1,49923,77734.96%, see rank24.62%27.90%
$1,500 to $1,99911,97917.61%, see rank22.62%20.35%
$2,000 to $2,9997,17610.55%, see rank24.08%19.52%
$3,000 or More2,1003.09%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Peoria Area
20.10% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Peoria Area%IllinoisU.S.
10% or Less4,8867.18%, see rank5.20%5.86%
10% to 20%28,80242.35%, see rank31.00%31.95%
20% to 30%18,69627.49%, see rank27.90%27.64%
30% to 40%7,35610.82%, see rank14.28%13.74%
40% or More8,07811.88%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Peoria Area
473 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPeoria Area%IllinoisU.S.
$199 or Less2,0335.00%, see rank4.12%7.76%
$200 to $2994,89312.04%, see rank8.95%14.70%
$300 to $49915,47338.09%, see rank27.30%34.63%
$500 to $69911,34127.91%, see rank25.34%21.16%
$700 or More6,88716.95%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Peoria Area
11.40% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Peoria Area%IllinoisU.S.
10% or Less17,46642.99%, see rank34.64%40.19%
10% to 20%14,44035.54%, see rank34.00%31.47%
20% to 30%4,38610.80%, see rank13.55%12.24%
30% to 40%1,5583.83%, see rank6.36%5.64%
40% or More2,4636.06%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Peoria AreaIllinoisU.S.
Total Housing Units164,900, 100%5,299,433132,741,033
1-unit, Detached126,920, 76.97%, see rank58.58%61.65%
1-unit, Attached4,977, 3.02%, see rank5.85%5.82%
2 Units4,771, 2.89%, see rank5.71%3.75%
3 or 4 Units4,763, 2.89%, see rank6.80%4.43%
5 to 9 Units6,388, 3.87%, see rank6.22%4.78%
10 or More Units13,745, 8.34%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.3,336, 2.02%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Peoria AreaIllinoisU.S.
Total Housing Units164,900, 100%5,299,433132,741,033
1 Room2,395, 1.45%, see rank2.20%1.95%
2 Rooms3,119, 1.89%, see rank2.22%2.48%
3 Rooms11,934, 7.24%, see rank8.27%9.13%
4 Rooms23,742, 14.40%, see rank16.08%16.60%
5 Rooms34,310, 20.81%, see rank20.31%20.41%
6 Rooms30,139, 18.28%, see rank18.17%18.06%
7 Rooms22,876, 13.87%, see rank12.12%12.27%
8 Rooms15,120, 9.17%, see rank8.93%8.48%
9 Rooms or More21,265, 12.90%, see rank11.70%10.60%
Median Rooms5.70, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Peoria AreaIllinoisU.S.
Total Housing Units164,900, 100%5,299,433132,741,033
No Bedroom2,577, 1.56%, see rank2.50%2.17%
1 Bedroom16,419, 9.96%, see rank11.67%11.16%
2 Bedrooms46,002, 27.90%, see rank29.01%26.69%
3 Bedrooms66,624, 40.40%, see rank36.76%39.70%
4 Bedrooms26,406, 16.01%, see rank15.97%16.05%
5 or More Bedrooms6,872, 4.17%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Peoria AreaIllinoisU.S.
Total Housing Units152,051, 100%4,778,633116,211,092
Utility Gas110,586, 72.73%, see rank79.46%48.85%
Bottled, Tank, or LP Gas10,316, 6.78%, see rank4.08%4.86%
Electricity28,619, 18.82%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.281, 0.18%, see rank0.20%5.86%
Coal or Coke11, 0.01%, see rank0.02%0.12%
Wood1,006, 0.66%, see rank0.50%2.12%
Solar Energy60, 0.04%, see rank0.02%0.05%
Other Fuel769, 0.51%, see rank0.45%0.47%
No Fuel Used403, 0.27%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPeoria AreaIllinoisU.S.
Occupied Units Paying Rent40,854, 100%1,513,61739,201,928
$199 or Less1,100, 2.69%, see rank1.84%1.50%
$200 to $2991,842, 4.51%, see rank3.23%3.18%
$300 to $4994,883, 11.95%, see rank7.28%7.37%
$500 to $69912,633, 30.92%, see rank15.00%16.01%
$700 to $99913,997, 34.26%, see rank33.11%29.17%
$1,000 to $1,4994,556, 11.15%, see rank26.04%26.88%
$1,500 to $1,999997, 2.44%, see rank8.81%9.79%
$2,000 or More846, 2.07%, see rank4.70%6.10%
Median$700, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Peoria AreaIllinoisU.S.
Occupied Housing Units152,051, 100%4,778,633116,211,092
No Vehicles Available10,700, 7.04%, see rank10.79%9.12%
1 Vehicles Available50,369, 33.13%, see rank35.14%33.80%
2 Vehicles Available61,688, 40.57%, see rank36.99%37.48%
3 or More Vehicles Available29,294, 19.27%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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