Cities with the fastest growing home prices in Peoria metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Peoria metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Peoria, IL metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 69 cities and towns in Peoria.

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Stacker

#30. Wenona, Wenona

- 1-year price change: +$12,961 (+13.6%)
- 5-year price change: +$31,137 (+40.5%)
- Typical home value: $107,982 (#48 most expensive city in metro)
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Stacker

#29. El Paso, El Paso

- 1-year price change: +$13,015 (+9.2%)
- 5-year price change: +$33,852 (+27.9%)
- Typical home value: $155,209 (#26 most expensive city in metro)
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Stacker

#28. Secor, Secor

- 1-year price change: +$13,097 (+8.9%)
- 5-year price change: +$33,852 (data not available)
- Typical home value: $160,323 (#24 most expensive city in metro)
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Stacker

#27. Laura, Laura

- 1-year price change: +$13,209 (+13.3%)
- 5-year price change: +$24,166 (+27.3%)
- Typical home value: $112,628 (#43 most expensive city in metro)
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Stacker

#26. Green Valley, Green Valley

- 1-year price change: +$13,323 (+9.6%)
- 5-year price change: +$34,585 (+29.6%)
- Typical home value: $151,455 (#28 most expensive city in metro)

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Stacker

#25. Chillicothe, Chillicothe

- 1-year price change: +$13,332 (+9.8%)
- 5-year price change: +$25,201 (+20.2%)
- Typical home value: $149,819 (#29 most expensive city in metro)
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Stacker

#24. Hopedale, Hopedale

- 1-year price change: +$13,741 (+9.2%)
- 5-year price change: +$38,357 (+30.9%)
- Typical home value: $162,367 (#23 most expensive city in metro)
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Stacker

#23. Washington, Washington

- 1-year price change: +$14,009 (+8.2%)
- 5-year price change: +$30,805 (+19.9%)
- Typical home value: $185,623 (#18 most expensive city in metro)
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Stacker

#22. Varna, Varna

- 1-year price change: +$15,030 (+8.5%)
- 5-year price change: +$39,288 (+25.9%)
- Typical home value: $191,247 (#16 most expensive city in metro)
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#21. Deer Creek, Deer Creek

- 1-year price change: +$15,231 (+9.7%)
- 5-year price change: +$30,969 (+22.0%)
- Typical home value: $171,997 (#22 most expensive city in metro)

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#20. Groveland, Groveland

- 1-year price change: +$15,272 (+7.2%)
- 5-year price change: +$41,279 (+22.3%)
- Typical home value: $226,477 (#9 most expensive city in metro)
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#19. Eureka, Eureka

- 1-year price change: +$15,386 (+8.5%)
- 5-year price change: +$41,897 (+27.2%)
- Typical home value: $195,744 (#15 most expensive city in metro)
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#18. Lowpoint, Lowpoint

- 1-year price change: +$16,032 (+9.9%)
- 5-year price change: +$49,201 (+38.0%)
- Typical home value: $178,584 (#21 most expensive city in metro)
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#17. Metamora, Metamora

- 1-year price change: +$16,070 (+7.9%)
- 5-year price change: +$43,004 (+24.5%)
- Typical home value: $218,575 (#11 most expensive city in metro)
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#16. Glasford, Glasford

- 1-year price change: +$16,416 (+12.1%)
- 5-year price change: +$39,783 (+35.4%)
- Typical home value: $152,185 (#27 most expensive city in metro)

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Stacker

#15. Tremont, Tremont

- 1-year price change: +$17,462 (+9.2%)
- 5-year price change: +$43,971 (+26.9%)
- Typical home value: $207,201 (#12 most expensive city in metro)
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#14. Princeville, Princeville

- 1-year price change: +$19,313 (+11.9%)
- 5-year price change: +$37,286 (+25.8%)
- Typical home value: $181,734 (#20 most expensive city in metro)
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#13. Manito, Manito

- 1-year price change: +$19,737 (+18.0%)
- 5-year price change: +$30,505 (+30.9%)
- Typical home value: $129,243 (#33 most expensive city in metro)
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#12. Morton, Morton

- 1-year price change: +$20,235 (+9.3%)
- 5-year price change: +$43,942 (+22.6%)
- Typical home value: $238,104 (#7 most expensive city in metro)
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Stacker

#11. Mackinaw, Mackinaw

- 1-year price change: +$20,916 (+11.6%)
- 5-year price change: +$46,914 (+30.5%)
- Typical home value: $200,770 (#13 most expensive city in metro)

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Stacker

#10. Hanna City, Hanna City

- 1-year price change: +$21,073 (+13.1%)
- 5-year price change: +$41,693 (+29.8%)
- Typical home value: $181,775 (#19 most expensive city in metro)
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#9. Goodfield, Goodfield

- 1-year price change: +$21,391 (+9.2%)
- 5-year price change: +$56,083 (+28.3%)
- Typical home value: $254,251 (#3 most expensive city in metro)
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#8. Congerville, Congerville

- 1-year price change: +$21,586 (+10.5%)
- 5-year price change: +$54,581 (+31.6%)
- Typical home value: $227,211 (#8 most expensive city in metro)
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#7. Edwards, Edwards

- 1-year price change: +$22,698 (+9.8%)
- 5-year price change: +$49,522 (+24.3%)
- Typical home value: $253,699 (#4 most expensive city in metro)
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#6. Brimfield, Brimfield

- 1-year price change: +$23,298 (+10.7%)
- 5-year price change: +$49,231 (+25.6%)
- Typical home value: $241,667 (#5 most expensive city in metro)

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Stacker

#5. Germantown Hills, Germantown Hills

- 1-year price change: +$23,504 (+8.0%)
- 5-year price change: +$63,177 (+24.8%)
- Typical home value: $318,220 (#1 most expensive city in metro)
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#4. Trivoli, Trivoli

- 1-year price change: +$23,768 (+13.5%)
- 5-year price change: +$50,554 (+34.0%)
- Typical home value: $199,209 (#14 most expensive city in metro)
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#3. Mapleton, Mapleton

- 1-year price change: +$24,588 (+12.5%)
- 5-year price change: +$44,179 (+24.8%)
- Typical home value: $222,018 (#10 most expensive city in metro)
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#2. Edelstein, Edelstein

- 1-year price change: +$26,161 (+12.1%)
- 5-year price change: +$56,006 (+30.2%)
- Typical home value: $241,589 (#6 most expensive city in metro)
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#1. Dunlap, Dunlap

- 1-year price change: +$31,331 (+12.8%)
- 5-year price change: +$54,249 (+24.5%)
- Typical home value: $275,293 (#2 most expensive city in metro)

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