Metro area index
Home appreciation in the Peoria, IL metro area
FHFA HPI® data shows the Peoria, IL metro area's all-transactions index changed +3.7% over the year to Q2 2026, versus +6.0% for Illinois and +3.0% for the U.S. That ranks 176th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.7%
- 5-year change
- +44.6%
- Since Q1 1995
- +159%
- Metro rank (1 year)
- 176th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Peoria, IL vs Illinois and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Peoria, IL: 259.1
- Illinois: 283.5
- United States: 391.6
Appreciation by time window
| Window | Metro | IL | U.S. | Gap vs IL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.7% | +6.0% | +3.0% | −2.3 pts | +0.7 pts |
| 3 years | +21.8% | +21.8% | +12.9% | +0.0 pts | +8.9 pts |
| 5 years | +44.6% | +46.9% | +41.3% | −2.3 pts | +3.3 pts |
| 10 years | +56.5% | +75.6% | +93.3% | −19.1 pts | −36.8 pts |
| Since Q1 1995 | +159% | +184% | +292% | −24.4 pts | −132.5 pts |
3-digit ZIP regions in the Peoria, IL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 616 · Peoria, IL area | IL | +5.7% | +48.1% | +145% | 100% |
| 615 · Pekin, IL area | IL | +2.6% | +40.1% | +166% | 83% |
Boom, bust, and recovery in Peoria, IL area
Peoria, IL area's index peaked in Q1 2009, fell 3.3% to its low in Q1 2012, and regained its peak in Q1 2015, about 6 years after the top. Today it sits +56.7% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q1 2012 | -3.3% | Q1 2015 (6 yrs) | +56.7% |
| IL | Q1 2007 | Q2 2012 | -21.8% | Q2 2021 (14.2 yrs) | +51.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Peoria, IL area's index has changed +17.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.2% | +2.0% | -0.8% |
| 3 years | +9.8% | +10.9% | +10.9% | +2.8% |
| 5 years | +24.0% | +16.6% | +18.4% | +13.9% |
| 10 years | +39.1% | +12.6% | +26.3% | +39.0% |
| Since Q1 1995 | +121% | +17.0% | +28.0% | +76.8% |
If you bought in the Peoria, IL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +154% | $761,389 |
| Q2 2000 | +104% | $612,315 |
| Q2 2005 | +68.7% | $505,990 |
| Q2 2010 | +58.7% | $476,195 |
| Q2 2015 | +58.6% | $475,932 |
| Q2 2020 | +53.2% | $459,743 |
| Q2 2021 | +44.6% | $433,750 |
| Q2 2023 | +21.8% | $365,339 |
| Q2 2025 | +3.7% | $311,047 |
Frequently asked questions
- How much have home prices risen in the Peoria, IL area?
- FHFA HPI® data for the Peoria, IL metro area shows changes of +3.7% over one year, +44.6% over five years, and +56.5% over ten years to Q2 2026, and +159% since Q1 1995.
- Is the Peoria, IL area beating the national average?
- Over the past year the metro's index moved +0.7 pts versus the U.S.; over five years the gap is +3.3 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.