Comprehensive market data and analysis• Updated Dec 2025
60.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 7 | 8 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 9 | 11 |
Acreage buckets
The median price for land in East Peoria, Illinois is currently $48K per acre. For a typical parcel, the median sale price is $29K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $73K.
East Peoria, Illinois is currently a strong buyer's market with 60.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 260.0% year-over-year.
East Peoria, Illinois currently has 60.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 40 active listings in East Peoria, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $40K.
The 3-month absorption rate in East Peoria, Illinois is 1.7%. The 12-month rate is 3.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in East Peoria, Illinois typically sells within 359 days of listing. The median time on market is 119 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, East Peoria, Illinois saw 15 properties sold, totaling $582K in sales volume. In just the last 3 months, 2 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.