PEORIA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Peoria averaged 6.8% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

The average rate for the prior week (2024-11-07) was 6.61% and one month ago for the week of 2024-10-10, the average rate was 6.44%.

Peoria's average rate one year ago was 7.42%.

For refis of the same type during the week of 2024-11-14, the average rate was 7.08%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-14 6.78%
Peoria 30 Year Fixed Rate 2024-11-14 6.8%
Peoria 30 Year Fixed Rate Refi 2024-11-14 7.08%
Peoria 15 Year Fixed Rate 2024-11-14 6.08%
Peoria 15 Year Fixed Rate Refi 2024-11-14 5.89%
Peoria 30 Year FHA 2024-11-14 -0.23%
Peoria 30 Year FHA Refi 2024-11-14 -0.1%
Peoria 30 Year USDA 2024-11-14 0%
Peoria 30 Year USDA Refi 2024-11-14 -0.1%
Peoria 30 Year VA 2024-11-14 0.27%
Peoria 30 Year VA Refi 2024-11-14 0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within PEORIA, IL.

PEORIA Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the PEORIA, IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
CITIZENS EQUITY FIRST 505 6.44% $1,340
FLAT BRANCH MORTGAGE, INC. 411 6.78% $3,090
Morton Community Bank 258 6.43% $2,197
CALIBER HOME LOANS, INC. 238 6.39% $3,503
UNITED WHOLESALE MORTGAGE, LLC 169 6.85% $4,224
NEWREZ LLC 135 7.35% $3,677
FIRST STATE MORTGAGE SERVICES, LLC 100 6.76% $3,399
Fortress Bank 93 6.59% $2,245
INB 66 6.90% $2,287
QUICKEN LOANS, LLC 62 6.92% $4,494
Busey Bank 50 6.35% $2,462
JPMorgan Chase Bank 44 6.80% $2,968
CIBM Bank 42 6.62% $3,123
Heartland Bank and Trust Company 39 6.89% $2,187
LEADERONE FINANCIAL CORPORATION 33 6.85% $4,268
Wells Fargo Bank 33 6.79% $3,674
PNC Bank 31 6.77% $3,725
U.S. Bank 27 7.19% $2,710
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 24 6.96% $4,109
COMPASS MORTGAGE, INC. 16 7.33% $4,544
BROKER SOLUTIONS, INC. 15 7.31% $4,665
PROVIDENT FUNDING ASSOCIATES, L.P. 15 7.01% $3,144
CBI Bank & Trust 14 7.22% $2,742
Flanagan State Bank 13 7.27% $2,418
Community Mortgage Banc Corporation 12 6.49% $2,997
AMERICAN PACIFIC MORTGAGE CORPORATION 11 7.13% $3,944
COMPEER FINANCIAL, FLCA 11 7.98% $3,360
The Huntington National Bank 10 6.13% $3,123
GUARANTEED RATE, INC. 9 6.59% $3,850
Commerce Bank 9 6.65% $2,546
NAVY FEDERAL CREDIT UNION 9 6.69% $4,186
Petefish, Skiles & Co. 8 6.64% $2,422
Regions Bank 8 6.11% $3,804
LOANDEPOT.COM, LLC 7 7.09% $5,766
Bank of Pontiac 7 6.80% $2,218
United Community Bank 7 6.74% $1,669
BMO Harris Bank 7 6.23% $3,066
First Mid Bank & Trust 7 6.04% $2,375
Ixonia Bank 6 6.69% $3,931
USAA Federal Savings Bank 6 6.85% $3,549
Fifth Third Bank 6 6.54% $3,095
VAN DYK MORTGAGE CORPORATION 6 7.17% $4,961
ZILLOW HOME LOANS, LLC 5 7.38% $3,621
GREENSTATE CREDIT UNION 5 6.35% $3,498
Ally Bank 5 6.65% $6,661
Prairie State Bank and Trust 5 6.53% $1,898
ILLINOIS STATE CREDIT UNION 5 6.35% $2,038
I. H. MISSISSIPPI VALLEY CREDIT UNION 5 6.53% $2,204
Mortgage Research Center, LLC 5 6.62% $2,114
ROYAL UNITED MORTGAGE LLC 5 7.20% $6,002
IAA Credit Union 4 6.47% $2,040
Carrollton Bank 4 6.03% $2,214
HOMESIDE FINANCIAL, LLC 4 6.88% $3,479
Raymond James Bank 4 5.25% $2,339
GUIDANCE RESIDENTIAL, LLC 4 7.09% $3,568
GUILD MORTGAGE COMPANY 4 6.81% $3,130
Morgan Stanley Private Bank 4 6.18% $2,652
PENNYMAC LOAN SERVICES, LLC 3 6.96% $2,835
Bank of America 3 6.38% $4,470
Barrington Bank & Trust Company, N.A. 3 7.29% $3,041
BETTER MORTGAGE CORPORATION 3 6.13% $4,058
DAS Acquisition Company, LLC 3 6.63% $3,268
FREEDOM MORTGAGE CORPORATION 3 7.00% $6,249
Marine Bank 3 6.25% $2,109
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.50% $6,327
Neighborhood Loans, Inc. 3 6.54% $4,949
UNION HOME MORTGAGE CORP. 3 7.33% $4,122
First National Bank of America 2 9.44% $7,925
First Federal Savings Bank 2 6.68% $2,167
Heritage Bank 2 5.75% $3,503
Midland States Bank 2 6.44% $2,185
North American Savings Bank, F.S.B. 2 7.06% $5,206
Beeline Loans, Inc. 2 7.13% $5,081
RUOFF MORTGAGE COMPANY, INC. 2 6.81% $2,495
First Federal Savings and Loan Association of Lakewood 2 6.42% $2,550
GSF Mortgage Corporation 2 7.44% $3,872
Ottawa Savings Bank 2 6.88% $2,724
Key Mortgage Services, Inc. 2 7.00% $4,486
Deere Employees Credit Union 2 6.00% $2,592
LAKE MICHIGAN CREDIT UNION 2 5.19% $2,650
The Central Trust Bank 2 6.81% $3,374
The First National Bank of Ottawa 2 6.38% $2,323
Mr. Cooper ( Nationstar Mortgage ) 2 6.00% $6,960
Plains Commerce Bank 2 7.00% $4,310
UIF CORPORATION 2 7.25% $2,292
AMERICAN FINANCING CORPORATION 2 7.00% $6,486
Bank of Springfield 2 6.95% $3,270
FIRST CENTENNIAL MORTGAGE CORPORATION 2 6.19% $3,434
CHURCHILL MORTGAGE CORPORATION 2 6.00% $3,508
CHERRY CREEK MORTGAGE, LLC 2 6.50% $288
PREMIA MORTGAGE, LLC 2 6.81% $38
Nations Lending Corporation 2 6.88% $5,517
CROSSCOUNTRY MORTGAGE, LLC 2 7.79% $3,407
Discover Bank 2 8.62% $0
Pacor Mortgage Corp 1 6.50% $3,118
Paramount Residential Mortgage Group, Inc. 1 7.25% $2,566
ACADEMY MORTGAGE CORPORATION 1 7.25% $6,620
CMG MORTGAGE, INC. 1 6.50% $2,383
PLAZA HOME MORTGAGE, INC. 1 9.00% $7,043
Presidential Bank, FSB 1 6.63% $4,071
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $2,815
Central Bank Illinois 1 7.38% $2,190
PURDUE FEDERAL CREDIT UNION 1 6.38% $2,131
Centier Bank 1 6.50% $4,303
BM Real Estate Services, Inc. 1 6.75% $3,448
Blackhawk Bank 1 6.00% $4,180
R.I.A. Federal Credit Union 1 6.13% $3,012
SeaTrust Mortgage Company 1 6.88% $2,957
Semper Home Loans, Inc. 1 5.75% $1,386
Sierra Pacific Mortgage Company, Inc. 1 7.50% $5,011
Stillman Bank 1 5.88% $2,129
SUCCESS MORTGAGE PARTNERS, INC. 1 7.13% $3,517
Summit Credit Union 1 6.25% $3,005
Baxter Credit Union 1 5.88% $4,319
UBS Bank USA 1 5.75% $2,647
Associated Bank 1 6.75% $2,181
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.62% $6,470
AMERISAVE MORTGAGE CORPORATION 1 8.38% $7,730
FRONTIER FINANCIAL, INC. 1 6.88% $2,601
GATEWAY MORTGAGE CORPORATION 1 6.50% $3,187
GERSHMAN INVESTMENT CORP. 1 7.50% $2,635
Grundy Bank 1 7.25% $2,027
Flagstar Bank, FSB 1 7.25% $2,507
GUARANTEED RATE AFFINITY, LLC 1 7.38% $939
First National Bank of Omaha 1 7.88% $4,633
First Merchants Bank 1 5.88% $2,650
HEARTLAND 1 6.88% $2,684
First Federal Bank 1 7.50% $4,320
First Bankers Trust Company 1 7.25% $1,826
Farm Credit Mid-America, ACA 1 6.75% $12,088
EVANSVILLE TEACHERS 1 6.50% $2,358
JLB CORPORATION 1 6.63% $2,859
DUPACO COMMUNITY 1 5.50% $2,426
LAKEVIEW LOAN SERVICING, LLC 1 7.63% $4,301
LENDSURE MORTGAGE CORP. 1 8.88% $8,600
DIGITAL Federal Credit Union 1 5.38% $2,204
AmeriHome Mortgage Company, LLC 1 6.99% $4,543
DELMAR FINANCIAL COMPANY 1 7.00% $5,781
MORTGAGE ACCESS CORP. 1 6.38% $6,509
MORTGAGE CENTER L.C 1 7.38% $2,982
DEEPHAVEN MORTGAGE LLC 1 10.25% $8,375
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.38% $4,071
NBKC BANK 1 6.63% $4,612
WRIGHT-PATT CREDIT UNION, INC. 1 5.38% $2,515
Colonial Savings, F.A. 1 6.75% $4,215
NFM, INC. 1 7.50% $10,241
Nicolet National Bank 1 7.00% $2,721
NUMARK CREDIT UNION 1 6.50% $2,453
Old National Bank 1 6.75% $2,395

PEORIA Average Closing Costs & Other Stats

PEORIA, IL's 149 lenders originated 7,421 loans during 2023. The total origination value was $1,094,855,000, with an average loan value of $147,535.

PEORIA's average closing costs are $3,114.

The top PEORIA lender as defined by loan originations is CITIZENS EQUITY FIRST, with 505 loans originated. Their average total fees are $1,340, which is $1,749 lower than the next largest lender, FLAT BRANCH MORTGAGE, INC..

The lowest fee PEORIA lenders (with over 10 loans originated) are CITIZENS EQUITY FIRST ($1,340), Heartland Bank and Trust Company ($2,187), Morton Community Bank ($2,197), Fortress Bank ($2,245) and INB ($2,287).

The lowest rate PEORIA lenders (with over 10 loans originated) are The Huntington National Bank (6.13%), Busey Bank (6.35%), CALIBER HOME LOANS, INC. (6.39%), Morton Community Bank (6.43%) and CITIZENS EQUITY FIRST (6.44%).

PEORIA, IL Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
CITIZENS EQUITY FIRST $234,170,000 $158,600,000 -32.3% 14.5%
FLAT BRANCH MORTGAGE, INC. $111,240,000 $96,525,000 -13.2% 8.8%
Morton Community Bank $116,755,000 $95,555,000 -18.2% 8.7%
CALIBER HOME LOANS, INC. $115,370,000 $67,225,000 -41.7% 6.1%
UNITED WHOLESALE MORTGAGE, LLC $45,425,000 $47,860,000 5.4% 4.4%
Merchants Bank of Indiana $39,560,000 n/a 3.6%
NEWREZ LLC $1,455,000 $35,005,000 2,305.8% 3.2%
Fortress Bank $25,210,000 $29,600,000 17.4% 2.7%
INB $33,565,000 $25,320,000 -24.6% 2.3%
QUICKEN LOANS, LLC $41,430,000 $25,320,000 -38.9% 2.3%
Goodfield State Bank $40,445,000 $24,120,000 -40.4% 2.2%
GREYSTONE SERVICING COMPANY LLC $7,870,000 $23,160,000 194.3% 2.1%
Mortgage Research Center, LLC $25,660,000 $23,100,000 -10.0% 2.1%
FIRST STATE MORTGAGE SERVICES, LLC $21,645,000 $22,865,000 5.6% 2.1%
CBI Bank & Trust $13,560,000 $21,375,000 57.6% 2.0%
Centier Bank $19,980,000 n/a 1.8%
PNC Bank $32,265,000 $19,770,000 -38.7% 1.8%
Busey Bank $30,620,000 $12,170,000 -60.3% 1.1%
LEADERONE FINANCIAL CORPORATION $8,495,000 $12,080,000 42.2% 1.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,170,000 $11,055,000 35.3% 1.0%
JPMorgan Chase Bank $19,330,000 $10,305,000 -46.7% 0.9%
U.S. Bank $9,265,000 $9,325,000 0.6% 0.9%
MidAmerica National Bank $11,200,000 $9,030,000 -19.4% 0.8%
CIBM Bank $920,000 $8,215,000 792.9% 0.8%
Heartland Bank and Trust Company $10,125,000 $8,000,000 -21.0% 0.7%
Commerce Bank $8,480,000 $7,610,000 -10.3% 0.7%
Wells Fargo Bank $33,160,000 $7,330,000 -77.9% 0.7%
Flanagan State Bank $9,040,000 $7,235,000 -20.0% 0.7%
Ipava State Bank $11,800,000 $6,485,000 -45.0% 0.6%
COMPEER FINANCIAL, FLCA $3,095,000 $6,380,000 106.1% 0.6%
NAVY FEDERAL CREDIT UNION $5,445,000 $6,170,000 13.3% 0.6%
BROKER SOLUTIONS, INC. $3,995,000 $6,150,000 53.9% 0.6%
Bank of Farmington $5,385,000 n/a 0.5%
Prairie State Bank and Trust $6,740,000 $5,045,000 -25.1% 0.5%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,560,000 $4,885,000 213.1% 0.4%
COMPASS MORTGAGE, INC. $1,380,000 $4,780,000 246.4% 0.4%
The Huntington National Bank $5,400,000 $4,675,000 -13.4% 0.4%
Midland States Bank $130,000 $4,625,000 3,457.7% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $12,395,000 $4,005,000 -67.7% 0.4%
Barings Multifamily Capital $3,925,000 n/a 0.4%
LOANDEPOT.COM, LLC $6,290,000 $3,860,000 -38.6% 0.4%
Regions Bank $2,085,000 $3,740,000 79.4% 0.3%
USAA Federal Savings Bank $3,180,000 $3,670,000 15.4% 0.3%
First National Bank in Tremont $3,515,000 n/a 0.3%
Better Banks $20,240,000 $3,360,000 -83.4% 0.3%
GUARANTEED RATE, INC. $13,140,000 $3,125,000 -76.2% 0.3%
BMO Harris Bank $1,930,000 $2,705,000 40.2% 0.2%
GUILD MORTGAGE COMPANY $440,000 $2,705,000 514.8% 0.2%
Fifth Third Bank $4,045,000 $2,600,000 -35.7% 0.2%
FREEDOM MORTGAGE CORPORATION $4,100,000 $2,480,000 -39.5% 0.2%
First State Bank of Forrest $3,965,000 $2,405,000 -39.3% 0.2%
Washington State Bank $2,240,000 n/a 0.2%
Community Partners Savings Bank $4,595,000 $2,205,000 -52.0% 0.2%
Paramount Residential Mortgage Group, Inc. $7,510,000 $2,110,000 -71.9% 0.2%
Raymond James Bank $2,060,000 n/a 0.2%
Valley National Bank $2,055,000 n/a 0.2%
AMERISAVE MORTGAGE CORPORATION $5,395,000 $1,955,000 -63.8% 0.2%
Resource Bank, N.A. $1,915,000 n/a 0.2%
Community Mortgage Banc Corporation $2,530,000 $1,910,000 -24.5% 0.2%
Bank of Pontiac $3,315,000 $1,885,000 -43.1% 0.2%
First Mid Bank & Trust $4,140,000 $1,740,000 -58.0% 0.2%
VAN DYK MORTGAGE CORPORATION $480,000 $1,735,000 261.5% 0.2%
Morgan Stanley Private Bank $655,000 $1,690,000 158.0% 0.2%
United Community Bank $980,000 $1,650,000 68.4% 0.2%
First State Bank $185,000 $1,600,000 764.9% 0.1%
I. H. MISSISSIPPI VALLEY CREDIT UNION $895,000 $1,580,000 76.5% 0.1%
GUIDANCE RESIDENTIAL, LLC $485,000 $1,565,000 222.7% 0.1%
Nations Lending Corporation $935,000 $1,565,000 67.4% 0.1%
Ixonia Bank $135,000 $1,560,000 1,055.6% 0.1%
Havana National Bank $1,540,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $1,405,000 $1,510,000 7.5% 0.1%
Petefish, Skiles & Co. $3,250,000 $1,475,000 -54.6% 0.1%
Flagstar Bank, FSB $6,710,000 $1,440,000 -78.5% 0.1%
Mr. Cooper ( Nationstar Mortgage ) $5,815,000 $1,430,000 -75.4% 0.1%
Barrington Bank & Trust Company, N.A. $2,130,000 $1,420,000 -33.3% 0.1%
Redbrand Credit Union $1,275,000 $1,405,000 10.2% 0.1%
Neighborhood Loans, Inc. $685,000 $1,385,000 102.2% 0.1%
PENNYMAC LOAN SERVICES, LLC $4,125,000 $1,385,000 -66.4% 0.1%
STATE BANK OFTOULON $1,385,000 n/a 0.1%
GREENSTATE CREDIT UNION $1,480,000 $1,370,000 -7.4% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $1,675,000 $1,300,000 -22.4% 0.1%
Midwest Bank $4,465,000 $1,300,000 -70.9% 0.1%
Iroquois Federal Savings and Loan Association $1,255,000 n/a 0.1%
Discover Bank $800,000 $1,225,000 53.1% 0.1%
ILLINOIS STATE CREDIT UNION $735,000 $1,200,000 63.3% 0.1%
Ally Bank $1,310,000 $1,170,000 -10.7% 0.1%
Carrington Mortgage Services, LLC $1,690,000 $1,145,000 -32.2% 0.1%
Farm Credit Mid-America, ACA $1,095,000 n/a 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $790,000 $1,040,000 31.6% 0.1%
Associated Bank $2,485,000 $975,000 -60.8% 0.1%
DAS Acquisition Company, LLC $510,000 $965,000 89.2% 0.1%
First Federal Savings and Loan Association of Lakewood $965,000 n/a 0.1%
First State Bank $185,000 $930,000 402.7% 0.1%
Figure Lending LLC $670,000 $915,000 36.6% 0.1%
ROYAL UNITED MORTGAGE LLC $1,375,000 $890,000 -35.3% 0.1%
Carrollton Bank $980,000 $875,000 -10.7% 0.1%
IAA Credit Union $1,175,000 $875,000 -25.5% 0.1%
Bank of America $4,430,000 $845,000 -80.9% 0.1%
GERSHMAN INVESTMENT CORP. $95,000 $815,000 757.9% 0.1%
CARDINAL FINANCIAL $1,485,000 $805,000 -45.8% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,260,000 $795,000 -36.9% 0.1%
Coastal Community Bank $780,000 n/a 0.1%
PREMIA MORTGAGE, LLC $440,000 $780,000 77.3% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $265,000 $775,000 192.5% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,965,000 $720,000 -63.4% 0.1%
ZILLOW HOME LOANS, LLC $870,000 $715,000 -17.8% 0.1%
CHERRY CREEK MORTGAGE, LLC $575,000 $710,000 23.5% 0.1%
Old National Bank $255,000 $695,000 172.5% 0.1%
Bank of Springfield $560,000 $690,000 23.2% 0.1%
The Central Trust Bank $305,000 $685,000 124.6% 0.1%
21ST MORTGAGE CORPORATION $1,440,000 $680,000 -52.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $835,000 $665,000 -20.4% 0.1%
AMERICAN FINANCING CORPORATION $1,815,000 $655,000 -63.9% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $165,000 $655,000 297.0% 0.1%
NBKC BANK $290,000 $630,000 117.2% 0.1%
Mid-Continent Funding, Inc. $620,000 n/a 0.1%
UIF CORPORATION $1,555,000 $605,000 -61.1% 0.1%
HOMESIDE FINANCIAL, LLC $1,135,000 $595,000 -47.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $325,000 $590,000 81.5% 0.1%
PLAZA HOME MORTGAGE, INC. $1,480,000 $590,000 -60.1% 0.1%
First National Bank of Omaha $15,000 $560,000 3,633.3% 0.1%
DIGITAL Federal Credit Union $55,000 $550,000 900.0% 0.1%
North American Savings Bank, F.S.B. $770,000 $530,000 -31.2% 0.0%
First National Bank of America $520,000 n/a 0.0%
Deere Employees Credit Union $720,000 $515,000 -28.5% 0.0%
GSF Mortgage Corporation $190,000 $485,000 155.3% 0.0%
Marine Bank $2,925,000 $485,000 -83.4% 0.0%
UNION HOME MORTGAGE CORP. $1,000,000 $475,000 -52.5% 0.0%
Central Bank Illinois $6,450,000 $470,000 -92.7% 0.0%
Peoples National Bank of Kewanee $470,000 n/a 0.0%
First Security Bank $465,000 n/a 0.0%
AXIA FINANCIAL, LLC $185,000 $460,000 148.6% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $85,000 $460,000 441.2% 0.0%
TRIAD FINANCIAL SERVICES, INC. $445,000 $455,000 2.2% 0.0%
LAKE MICHIGAN CREDIT UNION $450,000 n/a 0.0%
Hickory Point Bank and Trust $865,000 $440,000 -49.1% 0.0%
Key Mortgage Services, Inc. $95,000 $435,000 357.9% 0.0%
TOWNE MORTGAGE COMPANY $425,000 n/a 0.0%
Baxter Credit Union $420,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $420,000 n/a 0.0%
Armed Forces Bank $405,000 n/a 0.0%
Merchants and Manufacturers Bank $395,000 n/a 0.0%
Stillman Bank $395,000 n/a 0.0%
NFM, INC. $375,000 $385,000 2.7% 0.0%
Alliance Community Bank $420,000 $375,000 -10.7% 0.0%
CMG MORTGAGE, INC. $1,575,000 $370,000 -76.5% 0.0%
NEW DAY FINANCIAL, LLC $970,000 $355,000 -63.4% 0.0%
Heritage Bank $350,000 n/a 0.0%
First Merchants Bank $345,000 n/a 0.0%
Nicolet National Bank $345,000 n/a 0.0%
UBS Bank USA $345,000 n/a 0.0%
Plains Commerce Bank $195,000 $340,000 74.4% 0.0%
VILLAGE CAPITAL MORTGAGE $495,000 $340,000 -31.3% 0.0%
SENB Bank $325,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $505,000 $320,000 -36.6% 0.0%
AMERICAN HERITAGE LENDING, INC. $315,000 n/a 0.0%
KELLER MORTGAGE, LLC $315,000 n/a 0.0%
M&T Bank $210,000 $310,000 47.6% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $305,000 n/a 0.0%
Citizens State Bank of New Castle $300,000 n/a 0.0%
Bank & Trust Company $130,000 $295,000 126.9% 0.0%
First Federal Bank $285,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $200,000 $285,000 42.5% 0.0%
Bankers' Bank $615,000 $275,000 -55.3% 0.0%
LENDSURE MORTGAGE CORP. $275,000 n/a 0.0%
MORTGAGE ACCESS CORP. $275,000 n/a 0.0%
Ottawa Savings Bank $725,000 $275,000 -62.1% 0.0%
First Federal Savings Bank $210,000 $270,000 28.6% 0.0%
LIMA ONE CAPITAL, LLC $1,530,000 $255,000 -83.3% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $315,000 $255,000 -19.0% 0.0%
SPRING EQ, LLC $230,000 $250,000 8.7% 0.0%
The First National Bank of Ottawa $250,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $160,000 $245,000 53.1% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $245,000 n/a 0.0%
Magnolia Bank $245,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $135,000 $245,000 81.5% 0.0%
Midwest Heritage Bank FSB $455,000 $240,000 -47.3% 0.0%
Logan Finance Corporation $235,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $2,075,000 $230,000 -88.9% 0.0%
DELMAR FINANCIAL COMPANY $355,000 $225,000 -36.6% 0.0%
R.I.A. Federal Credit Union $225,000 n/a 0.0%
Semper Home Loans, Inc. $225,000 n/a 0.0%
Lakeview Community Capital, LLC $205,000 $215,000 4.9% 0.0%
FRONTIER FINANCIAL, INC. $205,000 n/a 0.0%
SUMMIT FUNDING, INC. $200,000 n/a 0.0%
Wyoming Bank & Trust $195,000 n/a 0.0%
MORTGAGEONE, INC. $185,000 n/a 0.0%
PLANET HOME LENDING, LLC $305,000 $185,000 -39.3% 0.0%
A&D Mortgage LLC $175,000 n/a 0.0%
Northpointe Bank $175,000 n/a 0.0%
Security Bank, s.b. $175,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $145,000 $175,000 20.7% 0.0%
Third Federal Savings and Loan Association of Cleveland $750,000 $175,000 -76.7% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $425,000 $170,000 -60.0% 0.0%
BM Real Estate Services, Inc. $75,000 $165,000 120.0% 0.0%
Colonial Savings, F.A. $205,000 $165,000 -19.5% 0.0%
Commerce Home Mortgage, Inc. $165,000 n/a 0.0%
JLB CORPORATION $155,000 $165,000 6.5% 0.0%
MID AMERICA MORTGAGE, INC. $160,000 n/a 0.0%
HEARTLAND $155,000 n/a 0.0%
Residential Mortgage Solutions, Inc. $185,000 $155,000 -16.2% 0.0%
Waterstone Mortgage Corporation $3,005,000 $150,000 -95.0% 0.0%
Peoples Bank of Kankakee County $145,000 n/a 0.0%
Presidential Bank, FSB $195,000 $145,000 -25.6% 0.0%
UNIVERSITY OF ILLINOIS COMMUNITY $215,000 $145,000 -32.6% 0.0%
West Central Bank $145,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $145,000 n/a 0.0%
Beeline Loans, Inc. $140,000 n/a 0.0%
Streator Onized Credit Union $360,000 $140,000 -61.1% 0.0%
American Mortgage & Equity Consultants, Inc. $135,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $135,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $2,160,000 $135,000 -93.8% 0.0%
SeaTrust Mortgage Company $135,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $130,000 n/a 0.0%
Blackhawk Bank $125,000 n/a 0.0%
DIGNIFIED HOME LOANS, LLC $125,000 n/a 0.0%
GATEWAY MORTGAGE CORPORATION $125,000 n/a 0.0%
Paramount Bank $125,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $125,000 n/a 0.0%
The Bradford National Bank of Greenville $155,000 $125,000 -19.4% 0.0%
DUPACO COMMUNITY $115,000 n/a 0.0%
First Financial Bank $245,000 $115,000 -53.1% 0.0%
Citizens Bank $1,575,000 $110,000 -93.0% 0.0%
ALLIANT CREDIT UNION $125,000 $105,000 -16.0% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $105,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $280,000 $105,000 -62.5% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $75,000 $105,000 40.0% 0.0%
CoVantage Credit Union $105,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $105,000 n/a 0.0%
Pacor Mortgage Corp $185,000 $105,000 -43.2% 0.0%
Summit Credit Union $180,000 $105,000 -41.7% 0.0%
First Bankers Trust Company $1,365,000 $100,000 -92.7% 0.0%
PURDUE FEDERAL CREDIT UNION $205,000 $95,000 -53.7% 0.0%
TIB The Independent Bankersbank $95,000 n/a 0.0%
UNITED HOME LOANS, INC. $175,000 $95,000 -45.7% 0.0%
First American Bank $65,000 $85,000 30.8% 0.0%
FirstBank $90,000 $85,000 -5.6% 0.0%
HOMESITE MORTGAGE, LLC $85,000 n/a 0.0%
MORTGAGE CENTER L.C $125,000 $85,000 -32.0% 0.0%
Union Federal Savings and Loan Association $430,000 $80,000 -81.4% 0.0%
CORNERSTONE HOME LENDING, INC. $75,000 n/a 0.0%
Grundy Bank $560,000 $75,000 -86.6% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $75,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $75,000 n/a 0.0%
NUMARK CREDIT UNION $75,000 $65,000 -13.3% 0.0%
TBK BANK, SSB $45,000 $65,000 44.4% 0.0%
MidFirst Bank $55,000 n/a 0.0%
Prosperity Home Mortgage, LLC $110,000 $55,000 -50.0% 0.0%
Sauk Valley Bank & Trust Company $55,000 n/a 0.0%
Blackhawk Bank & Trust $45,000 n/a 0.0%
EVANSVILLE TEACHERS $45,000 n/a 0.0%
Wood & Huston Bank $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $25,000 n/a 0.0%
American Bank and Trust Company $135,000 $5,000 -96.3% 0.0%

PEORIA's top lender by overall market share is CITIZENS EQUITY FIRST, with 14.5% market share. In second place, with 8.8%, is FLAT BRANCH MORTGAGE, INC., having originated $96,525,000 in loans. In third place, with 8.7%, is Morton Community Bank, having originated $95,555,000 in loans. In fourth place, with 6.1%, is CALIBER HOME LOANS, INC., having originated $67,225,000 in loans. In fifth place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $47,860,000 in loans.


PEORIA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - PEORIA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $129,700 (-0.2%) $169,761 (-2.5%) 0.48 2,306
2018-02-01 $129,900 (0.0%) $170,981 (-2.0%) 0.47 2,301
2018-03-01 $129,900 (-6.7%) $169,851 (-7.0%) 0.46 2,518
2018-04-01 $129,900 (-7.2%) $170,758 (-9.1%) 0.44 2,551
2018-05-01 $131,975 (-6.4%) $172,178 (-10.3%) 0.44 2,647
2018-06-01 $134,900 (-6.9%) $175,372 (-10.2%) 0.45 2,680
2018-07-01 $134,900 (-7.5%) $175,535 (-9.2%) 0.45 2,740
2018-08-01 $134,325 (-6.0%) $175,114 (-7.5%) 0.45 2,744
2018-09-01 $129,900 (-7.2%) $169,961 (-7.8%) 0.44 2,692
2018-10-01 $129,700 (-5.3%) $167,374 (-5.7%) 0.44 2,652
2018-11-01 $125,000 (-7.4%) $165,431 (-6.2%) 0.42 2,433
2018-12-01 $124,900 (-3.9%) $160,925 (-5.9%) 0.43 2,218
2019-01-01 $124,900 (-3.7%) $159,211 (-6.2%) 0.43 2,033
2019-02-01 $125,375 (-3.5%) $160,555 (-6.1%) 0.42 1,994
2019-03-01 $129,386 (-0.4%) $164,642 (-3.1%) 0.42 2,018
2019-04-01 $134,200 (3.3%) $170,223 (-0.3%) 0.43 2,065
2019-05-01 $134,025 (1.6%) $173,603 (0.8%) 0.42 2,157
2019-06-01 $134,900 (0.0%) $174,082 (-0.7%) 0.42 2,216
2019-07-01 $134,900 (0.0%) $175,504 (0.0%) 0.42 2,267
2019-08-01 $133,536 (-0.6%) $173,481 (-0.9%) 0.42 2,332
2019-09-01 $131,491 (1.2%) $172,189 (1.3%) 0.42 2,355
2019-10-01 $129,700 (0.0%) $170,971 (2.2%) 0.42 2,375
2019-11-01 $124,900 (-0.1%) $166,502 (0.7%) 0.41 2,318
2019-12-01 $119,900 (-4.0%) $160,982 (0.0%) 0.40 2,150
2020-01-01 $119,900 (-4.0%) $160,236 (0.6%) 0.40 1,982
2020-02-01 $119,900 (-4.4%) $160,778 (0.1%) 0.39 1,886
2020-03-01 $123,800 (-4.3%) $164,848 (0.1%) 0.39 1,908
2020-04-01 $124,900 (-6.9%) $169,204 (-0.6%) 0.39 1,865
2020-05-01 $127,500 (-4.9%) $177,351 (2.2%) 0.39 1,818
2020-06-01 $129,313 (-4.1%) $178,410 (2.5%) 0.38 1,676
2020-07-01 $129,900 (-3.7%) $179,577 (2.3%) 0.38 1,586
2020-08-01 $124,900 (-6.5%) $172,450 (-0.6%) 0.36 1,531
2020-09-01 $122,225 (-7.1%) $173,203 (0.6%) 0.35 1,446
2020-10-01 $119,900 (-7.6%) $172,477 (0.9%) 0.34 1,387
2020-11-01 $114,900 (-8.0%) $168,261 (1.1%) 0.34 1,334
2020-12-01 $110,925 (-7.5%) $161,543 (0.4%) 0.33 1,222
2021-01-01 $109,250 (-8.9%) $158,044 (-1.4%) 0.33 1,113
2021-02-01 $99,900 (-16.7%) $152,254 (-5.3%) 0.29 972
2021-03-01 $98,950 (-20.1%) $157,104 (-4.7%) 0.28 872
2021-04-01 $107,438 (-14.0%) $177,383 (4.8%) 0.29 739
2021-05-01 $109,900 (-13.8%) $187,571 (5.8%) 0.29 707
2021-06-01 $111,950 (-13.4%) $192,363 (7.8%) 0.29 758
2021-07-01 $112,500 (-13.4%) $188,119 (4.8%) 0.30 877
2021-08-01 $119,563 (-4.3%) $189,360 (9.8%) 0.32 896
2021-09-01 $117,234 (-4.1%) $187,868 (8.5%) 0.31 942
2021-10-01 $110,000 (-8.3%) $178,326 (3.4%) 0.29 910
2021-11-01 $104,950 (-8.7%) $169,928 (1.0%) 0.28 863
2021-12-01 $99,900 (-9.9%) $167,456 (3.7%) 0.27 727
2022-01-01 $94,900 (-13.1%) $161,759 (2.4%) 0.26 628
2022-02-01 $89,900 (-10.0%) $162,619 (6.8%) 0.23 521
2022-03-01 $99,900 (1.0%) $191,062 (21.6%) 0.25 482
2022-04-01 $102,400 (-4.7%) $195,563 (10.3%) 0.24 464
2022-05-01 $136,950 (24.6%) $222,255 (18.5%) 0.31 508
2022-06-01 $149,900 (33.9%) $221,459 (15.1%) 0.33 602
2022-07-01 $149,900 (33.2%) $223,641 (18.9%) 0.34 746
2022-08-01 $154,450 (29.2%) $229,454 (21.2%) 0.36 778
2022-09-01 $152,300 (29.9%) $230,152 (22.5%) 0.36 788
2022-10-01 $149,000 (35.5%) $222,664 (24.9%) 0.35 803
2022-11-01 $144,923 (38.1%) $214,475 (26.2%) 0.35 760
2022-12-01 $134,900 (35.0%) $203,421 (21.5%) 0.33 678
2023-01-01 $134,075 (41.3%) $206,323 (27.6%) 0.33 583
2023-02-01 $129,875 (44.5%) $205,771 (26.5%) 0.31 474
2023-03-01 $139,200 (39.3%) $219,812 (15.1%) 0.33 414
2023-04-01 $145,000 (41.6%) $224,004 (14.5%) 0.34 407
2023-05-01 $148,675 (8.6%) $237,006 (6.6%) 0.34 424
2023-06-01 $169,675 (13.2%) $246,019 (11.1%) 0.38 431
2023-07-01 $169,950 (13.4%) $238,137 (6.5%) 0.39 446
2023-08-01 $162,445 (5.2%) $235,264 (2.5%) 0.37 468
2023-09-01 $168,950 (10.9%) $238,965 (3.8%) 0.39 513
2023-10-01 $164,800 (10.6%) $231,967 (4.2%) 0.39 565
2023-11-01 $149,950 (3.5%) $220,905 (3.0%) 0.36 585
2023-12-01 $144,900 (7.4%) $212,173 (4.3%) 0.35 562
2024-01-01 $139,900 (4.3%) $205,758 (-0.3%) 0.34 488
2024-02-01 $134,950 (3.9%) $207,087 (0.6%) 0.32 478
2024-03-01 $149,900 (7.7%) $225,585 (2.6%) 0.35 470
2024-04-01 $149,925 (3.4%) $235,617 (5.2%) 0.35 444
2024-05-01 $179,425 (20.7%) $258,158 (8.9%) 0.41 463
2024-06-01 $176,500 (4.0%) $246,230 (0.1%) 0.40 504
2024-07-01 $175,000 (3.0%) $246,583 (3.6%) 0.40 572
2024-08-01 $177,750 (9.4%) $239,506 (1.8%) 0.41 637
2024-09-01 $173,175 (2.5%) $233,780 (-2.2%) 0.41 669
2024-10-01 $159,950 (-2.9%) $212,679 (-8.3%) 0.38 670
PEORIA's median listing price for 2024-10-01 was $159,950, a difference of $-4,850 (-2.9%) versus the prior year and $-13,225 versus the prior month.

PEORIA's median listing price comes in at 38% of the national average.

PEORIA's average listing price for 2024-10-01 was $212,679, a difference of $-19,288 (-8.3%) versus the prior year and $-21,101 versus the prior month.

For the 2024-10-01 period, PEORIA had 670 MLS listings, a difference of 1 listings (0%) versus the prior month and 105 listings (19%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - PEORIA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 96 days 1,822 sqft
2018-02-01 95 days 1,832 sqft
2018-03-01 68 days 1,832 sqft
2018-04-01 59 days 1,845 sqft
2018-05-01 65 days 1,856 sqft
2018-06-01 61 days 1,856 sqft
2018-07-01 66 days 1,865 sqft
2018-08-01 68 days 1,856 sqft
2018-09-01 72 days 1,845 sqft
2018-10-01 78 days 1,820 sqft
2018-11-01 80 days 1,810 sqft
2018-12-01 87 days 1,777 sqft
2019-01-01 89 days 1,784 sqft
2019-02-01 92 days 1,760 sqft
2019-03-01 82 days 1,784 sqft
2019-04-01 69 days 1,830 sqft
2019-05-01 59 days 1,785 sqft
2019-06-01 59 days 1,760 sqft
2019-07-01 61 days 1,874 sqft
2019-08-01 62 days 1,859 sqft
2019-09-01 65 days 1,828 sqft
2019-10-01 67 days 1,802 sqft
2019-11-01 73 days 1,783 sqft
2019-12-01 85 days 1,744 sqft
2020-01-01 92 days 1,740 sqft
2020-02-01 94 days 1,732 sqft
2020-03-01 72 days 1,742 sqft
2020-04-01 72 days 1,759 sqft
2020-05-01 72 days 1,772 sqft
2020-06-01 68 days 1,775 sqft
2020-07-01 61 days 1,782 sqft
2020-08-01 53 days 1,766 sqft
2020-09-01 58 days 1,731 sqft
2020-10-01 61 days 1,721 sqft
2020-11-01 58 days 1,634 sqft
2020-12-01 61 days 1,568 sqft
2021-01-01 72 days 1,571 sqft
2021-02-01 73 days 1,519 sqft
2021-03-01 59 days 1,484 sqft
2021-04-01 47 days 1,549 sqft
2021-05-01 41 days 1,533 sqft
2021-06-01 34 days 1,567 sqft
2021-07-01 36 days 1,586 sqft
2021-08-01 39 days 1,617 sqft
2021-09-01 44 days 1,591 sqft
2021-10-01 45 days 1,541 sqft
2021-11-01 47 days 1,454 sqft
2021-12-01 58 days 1,431 sqft
2022-01-01 62 days 1,380 sqft
2022-02-01 57 days 1,333 sqft
2022-03-01 49 days 1,368 sqft
2022-04-01 34 days 1,382 sqft
2022-05-01 30 days 1,562 sqft
2022-06-01 35 days 1,690 sqft
2022-07-01 34 days 1,700 sqft
2022-08-01 42 days 1,737 sqft
2022-09-01 46 days 1,738 sqft
2022-10-01 49 days 1,735 sqft
2022-11-01 51 days 1,720 sqft
2022-12-01 56 days 1,620 sqft
2023-01-01 67 days 1,674 sqft
2023-02-01 59 days 1,595 sqft
2023-03-01 47 days 1,592 sqft
2023-04-01 39 days 1,618 sqft
2023-05-01 36 days 1,649 sqft
2023-06-01 40 days 1,726 sqft
2023-07-01 40 days 1,701 sqft
2023-08-01 37 days 1,692 sqft
2023-09-01 40 days 1,758 sqft
2023-10-01 39 days 1,724 sqft
2023-11-01 41 days 1,687 sqft
2023-12-01 50 days 1,696 sqft
2024-01-01 60 days 1,657 sqft
2024-02-01 48 days 1,579 sqft
2024-03-01 36 days 1,618 sqft
2024-04-01 42 days 1,619 sqft
2024-05-01 31 days 1,768 sqft
2024-06-01 31 days 1,736 sqft
2024-07-01 36 days 1,764 sqft
2024-08-01 37 days 1,750 sqft
2024-09-01 38 days 1,717 sqft
2024-10-01 40 days 1,631 sqft
PEORIA's median listing age (time on market) for 2024-10-01 was 40 days. This is 3% longer than the same period one year ago.

PEORIA's median square footage for active listings during the 2024-10-01 period was 1,631 sqft. One year prior, the average listing was 1,724 sqft.

PEORIA, IL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
61321 Peoria, IL HUD Metro FMR Area $600 $660 $840 $1,090 $1,140
61334 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61336 Peoria, IL HUD Metro FMR Area $560 $620 $790 $1,030 $1,070
61345 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61358 Peoria, IL HUD Metro FMR Area $580 $650 $820 $1,070 $1,110
61369 Peoria, IL HUD Metro FMR Area $560 $620 $780 $1,010 $1,050
61375 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61377 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61421 Peoria, IL HUD Metro FMR Area $620 $690 $870 $1,130 $1,180
61424 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61426 Peoria, IL HUD Metro FMR Area $570 $630 $800 $1,040 $1,090
61434 Peoria, IL HUD Metro FMR Area $540 $640 $800 $1,050 $1,190
61443 Peoria, IL HUD Metro FMR Area $540 $650 $800 $1,050 $1,190
61449 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61451 Peoria, IL HUD Metro FMR Area $580 $650 $820 $1,070 $1,110
61479 Peoria, IL HUD Metro FMR Area $560 $620 $780 $1,020 $1,060
61483 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61489 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61491 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61516 Peoria, IL HUD Metro FMR Area $570 $630 $800 $1,040 $1,080
61517 Peoria, IL HUD Metro FMR Area $640 $710 $900 $1,170 $1,220
61520 Peoria, IL HUD Metro FMR Area $640 $650 $850 $1,050 $1,400
61523 Peoria, IL HUD Metro FMR Area $650 $720 $910 $1,180 $1,230
61525 Peoria, IL HUD Metro FMR Area $840 $920 $1,170 $1,520 $1,580
61526 Peoria, IL HUD Metro FMR Area $680 $750 $960 $1,240 $1,290
61528 Peoria, IL HUD Metro FMR Area $960 $1,060 $1,340 $1,740 $1,810
61529 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61530 Peoria, IL HUD Metro FMR Area $640 $700 $890 $1,160 $1,200
61531 Peoria, IL HUD Metro FMR Area $720 $730 $960 $1,180 $1,570
61533 Peoria, IL HUD Metro FMR Area $620 $680 $860 $1,120 $1,180
61534 Peoria, IL HUD Metro FMR Area $580 $640 $810 $1,050 $1,090
61535 Peoria, IL HUD Metro FMR Area $630 $700 $890 $1,150 $1,200
61536 Peoria, IL HUD Metro FMR Area $580 $640 $810 $1,050 $1,090
61537 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61539 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61540 Peoria, IL HUD Metro FMR Area $600 $660 $840 $1,090 $1,140
61541 Peoria, IL HUD Metro FMR Area $580 $640 $810 $1,050 $1,100
61545 Peoria, IL HUD Metro FMR Area $660 $730 $920 $1,200 $1,240
61546 Peoria, IL HUD Metro FMR Area $590 $650 $820 $1,070 $1,110
61547 Peoria, IL HUD Metro FMR Area $840 $930 $1,180 $1,530 $1,590
61548 Peoria, IL HUD Metro FMR Area $740 $810 $1,030 $1,340 $1,390
61550 Peoria, IL HUD Metro FMR Area $730 $810 $1,020 $1,330 $1,380
61552 Peoria, IL HUD Metro FMR Area $690 $770 $970 $1,260 $1,320
61554 Peoria, IL HUD Metro FMR Area $600 $660 $840 $1,090 $1,140
61555 Peoria, IL HUD Metro FMR Area $610 $670 $850 $1,100 $1,150
61559 Peoria, IL HUD Metro FMR Area $650 $720 $910 $1,180 $1,230
61560 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61561 Peoria, IL HUD Metro FMR Area $560 $620 $790 $1,030 $1,070
61562 Peoria, IL HUD Metro FMR Area $650 $720 $910 $1,180 $1,230
61564 Peoria, IL HUD Metro FMR Area $610 $680 $860 $1,120 $1,160
61565 Peoria, IL HUD Metro FMR Area $560 $620 $790 $1,030 $1,070
61568 Peoria, IL HUD Metro FMR Area $580 $640 $810 $1,050 $1,090
61569 Peoria, IL HUD Metro FMR Area $590 $640 $810 $1,050 $1,140
61570 Peoria, IL HUD Metro FMR Area $610 $670 $850 $1,100 $1,150
61571 Peoria, IL HUD Metro FMR Area $690 $770 $970 $1,260 $1,310
61601 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61602 Peoria, IL HUD Metro FMR Area $660 $730 $920 $1,200 $1,240
61603 Peoria, IL HUD Metro FMR Area $690 $760 $960 $1,250 $1,300
61604 Peoria, IL HUD Metro FMR Area $630 $690 $880 $1,140 $1,190
61605 Peoria, IL HUD Metro FMR Area $610 $670 $850 $1,100 $1,150
61606 Peoria, IL HUD Metro FMR Area $610 $670 $850 $1,100 $1,150
61607 Peoria, IL HUD Metro FMR Area $710 $780 $990 $1,290 $1,340
61610 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060
61611 Peoria, IL HUD Metro FMR Area $570 $630 $800 $1,040 $1,080
61612 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61613 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61614 Peoria, IL HUD Metro FMR Area $690 $760 $960 $1,250 $1,300
61615 Peoria, IL HUD Metro FMR Area $720 $800 $1,010 $1,310 $1,370
61616 Peoria, IL HUD Metro FMR Area $610 $670 $850 $1,100 $1,150
61625 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61630 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61651 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61652 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61653 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61654 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61655 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61656 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61721 Peoria, IL HUD Metro FMR Area $690 $770 $970 $1,260 $1,310
61725 Peoria, IL HUD Metro FMR Area $750 $840 $1,050 $1,440 $1,580
61729 Peoria, IL HUD Metro FMR Area $620 $690 $870 $1,130 $1,330
61732 Peoria, IL HUD Metro FMR Area $660 $740 $930 $1,300 $1,470
61733 Peoria, IL HUD Metro FMR Area $740 $810 $1,030 $1,340 $1,390
61734 Peoria, IL HUD Metro FMR Area $590 $660 $830 $1,080 $1,120
61738 Peoria, IL HUD Metro FMR Area $660 $730 $920 $1,200 $1,330
61740 Peoria, IL HUD Metro FMR Area $630 $690 $880 $1,140 $1,190
61742 Peoria, IL HUD Metro FMR Area $560 $620 $790 $1,030 $1,070
61744 Peoria, IL HUD Metro FMR Area $550 $640 $790 $1,110 $1,330
61747 Peoria, IL HUD Metro FMR Area $610 $680 $860 $1,120 $1,160
61748 Peoria, IL HUD Metro FMR Area $660 $750 $930 $1,310 $1,490
61755 Peoria, IL HUD Metro FMR Area $640 $700 $890 $1,160 $1,330
61759 Peoria, IL HUD Metro FMR Area $620 $690 $870 $1,130 $1,330
61760 Peoria, IL HUD Metro FMR Area $660 $730 $930 $1,210 $1,260
61771 Peoria, IL HUD Metro FMR Area $710 $780 $990 $1,290 $1,340
61774 Peoria, IL HUD Metro FMR Area $650 $740 $920 $1,300 $1,480
62635 Peoria, IL HUD Metro FMR Area $630 $690 $880 $1,140 $1,190
62682 Peoria, IL HUD Metro FMR Area $550 $610 $770 $1,020 $1,060

2022 Average & Median Rent Data Statistics
PEORIA, IL average 1BR rent: $694, median: $685
PEORIA, IL average 2BR rent: $879, median: $865
PEORIA, IL average 3BR rent: $1,149, median: $1,125

PEORIA, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 4,906 $854,570,000 $174,189
Home Improvement 767 $44,285,000 $57,738
Refi 734 $107,470,000 $146,417
Other 609 $37,515,000 $61,601
Cash Out Refi 405 $51,015,000 $125,963

Peoria's most frequently cited loan purpose was Home Purchase, with 4,906 originations. The 2nd most popular reason was Home Improvement, with 767 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,887 $433,005,000 $149,984
7-8% 1,794 $269,940,000 $150,468
5-6% 989 $174,725,000 $176,668
Over 8% 929 $105,665,000 $113,741
<2.5% 93 $1,035,000 $11,129
4-5% 43 $8,715,000 $202,674
2.5-3% 30 $2,950,000 $98,333
3-4% 9 $1,425,000 $158,333

During 2023, Peoria's most frequently originated rate bucket was 6-7%, with 2,887 originations.

Loan Sizing (PEORIA, IL MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 3,477 $187,055,000 $53,798
$100k-200k 2,521 $355,945,000 $141,192
$200k-400k 1,200 $323,410,000 $269,508
$400k-600k 160 $75,160,000 $469,750
$600k-1000k 37 $25,765,000 $696,351
$Over $1MM 26 $127,520,000 $4,904,615

PEORIA's loan sizing saw the bucket of loans from $100,000 or less with 3,477 originations, totaling $187,055,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,331 $548,785,000 $164,751
60-80% 1,357 $276,345,000 $203,644
20-40% 829 $54,745,000 $66,037
Under 20% 714 $31,380,000 $43,950
40-60% 472 $92,400,000 $195,763
Over 100% 45 $10,525,000 $233,889

PEORIA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,331 originations, totaling $548,785,000 in origination value.