PEORIA Mortgage Rates & Closing Costs
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% |
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.).
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. LouisDate | 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 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. LouisDate | 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 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.
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.