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    The 10 places around Peoria with the fastest-growing home prices

    By Mike Kramer, Peoria Journal Star,

    2024-05-21
    https://img.particlenews.com/image.php?url=0Zvjl0_0tDIeqyx00

    Limited inventory throughout the United States continues to affect home prices.

    Last month, the average home value was $359,402 nationwide, according to the real estate market company Zillow. That is a nearly a $4,000 jump from the March value of $355,696 — and a 4.4% increase from April last year.

    The median listing home price in Peoria County was $139,900 last month — about 39% of the national median, according to realtor.com The median listing home price for April was $179,900 in Tazewell County and $216,200 in Woodford County.

    From $565,000 to $320,000:The most expensive Tazewell County homes sold in April 2024

    Using data from Zillow, the New York-based newswire service Stacker compiled a list of greater Peoria area communities with the fastest-growing home prices. Rankings are based on 1-year and 5-year price changes as of March.

    1. Edelstein

    • 1-year price change: +$23,852 (+11.1%)
    • 5-year price change: +$66,589 (+38.5%)
    • Typical home value: $239,435

    2. Brimfield

    • 1-year price change: +$22,931 (+9.6%)
    • 5-year price change: +$71,041 (+37.1%)
    • Typical home value: $262,548

    3. Groveland

    • 1-year price change: +$22,754 (+10.1%)
    • 5-year price change: +$59,150 (+31.2%)
    • Typical home value: $248,737

    4. Dunlap

    • 1-year price change: +$20,550 (+7.7%)
    • 5-year price change: +$76,509 (+36.0%)
    • Typical home value: $288,744

    5. Edwards

    • 1-year price change: +$20,234 (+7.9%)
    • 5-year price change: +$69,369 (+33.3%)
    • Typical home value: $277,684

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    6. Mapleton

    • 1-year price change: +$18,727 (+8.5%)
    • 5-year price change: +$60,058 (+33.6%)
    • Typical home value: $238,630

    7. Trivoli

    • 1-year price change: +$17,527 (+8.5%)
    • 5-year price change: +$61,865 (+38.1%)
    • Typical home value: $224,335

    8. Morton

    • 1-year price change: +$17,379 (+7.5%)
    • 5-year price change: +$53,856 (+27.7%)
    • Typical home value: $248,421

    9. Mackinaw

    • 1-year price change: +$16,725 (+8.5%)
    • 5-year price change: +$53,800 (+33.6%)
    • Typical home value: $213,942

    10. Deer Creek

    • 1-year price change: +$14,754 (+8.4%)
    • 5-year price change: +$33,845 (+21.6%)
    • Typical home value: $190,624

    The rest of the top 30: Full list of the cities around Peoria with the fastest growing home values

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