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Town guide

Pekin, IL Real Estate Market Report

Updated 29 October 2026 · Written by Bryce Ashley, Broker · Home values reviewed quarterly, demographic and school data annually. Next review: 1 February 2027

Pekin is the seat of Tazewell County and its largest city [10]. Zillow puts the typical home value in the city at $142,409 for September 2026, up 6.4% in a year [1], well below the $189,622 typical value for Tazewell County as a whole [3]. Homes have been selling quickly: from July to September 2026, the median Pekin home sold after 10 days on market [4]. Below are the published figures as of our last update, the month each one describes, where it comes from, and what it means if you are buying or selling in Pekin.

Pekin at a glance · 29 October 2026
Typical home value
$142,409Zillow, September 2026, up 6.4% in a year
Median sale price
$144,931Redfin, city, July to September 2026, up 15.0% in a year
Median days on market
10Redfin, city, July to September 2026; 37 from January to March
Homes sold in Pekin
133Redfin, city, July to September 2026, up 11.8% in a year
Median household income
$60,790Census ACS 2020 to 2024, 5-year estimate
Population
31,781Census ACS 2020 to 2024, 5-year estimate

What the market is doing

Zillow's index shows Pekin home values rising, though more slowly this year. The typical home value for the city was $142,409 in September 2026, up 6.4% from $133,885 a year earlier [1]. Most of that gain came between September and March: the index rose 4.7% to $140,237 in March 2026, then 1.5% from March to September.

Redfin publishes Pekin's sale figures as rolling three-month totals rather than single months. From July to September 2026, 133 homes sold in the city, 11.8% more than in the same months of 2025, at a median sale price of $144,931, up 15.0% [4]. The median moves with the season: it was $128,000 for January to March 2026 and $152,500 for April to June.

Pekin homes that sold from July to September 2026 went for an average of 98.3% of list price, and 41.2% sold for more than their original list price. The city had 1.7 months of supply, the same as a year earlier, and 58.8% of homes went off the market within two weeks of listing. The median home sold after 10 days on market, the same as from April to June, but it took 37 days from January to March [4].

For Tazewell County as a whole, Redfin counted 145 sales in September 2026, 8.2% fewer than in September 2025, at a median of $191,571, down 1.3%. The county median was 19 days on market that month [5]. Across the wider Peoria area, the Peoria Area Association of Realtors (PAAR) reported 1,723 homes sold from April to June 2026, up 14.6% on the same quarter a year earlier, at an average sale price of $219,865 [7]. Regional inventory was more than 40% higher than a year earlier [6]. PAAR had not yet published its July to September report when we updated this page.

From July to September 2026, 41% of the Pekin homes that sold went for more than their original list price.
MeasureCity of PekinTazewell County
Typical home value (Zillow, Sep 2026)$142,409$189,622
Change in typical value, Sep 2025 to Sep 2026+6.4%+6.5%
Median sale price (Redfin)$144,931 (Jul to Sep 2026)$191,571 (Sep 2026)
Homes sold (Redfin)133 (Jul to Sep 2026)145 (Sep 2026)
Median days on market (Redfin)10 (Jul to Sep 2026)19 (Sep 2026)
Average sale-to-list ratio (Redfin)98.3% (Jul to Sep 2026)97.9% (Sep 2026)
Months of supply (Redfin)1.7 (Jul to Sep 2026)1.7 (Sep 2026)

Prices in Pekin and the towns next door

Zillow's typical value for ZIP code 61554, the Pekin ZIP code it tracks, was $142,113 in September 2026, up 6.4% in a year [2]. That is close to the figure for the city itself, but the ZIP code is not the same as the city.

A Pekin mailing address does not always mean the City of Pekin. North Pekin, a village, and Marquette Heights, a city, are separate municipalities that also use ZIP code 61554 [11] [12]. Zillow tracks each one separately, along with South Pekin [1], which has its own ZIP code, 61564 [2]. The city also reaches across the Illinois River: a small annexed area in Peoria County is linked to Pekin by the John T. McNaughton Bridge [9]. Before comparing taxes, schools and services, check which municipality and which county a property is actually in.

PlaceTypical value, Sep 2026Change vs Sep 2025
Marquette Heights$146,519+7.9%
City of Pekin$142,409+6.4%
ZIP code 61554$142,113+6.4%
North Pekin$122,335+5.4%
South Pekin$111,429+3.0%
Tazewell County$189,622+6.5%

Schools: check which district serves the address

Pekin Public School District 108, Pekin Community High School District 303 and the other districts in the city

Most of Pekin is in Pekin Public School District 108 for the elementary and middle grades. Other parts of the city are in North Pekin-Marquette Heights School District 102 or Rankin Community School District 98. All of Pekin in Tazewell County is in Pekin Community High School District 303, and the small part of the city in Peoria County is served by Hollis Consolidated School District 328 and Limestone Community High School District 310 [9].

District 108 runs 11 schools, from pre-kindergarten through grade 8, and had 3,126 students in the 2024 to 2025 school year [14]. District 303 has one school, Pekin Community High School, for grades 9 to 12, with 1,712 students that year [15]. District 102 had 453 students in two schools [16], and Rankin District 98 had 196 students in one school for kindergarten through grade 8 [17].

School assignment depends on the exact address, not the ZIP code or the mailing city. We confirm the assigned schools for every property before you write an offer. For test results and other school data, the Illinois State Board of Education publishes a report card for every public school and district [18].

Work, commute and getting around

Pekin is the seat of Tazewell County, on the Illinois River. It had 31,731 residents at the 2020 census, which made it the largest city in Tazewell County and the second-most populous city in the Peoria metropolitan area [9]. The average commute is 21.7 minutes, and the homeownership rate is 68.4% [8].

Pekin Insurance has its headquarters in the city [9], and Carle Health Pekin Hospital is at 600 South 13th Street [19].

CityLink bus routes 17, 18 and 23 connect Pekin with downtown Peoria. The city owns Pekin Municipal Airport, four nautical miles south of the central business district [9]. For airline service, Peoria International Airport serves 13 destinations on three airlines: Allegiant, American and United [20].

Industries employing the most Pekin residents (Census ACS 2020 to 2024, via Data USA)Residents
Health care and social assistance2,719
Manufacturing2,239
Retail trade1,626
Accommodation and food services1,297
Construction1,050

Common questions about buying in Pekin

What is the average home price in Pekin, IL?

It depends on the measure. Zillow's typical home value for the city was $142,409 in September 2026, up 6.4% in a year [1]. Redfin's median sale price for the city was $144,931 for July to September 2026, up 15.0% year over year, though it moves with the season: it was $128,000 for January to March [4]. For comparison, Zillow's typical value for Tazewell County was $189,622 in September 2026 [3], and PAAR reported an average sale price of $219,865 across the wider Peoria area for April to June 2026 [7].

How long does it take to sell a house in Pekin?

It depends on the season. In the city, the median home sold after 10 days on market from July to September 2026, the same as from April to June, but after 37 days from January to March. From July to September, 58.8% of homes went off the market within two weeks of listing [4]. Across the wider Peoria area, PAAR reported an average of 39 days on market in mid-2026, up from 20 two years earlier [7]. The two figures measure different things. A median is pulled down by well-priced homes that sell quickly, while an average also counts the slow listings.

Is now a good time to sell a house in Pekin?

City sales are up. Redfin counted 133 Pekin sales from July to September 2026, 11.8% more than a year earlier, and 41.2% of those homes sold for more than their original list price [4]. The county picture is more mixed: Tazewell County had 8.2% fewer sales in September 2026 than in September 2025, and its median sale price was down 1.3% [5]. Regional inventory from April to June 2026 was more than 40% higher than a year earlier [6], so buyers have more homes to compare. The first list price matters. We can walk you through what is selling on your street.

Does a Pekin address mean the City of Pekin?

Not always. North Pekin and Marquette Heights are separate municipalities that share ZIP code 61554 with Pekin [11] [12], and South Pekin is a separate place with its own ZIP code, 61564 [2]. Typical values differ: about $147,000 in Marquette Heights, $142,000 in Pekin, $122,000 in North Pekin and $111,000 in South Pekin in September 2026 [1]. Part of the City of Pekin is also in Peoria County, across the Illinois River [9]. Check the municipality and county for any property before comparing taxes and services.

Which school district serves a Pekin address?

Most of the city is in Pekin Public School District 108 for the elementary and middle grades, and all of Pekin in Tazewell County is in Pekin Community High School District 303. Parts of the city are in North Pekin-Marquette Heights School District 102 or Rankin Community School District 98, and the Peoria County part is served by Hollis Consolidated School District 328 and Limestone Community High School District 310 [9]. Assignment depends on the exact address, so we confirm it for every property before you write an offer. The Illinois State Board of Education publishes a report card for every public school and district [18].

Is Pekin, IL a good place to live?

Pekin has 31,781 residents, a median household income of $60,790, an average commute of 21.7 minutes and a homeownership rate of 68.4% [8]. It is the seat of Tazewell County, on the Illinois River, and Pekin Insurance has its headquarters there. The Pekin Park District, founded in 1902, has 2,277 acres in 13 parks [9], including the 220-acre Mineral Springs Park [22]. The Marigold Festival began in 1973, and the 54th was held in September 2026 [25]. The typical home value was $142,409 in September 2026, compared with $189,622 for Tazewell County [1] [3].

Who is a real estate agent in Pekin, IL?

The Ashley Home Team (Bryce Ashley, Illinois license 475.182580, at eXp Realty) has its office at 114 W Stratford Dr in Peoria (61614) and can be reached at 309-397-6982. You can confirm any agent's Illinois license with the IDFPR License Lookup [21]. In and around Pekin, typical values run from about $111,000 in South Pekin to about $147,000 in Marquette Heights [1], so ask any agent for recent sales in your own town and street rather than county-wide averages.

Bryce Ashley
Bryce Ashley
Broker · The Ashley Home Team at eXp Realty · Licence 475.182580
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Bryce Ashley’s Pekin sales record

Bryce Ashley has 5 closed transactions in Pekin since 2021, per his public Zillow sales history, counting only homes inside city limits (US Census geocoder)[28] (as of September 2026).

Sales at Pekin mailing addresses outside the city limits, such as North Pekin and Marquette Heights, are not counted.

Local places in Pekin, by name

The specific spots residents mention when they describe living in Pekin. Each one is sourced; none is a paid listing.

Current Pekin listings

Search every active Pekin listing on the MLS: current prices, recent reductions and open houses.

Search Pekin listings

Opens the searchable MLS feed on eXp Realty.

Looking in Pekin?

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Call 309-397-6982
Sources
  1. Zillow Research: Zillow Home Value Index (ZHVI) by city, City of Pekin, Marquette Heights, North Pekin and South Pekin, September 2026: https://files.zillowstatic.com/research/public_csvs/zhvi/City_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv
  2. Zillow Research: Zillow Home Value Index (ZHVI) by ZIP code, 61554 and 61564, September 2026: https://files.zillowstatic.com/research/public_csvs/zhvi/Zip_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv
  3. Zillow Research: Zillow Home Value Index (ZHVI) by county, Tazewell County, September 2026: https://files.zillowstatic.com/research/public_csvs/zhvi/County_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv
  4. Redfin Data Center: Housing Market Tracker, city data, Pekin, IL, rolling three-month periods, not seasonally adjusted; newest period July to September 2026 (data updated 7 October 2026): https://redfin-public-data.s3.us-west-2.amazonaws.com/redfin_data_center/housing_market/monthly/all_cities.csv
  5. Redfin Data Center: Housing Market Tracker, county data, Tazewell County, IL, monthly; newest month September 2026 (data updated 7 October 2026): https://redfin-public-data.s3.us-west-2.amazonaws.com/redfin_data_center/housing_market/monthly/all_counties.csv
  6. Peoria Area Association of Realtors, Q2 2026 sales report (via WCBU, 4 August 2026): https://www.wcbu.org/local-news/2026-08-04/peoria-area-sees-surge-in-home-sales-during-second-quarter
  7. 25 News Now: PAAR second-quarter 2026 report, 31 July 2026: https://www.25newsnow.com/2026/07/31/home-sales-climb-peoria-area-despite-higher-interest-rates/
  8. U.S. Census American Community Survey via Data USA: Pekin, IL (2020 to 2024 5-year estimates: population, median household income, homeownership, commute and industries of employed residents): https://datausa.io/profile/geo/pekin-il
  9. Wikipedia: Pekin, Illinois (county seat, 2020 census, school districts, park district, Peoria County area, transportation, Pekin Insurance): https://en.wikipedia.org/wiki/Pekin,_Illinois
  10. Wikipedia: Tazewell County, Illinois (county seat and largest city): https://en.wikipedia.org/wiki/Tazewell_County,_Illinois
  11. Wikipedia: North Pekin, Illinois (village, ZIP code 61554): https://en.wikipedia.org/wiki/North_Pekin,_Illinois
  12. Wikipedia: Marquette Heights, Illinois (city, ZIP code 61554): https://en.wikipedia.org/wiki/Marquette_Heights,_Illinois
  13. Wikipedia: Tazewell County Courthouse (Illinois): https://en.wikipedia.org/wiki/Tazewell_County_Courthouse_(Illinois)
  14. National Center for Education Statistics, Common Core of Data: Pekin PSD 108 (schools from the 2025 to 2026 directory; students, 2024 to 2025 school year): https://nces.ed.gov/ccd/districtsearch/district_detail.asp?ID2=1731080
  15. National Center for Education Statistics, Common Core of Data: Pekin CSD 303 (schools from the 2025 to 2026 directory; students, 2024 to 2025 school year): https://nces.ed.gov/ccd/districtsearch/district_detail.asp?ID2=1731110
  16. National Center for Education Statistics, Common Core of Data: N Pekin & Marquette Hght SD 102 (schools from the 2025 to 2026 directory; students, 2024 to 2025 school year): https://nces.ed.gov/ccd/districtsearch/district_detail.asp?ID2=1728920
  17. National Center for Education Statistics, Common Core of Data: Rankin CSD 98 (schools from the 2025 to 2026 directory; students, 2024 to 2025 school year): https://nces.ed.gov/ccd/districtsearch/district_detail.asp?ID2=1733120
  18. Illinois State Board of Education: Illinois Report Card: https://www.illinoisreportcard.com/
  19. Illinois Hospital Report Card: Carle Health Pekin Hospital, accessed October 2026: https://healthcarereportcard.illinois.gov/hospital/101214
  20. General Wayne A. Downing Peoria International Airport: flypia.com, accessed October 2026: https://www.flypia.com/
  21. Illinois Department of Financial and Professional Regulation: License Lookup: https://idfpr.illinois.gov/checklicense.html
  22. Pekin Park District: Mineral Springs Park page, accessed October 2026: https://www.pekinparkdistrict.org/mineral-springs-park
  23. Pekin Park District: DragonLand Water Park page, accessed October 2026: https://www.pekinparkdistrict.org/dragonland
  24. Pekin Park District: golf courses page (Lick Creek and Parkview), accessed October 2026: https://www.pekinparkdistrict.org/golf-courses
  25. Pekin Area Chamber of Commerce: Pekin Marigold Festival page (54th festival, September 2026), accessed October 2026: https://pekinchamber.com/pekin-marigold-festival/
  26. The Dirksen Congressional Center: dirksencenter.org, accessed October 2026: https://www.dirksencenter.org/
  27. Pekin Public Library: pekinpubliclibrary.org, address and hours, accessed October 2026: https://pekinpubliclibrary.org/
  28. Zillow, Bryce Ashley agent profile, past sales (81 mapped), each placed inside or outside city limits with the US Census geocoder, 23 September 2026: https://www.zillow.com/profile/BryceAshley