How much does it cost to buy a house in Pekin, IL?

In July 2026 Pekin homes were listed to buy for a median price of $133K, The median value of a home listed to buy in Pekin in July 2026 was $102 per sqft,

Is it affordable or expensive to buy real estate in Pekin, IL?

It is affordable to buy a house in Pekin. Buying a home in Pekin is 0% less expensive compared with the national average.

Is the Pekin, IL housing market slowing down?

The housing market in Pekin is slowing down. In July 2026, homes for sale in Pekin spent a median of 34 days on the market, a 37% decrease from July 2025 last year.

What are the best and safest places to live in Pekin, IL?

The best and safest neighborhoods to live in Pekin in July 2026 are Fox Creek Road, White Place, Downtown Bloomington, Oakwoods, Pepper Ridge, South Hill, Near East

How much money should I make to buy a house in Pekin, IL?

In July 2026, Pekin homes were listed to buy for a median price of $133K, with 25% down you would need $923/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $31.6K.

Rankin Elementary School Zone Homes For Sale

3 Homes

13870 Jubilee Dr, Pekin, IL 61554

$29,000

13456 Oak Lake Ct, Tremont, IL 61568

$449,900
3Bd
2Ba
2,462 Sq Ft

$10K

1815 Riverway Dr, Pekin, IL 61554

$189,900
2.32 Acre

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1 - 3 of 3 Homes for sale in Pekin, IL

Pekin, IL real estate market trends

Statistics as of July 2026

$154K

Avg. list price

$98/Sqft

Avg. price/sqft

107

Homes for sale

1,695 Sqft

Avg. home size

39 Days

Avg. days on market

Movoto makes it easy to track market trends in Pekin, IL. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Pekin, IL?

Pekin Houses for Sale

Nestled in Tazewell County, Pekin, Illinois, offers a delightful blend of small-town charm and modern conveniences that make this city a compelling choice for potential homebuyers. With 144 houses currently listed on Movoto, Pekin showcases a robust and diverse real estate market that caters to a variety of tastes and budgets. The median listing price sits at an attractive $124,900, which, combined with a median price per square foot of $95, highlights the exceptional value available in this welcoming Midwestern community.

Pekin is not just a place to live, but a place to thrive. Its rich history, vibrant community events, and scenic landscapes weave together to create an unmatched lifestyle. Residents enjoy a temperate climate, with four distinct seasons offering everything from the bloom of spring to the picturesque snowscapes in winter. This diversity in weather makes outdoor activities enjoyable year-round, whether you're picnicking in James Field Park or enjoying a peaceful walk along the Illinois River.

Education is a critical factor for families moving to any area, and Pekin does not disappoint. The city is served by the highly regarded Pekin Community High School District and several well-rated public and private schools that provide a strong academic foundation for children of all ages. Families seeking a community-focused environment will find it here, with schools offering various extracurricular programs that foster personal growth and development.

When it comes to employment, Pekin is home to a dynamic local economy supported by major employers such as the Pekin Insurance Group and Midwest Fiber. Additionally, its proximity to Peoria expands job opportunities, allowing residents to benefit from a larger job market while enjoying the lower cost of living in Pekin.

For those who appreciate modern conveniences mixed with local charm, Pekin's downtown district is a treasure trove of independent shops, diverse dining options, and vibrant community events. Whether you're enjoying a meal at one of the local eateries or exploring the seasonal markets, Pekin offers a sense of community that larger cities often struggle to emulate.

Neighborhoods in Pekin possess distinct personalities, from the tree-lined streets of Sunset Hills to the serene environment of Lake Whitehurst. Each area has unique traits that cater to various buyer preferences, ensuring there's something for everyone. On average, homes have been selling in 71 days, a testament to the city's balanced pace between demand and serene living. And with 20 properties sold in the last 30 days, the market remains active and inviting, reflecting a healthy interest in Pekin real estate.

In summary, Pekin stands as a beacon for those seeking affordable housing, community-driven living, and abundant opportunities. Its mix of a welcoming atmosphere, educational excellence, job prospects, and recreational activities make it an enticing destination for homebuyers. Come explore the beautiful city of Pekin—where small-town charm meets modern livability.

Schools

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Frequently Asked Questions about Real Estate in Pekin, IL

The Movoto Advantage

Movoto gives you access to up-to-the-minute information about real estate in Pekin. As a licensed brokerage in Illinois (and across the United States), Movoto has access to the latest real estate data including Pekin Homes for Sale, Pekin Single family for Sale, Pekin Multi family/Duplex for Sale, Pekin Land for Sale, Pekin New Listings for Sale, Pekin Rentals, Pekin Apartments for Rent, Pekin Single Family for Rent, Pekin Recently Sold Homes, Pekin Waterfront for Sale, Pekin Foreclosures for Sale.

Real Estate & Homes For Sale Nearby Pekin, IL

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