foreclosure.com

Foreclosure Homes in East Peoria, IL

Search within map
View this home at W Illinois St Spring Bay IL 61611
Preforeclosure
VIEW DETAILS
W Illinois St
Spring Bay, IL 61611
Single-Family
|
2 |
2
AUCTION: 06-17-2024
Single-Family
|
2 |
2
4 View this home at Bloomington Rd East Peoria IL 61611
Preforeclosure
VIEW DETAILS
$84,329 EMV
Bloomington Rd
East Peoria, IL 61611
Single-Family
|
3 |
1
|
980
EST. RENT: $1,191
|
AUCTION: 03-20-2024
Single-Family
|
3 |
1
|
980
3 View this home at Meadow Ave East Peoria IL 61611
Preforeclosure
VIEW DETAILS
Meadow Ave
East Peoria, IL 61611
2 |
1
AUCTION: 06-20-2024
2 |
1
Displaying 1 - 10 of 394
More real estate for sale

Other cities with foreclosures
Zip codes

East Peoria, IL Foreclosures

How much do homes sell for in East Peoria, IL?
The average home price is currently $174,836.
In East Peoria, IL, how many homes are available?
There are currently 9,592 active home listings available in East Peoria.
What’s the average rental cost in East Peoria, IL?
The average rental price in East Peoria is $1,250.
What is the most expensive home in East Peoria, Illinois?
The most expensive home sold in East Peoria had a price of $1,218,690.
What is currently the cheapest priced home in East Peoria, IL?
The cheapest home for sale in East Peoria is priced at $12,931.

Home Value Estimator For East Peoria, IL

There are currently 9,592 real estate properties in East Peoria, IL, with a median automated valuation model (AVM) price of $162,165.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Peoria, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in East Peoria, IL, is $174,836.00, with the most expensive house in East Peoria, IL, topping out at $1,218,690.00 and the cheapest home in East Peoria, IL, clocking in at $12,931.00. In other words, there’s something for every potential homebuyer or savvy investor in East Peoria, IL!


Rent Prices In East Peoria, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Peoria, IL, is on a rollercoaster ride. The average rent price in East Peoria, IL, is $1,250.00. Indeed, when looking to rent in East Peoria, IL, you can expect to pay as little as $500.00 or as much as $2,680.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in East Peoria, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In East Peoria, IL In 2024

East Peoria is located in Tazewell, Illinois, with an estimated municipal population of 22,546 residents. All of the best foreclosed homes for sale in East Peoria are located in the following zip code areas on Foreclosure.com: 61611 61612 61635. The estimated population per square kilometer (.62 miles) in East Peoria is 430.


Cost Of Living In East Peoria, IL

So, about how much do homes cost in East Peoria? The most recent median value of resident-owned homes in East Peoria is 140,372. An estimated 72.1 percent of households in East Peoria own their homes, with an average family size of 2.79. The median household income in East Peoria is 58,984, with26 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Peoria, the median commute time of resident workers (in minutes) is 19.4. And last, but certainly not least, are you looking for homes to rent in East Peoria? If so, the average rent price paid by renters in East Peoria is 687, according to recent statistics.


Diversity And Demographics In East Peoria, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to East Peoria, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in East Peoria is 42.2, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in East Peoria is 54.5, with an average family size of 2.79.

The percentage of residents who report their race in East Peoria is as follows:

White 93.4%
Black / African American 2.3%
Asian 2.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near East Peoria? Or maybe you are searching for 55+ active adult communities in and/or near East Peoria?

The percentage of residents who report their age in East Peoria is as follows:

Under 10 10.9%
Aged 10-19 11.1%
20s 12.5%
30s 12.7%
40s 11.2%
50s 14.6%
60s 13.3%
70s 8.7%
80+ 5%

Best Schools In East Peoria, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in East Peoria with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in East Peoria.


Pros And Cons Of Living In East Peoria, Illinois

How do you know that living in -- or moving to -- East Peoria is right where you need to be? Perhaps you grew up in East Peoria or already live nearby; therefore, the decision to buy a home in East Peoria is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to East Peoria for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in East Peoria:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like East Peoria.


Reasons To Move To East Peoria, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in East Peoria can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in East Peoria, meanwhile, can field multiple offers from more qualified buyers.

East Peoria, IL Foreclosures


Cancel

Listing types in East Peoria, IL

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in East Peoria, IL. Save up to 62% with deals in East Peoria, IL.

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.