61554 — Pekin, IL Home Values
Typical home value $144,305 as of August 2026 · 43rd of 69 in Peoria, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 61554, August 2021 to August 2026. This page shows observed data only; no forecast.
How 61554 compares in the Peoria, IL area
ZIP code 61554 (Pekin, IL) has a typical home value of $144,305 as of August 2026, ranking 43rd of 69 ZIP codes tracked in the Peoria, IL area, more expensive than about 39% of ZIP codes in the metro. Prices here have moved +7.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +41.6%, from $101,883 in August 2021 to $144,305 in August 2026. Against observed rent, the typical home here sells for 12.7× the annual rent ($950/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Peoria, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Peoria.
Population and demographics
ZIP code 61554 has a population of 40,783, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.7% White, 2.6% two or more races, 2.5% Hispanic or Latino, 2.3% Black or African American, 0.5% Asian, 0.3% American Indian or Alaska Native, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Scott Altman Primary School | 1730 Highwood Ave, Pekin, IL | 0.7 mi |
| Pekin Preschool Family Ed Center | 1000 Koch St, Pekin, IL | 1.1 mi |
| Wilson Intermediate School | 900 Koch St, Pekin, IL | 1.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 61554?
$144,305 as of August 2026, the latest month Zillow has published observed data for.
Is 61554 an expensive ZIP code in the Peoria, IL area?
61554 ranks 43rd of 69 ZIP codes in the Peoria, IL area by typical home value, more expensive than about 39% of ZIP codes in the metro.
How much have home values in 61554 changed over the past year?
+7.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 61554?
The typical home price is 12.7× the observed annual rent in this ZIP code ($950/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 61554?
40,783, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 61554?
Scott Altman Primary School (0.7 mi), Pekin Preschool Family Ed Center (1.1 mi), Wilson Intermediate School (1.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 61554?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Peoria, IL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.