61603 — Peoria, IL Home Values
Typical home value $65,911 as of June 2026 · 68th of 69 in Peoria, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 61603, June 2021 to June 2026. This page shows observed data only; no forecast.
How 61603 compares in the Peoria, IL area
ZIP code 61603 (Peoria, IL) has a typical home value of $65,911 as of June 2026, ranking 68th of 69 ZIP codes tracked in the Peoria, IL area, more expensive than about 3% of ZIP codes in the metro. Prices here have moved +9.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +39.0%, from $47,429 in June 2021 to $65,911 in June 2026. Against observed rent, the typical home here sells for 4.6× the annual rent ($1,184/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 61603 has a population of 15,430, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 40.6% Black or African American, 39.3% White, 10.6% two or more races, 8.7% Hispanic or Latino, 0.8% Asian, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lincoln School | 700 Mary St, Peoria, IL | 0.1 mi |
| Woodruff Career & Tech Center | 1800 NE Perry Ave, Peoria, IL | 0.2 mi |
| Glen Oak Comm Learning Cntr | 2100 N Wisconsin Ave, Peoria, IL | 0.4 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 61603?
$65,911 as of June 2026, the latest month Zillow has published observed data for.
Is 61603 an expensive ZIP code in the Peoria, IL area?
61603 ranks 68th of 69 ZIP codes in the Peoria, IL area by typical home value, more expensive than about 3% of ZIP codes in the metro.
How much have home values in 61603 changed over the past year?
+9.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 61603?
The typical home price is 4.6× the observed annual rent in this ZIP code ($1,184/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 61603?
15,430, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 61603?
Lincoln School (0.1 mi), Woodruff Career & Tech Center (0.2 mi), Glen Oak Comm Learning Cntr (0.4 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 61603?
No. Every number on this page is observed Zillow data as of June 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.