Peoria, IL

There is no doubt that the Peoria, IL metropolitan statistical area (MSA) has seen some tough times when it comes to the housing market. However, there are also some real estate trends emerging that suggest things may be starting to improve. For one, home prices in the MSA have been on the rise for the past few years. In addition, the number of homes sold in the MSA has also been increasing. This is likely due to a combination of factors, including an improving economy and low interest rates.

Another trend that is worth noting is that more people seem to be moving into the MSA from other parts of Illinois and even from other states. This is likely due to Peoria's relatively affordable housing costs compared to other areas in the Midwest. So, while there are still some challenges facing the Peoria housing market, there are also some positive trends emerging that suggest things may be slowly improving.