All Countries
Peotone, IL
Full City Profile · Illinois · Will County County
4.0
/5.0
A
Great
4,462
Population
2,209/sq mi density
$104,792
Median Income
$40,145 per capita
$261,400
Home Value
$328,249 Zillow
$1,102
Median Rent
31.5% income on rent
50°F
Avg Temperature
275 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$104,792 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$261,400 home value, $1,102/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.7 / 5.0
33.4% bachelor's degree or higher
Housing Overview
Median Home Value
$261,400
7% below
US avg: $281,900
Median Rent
$1,102/mo
5% below
US avg: $1,163/mo
Homeownership Rate
70.8%
8% above US avg (65.4%)
Total Housing Units
1,592
Median year built: 1977
Home Value by Source
Census Median
$261,400
Zillow (ZHVI)
$328,249
Median Sale Price
$339,900
Median List Price
$309,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.8%
Owner-Occupied
29.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,102/mo
Market Indicators (Redfin)
Median Days on Market
78 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
70.8%
Complete Housing Data
Home Values
| Census Median Value | $261,400 |
| Zillow Home Value (ZHVI) | $328,249 |
| Median Sale Price | $339,900 |
| Median List Price | $309,900 |
| Price Per Sq Ft | $168 |
Rent
| Census Median Rent | $1,102 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 78 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.2% |
| Homes Sold | 7 |
| Active Inventory | 11 |
| Price Per Sq Ft | $168 |
Ownership & Stock
| Owner-Occupied | 70.8% |
| Renter-Occupied | 29.2% |
| Homeownership Rate | 70.8% |
| Total Housing Units | 1,592 |
| Median Year Built | 1977 |
| Rent Burden | 31.5% |