Median real estate price in the Village Center of Peoria Heights is $104,303, which is less expensive than 79.5% of Illinois neighborhoods and 80.2% of all U.S. neighborhoods.
The average rental price in Peoria Heights Village Center is currently $722, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.5% of Illinois neighborhoods.
Peoria Heights Village Center is a suburban neighborhood (based on population density) located in Peoria Heights, Illinois.
Real estate in the Village Center of Peoria Heights, IL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Village Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Peoria Heights Village Center has a 14.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.