08/31/2026
๐ Wrapping up August: How has our summer market shifted since Memorial Day? ๐
Here is your official Monday Market Update for August 31, 2026. Looking back over our data since late May (when we sat at 433 total listings), summer inventory peaked near 550 last week before settling at 539 active listings todayโan overall ~24% expansion in available choices across Peoria, Tazewell, and Woodford counties!
Even with more options on the table, buyer demand has kept median prices elevated right at $189,900 and regional days on market turning over in just 31 days.
Here is how today's numbers shake out by county ๐
๐ Tri-County Totals Overall:
โข Total Active Listings: 539 (Adjusted slightly by -2.00% from 550 last week)
โข Median List Price: $189,900 (Holding firm at summer peak levels)
โข Median Days on Market: 31 days
๐บ๏ธ County-by-County Breakdown & Trends:
๐ Peoria County: 325 Active Listings | $169,900 Median Price | 34 Median DOM
โข The Inventory Anchor: Peoria expanded to 325 listings (up from 289 in late May). While options have grown, strong entry-level demand has pushed Peoria's median price up nearly $20k over the course of the summer.
๐ณ Tazewell County: 176 Active Listings | $198,450 Median Price | 29.5 Median DOM
โข The Fast Mover: Tazewell saw active listings tighten by 4.35% from last week, with homes moving at a swift 29.5 median days on market and prices firmly anchored near the $200k threshold.
๐ก Woodford County: 38 Active Listings | $325,000 Median Price | 28.5 Median DOM
โข Critical Scarcity: Woodford inventory tightened by 11.63% this week down to 38 choices (after hitting a high of 47 earlier this month), keeping median list prices strong at $325,000.
๐ก The Big Summer Takeaway:
Throughout the entire summer, inventory expanded from 433 to 539, but the anticipated "price crash" never happened. Well-priced homes are continuing to go under contract in roughly a month across all three counties.
Whether you're looking to capture top-dollar equity before the fall market sets in or navigate today's inventory to find your next home, generic headlines won't help you win. You need a strategy backed by the actual numbers.
Stop guessing. Start strategizing.
๐ Text "UPDATE" to 309-220-6945 to see what these end-of-summer numbers mean for your specific neighborhood!
Russell Grammer | ๐ 309-220-6945
Real Estate Broker | Adam Merrick Real Estate