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Edwards

Why you'd want to live in Edwards

Peoria is a pleasant, small community that is one of the oldest cities in the state. It is a business, industrial, and agricultural center known as the headquarters for Caterpillar, Inc. and the heavy-equipment industry. It is also home to the United States Agricultural Research Laboratory. Consistent with its mainstream Midwestern stereotype, life in Peoria is generally quiet. Downtown is clean and unremarkable but has some new entertainment venues, including a new museum center, civic center and high-rise residential units. The Illinois River waterfront is nice, and attractive older residential areas surround the city in the nearby hills. Cost of living and home prices are attractive, especially on a national scale. The nature of Caterpillar and the equipment business suggests economic cycles. There have been periods of extended economic malaise, but the industrial/commercial base is growing and diversifying. Peoria is home to the 6,000-student Bradley University, and educational attainment is high for a small town. The city is also home to a strong healthcare sector, including three hospitals and the University of Illinois College of Medicine. Peoria is situated next to the Illinois River in a shallow river valley, surrounded by gently rolling terrain. The climate is continental with typically changeable weather and a wide range of temperatures. Summer is generally pleasant, with some humid periods mid-season. Most precipitation falls in summer, mainly as thunderstorms. Falls are pleasant, with frequent periods of long, warm, dry days. Winter brings a mix of rain and snow. First freeze is late October, last is late April. via bestplaces.net

Edwards Market Report

$137,106

AVERAGE PRICE OF 101 HOMES

$1,416,667

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$429,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

Average Home

Average Price $137,106
Avg Bedrooms 1.43 beds
Avg Bathrooms .89 bath

Average Price by Bedrooms

2 bedrooms $269,900
3 bedrooms $359,900
4 bedrooms $336,000
5 bedrooms $347,450
Edwards Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 99 99 102 105 104
Average Price $132,189 $132,510 $145,800 $166,865 $165,894
Avg Price Change -0.24% -10.03% -14.45% +0.59% +1.79%
Median Price $72,921 $72,921 $73,525 $78,467 $81,430
Med Price Change 0.00% -0.83% -6.72% -3.78% +0.76%
Avg Bedrooms 1.39 beds 1.4 beds 1.46 beds 1.64 beds .51 bed
Avg Bathrooms .87 bath .88 bath .91 bath .97 bath .46 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brimfield High School 2 $364,950 109 days
Dunlap 82 $120,036 547 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 101 $137,106 320 days
Multi-Million Dollar Homes 3 $1,416,667 460 days
Newly Built Homes 1 $429,900 10 days
Keller Williams Premier Realty
Venky Basam
2426 W Cornerstone Ct
Peoria, IL 61614
309-213-1742

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