While much of the country is suffering from sinking real estate prices, Peoria, IL is in a state of steady growth. This community, with nearly 400,000 in the metropolitan area is finding its stride and whether you're relocating from Mississauga townhouses to be a part of it all or are a first time homebuyer ready for that move away from renting, now is a great time to find your dream home in this fine city.

Homes in the city are listing for an average of $165,000 currently and selling prices are closer to the median of $127,000. This is an increase in the listing price of about $9500. There is a strange anomaly where one-bedroom homes are actually being listed and selling for more than a two bedroom. This means that if you're a couple or person looking to live alone, you might want to explore bigger spaces. You could possible upgrade quite a bit when moving from somewhere like Riverdale Toronto real estate. If you're looking for maximum square footage, homes with four bedrooms are in the range of $260,000.

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Like any city, there are neighborhoods that everyone seems to dream of living in and others that are less popular. In Peoria, many people's first choice for real estate is in the city's north end. The communities of Mossville, Alta and Orange Prarie are currently seeing the most action in terms of home sales. If you don't know the area and you're coming from somewhere like Eden Mills Ontario real estate this might be the ideal place to call home. You're paying a little more for real estate in this region, with listing prices averaging at $290,000, but you'll see a lot of the planned community designs that are present across the country.

The most popular place to live downtown is near the river closer to Peoria Heights and further inland at Golden Acres. These are east and west of University Street respectively and come with price tags anywhere from $100,000 to $200,000, depending on where specifically you look and the size of the home. Those coming from Oakville homes for sale with a specific price in mind should contact an agent in this area to find out exactly what you're getting with each home. You can find fantastic homes in this region, with everything from standard bungalows to two-storey brick designs.

Jefferson Avenue and Water Street are the sites of some new condo developments that would even pique the interest of people coming from Yorkville Toronto. And while you are paying for luxury, with one bedrooms being listed close to $300,000, this is still much more reasonable than you will find these styles in other city centers.

Peoria is one of the best mid-sized cities that you will find in America in terms of real estate and you might want to find your place here before the word gets out!