Peoria Home Prices Up

Mixed conditions around the country according to national 2008 figures. According to National Association of REALTORS' (NAR) report, the median existing single-family home price in the Midwest declined 0.9 percent to $161,500 in the second quarter from the same period in 2007. "The strongest metro price increases in the Midwest were in the Decatur, Ill., area, where the median price of $94,200 was 6.0 percent higher than a year ago, and Des Moines, Iowa, at $156,600, also up 6.0 percent, followed by Peoria, Ill."