North Prospect, Peoria Heights, IL
North Prospect — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for North Prospect, Peoria Heights, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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North Prospect Neighborhood Overview
North Prospect is a residential neighborhood within the village of Peoria Heights, Illinois. It offers residents a quiet, community-focused atmosphere with convenient access to the amenities of the larger Peoria area. The neighborhood is characterized by its established homes and tree-lined streets.
Lifestyle & Amenities
Residents enjoy proximity to the unique shops and restaurants along Prospect Road in Peoria Heights. The neighborhood is also close to Grand View Drive, a scenic byway offering stunning views of the Illinois River Valley. This location provides a blend of local village charm and easy access to broader retail and dining options.
Real Estate Market
The real estate market in North Prospect features relatively affordable homeownership, with a Census median home value of $105,300. Current market trends show a price per square foot of approximately $132. The provided rental data appears inconsistent for a residential area and should be verified with local sources.
Schools & Education
North Prospect is served by the Peoria Heights School District 325. The district operates an elementary, middle, and high school, all located within the village. Families have the benefit of a unified, community-oriented school system close to home.
Transportation & Connectivity
The neighborhood is well-connected via major arteries like IL-29 (Prospect Road) and IL-88, facilitating commutes to Peoria, East Peoria, and beyond. Public transportation is available through the Greater Peoria Mass Transit District (CityLink). Its location makes regional travel straightforward for work and leisure.
Why Choose North Prospect
North Prospect is ideal for those seeking an affordable, stable community within the distinctive setting of Peoria Heights. With a median household income of $59,286, it offers a balanced cost of living. The combination of local amenities, scenic beauty, and a strong school district makes it a compelling choice for families and individuals.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
North Prospect Market Data
| Metric | Value |
|---|---|
| Median Home Price | $105K |
| Median Gross Rent | $889/mo |
| Median Household Income | $59K |
| Homeownership Rate | 62.4% |
| Renter-Occupied | 37.6% |
| Rental Vacancy Rate | 2.9% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 61616 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in North Prospect, Peoria Heights
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for North Prospect, Peoria Heights, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16