Home Insurance in Peoria County, Illinois

The median home value in Peoria County is $158,500, 40% lower than the Illinois median.

The typical home in Peoria County was built around 1966. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 42% of homes were built before 1960, about 4 points above Illinois's 38%.

In Peoria County, the housing stock is 76% single-family homes, 18% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

56% of owner-occupied homes in Peoria County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 67% of occupied homes in Peoria County are owner-occupied.

68% of homes in Peoria County are primarily heated with natural gas.

FEMA's National Risk Index lists tornado (Relatively High), strong wind (Relatively High) and hail (Relatively High) as the leading hazards for Peoria County.

As of September 2026, Peoria County has 363 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.

In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).

Key figures

Median home value$158,500
Median year built1966
Owner-occupied share67%
Share of owner-occupied homes with a mortgage56%
Top hazards (FEMA National Risk Index)Tornado (Relatively High), Strong Wind (Relatively High), Hail (Relatively High)
Active NFIP flood policies (county)363
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)

Towns and cities

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