Peoria's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic to contemporary. The market is characterized by a blend of older homes with rich historical features and newer constructions that cater to modern preferences. While single-family homes dominate the landscape, there is also a selection of apartments and townhouses that provide alternatives for those seeking different living arrangements. The homeownership rate in Peoria is robust, with a significant portion of residents owning their homes, indicative of a stable residential community.