405 W. Dearborn St., Elmwood sold by Jeffrey A. and Lisa B. Roberts

The home at 405 W. Dearborn St., Elmwood, was sold on June 18 by Jeffrey A. and Lisa B. Roberts for $199,000.

Ann and Michael French were listed as the buyers.

Property taxes on the home totaled $2,388 in 2024, or 1.2% of the sale price.

This property is one of five sales in Elmwood, Peoria County, between May 18 and June 18.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.