Peoria, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 3,508 transactions over the past year in Peoria. The median value for residential home transactions that occurred over the previous year is $466,640.73. The number of current listings in Peoria is 21, and the percentage of properties for sale in the city is 21.00%. Peoria, AZ currently has 48 properties in foreclosure, 0 bank owned properties, 48 properties headed for auction, and 21 properties for sale.

Peoria, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85383

$ 826,613

$ 320/sqft

85381

$ 379,693

$ 283/sqft

85382

$ 575,000

$ 276/sqft

85345

$ --

$ --

Housing Market Summary for Peoria, AZ

Sep 2023August 2024Change
Median Listing Price$625K$699K11.84%
Median Sold Price$491.4K$497K1.15%
Homes For Sale172123.53%
Homes Sold2,8483,0406.74%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Peoria, AZ

Peoria home values range from $29,224 to $54,036,164. The median estimated value of a home in Peoria is $466,640.73. The median list price of a home is 699,000, and the total count of properties in the city is 67,993.

Foreclosure
There are 4 zips within Peoria, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $2,244,750 in 85345 to the lowest value of $213,320 in 85345. Foreclosure homes account for 0.00% of properties in Peoria, AZ with 85345 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Peoria, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Peoria, AZ; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Peoria, AZ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Peoria, AZ. There are 4 zips within Peoria, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85345 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Peoria, AZ. Auction homes and other auction properties account for 0.07% of all properties in Peoria, AZ. There are 4 zips within Peoria, AZ; of those zips, the median estimated home value for homes going to auction ranges from $410,037 in 85383 to the lowest value of $213,320 in 85383.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Peoria, AZ with 85383 containing 13 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Peoria, AZ; homes for sale in those zips, have a range of median values from $2,095,000 in 85383 to the lowest value of $324,274 in 85382.
    Sold Homes
    The median value for recently sold homes ranges from $609,217 in 85345 to the lowest price of $29,779 in 85345. There are 4 zips within Peoria, AZ. 85383 has 1350 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.45% of properties in Peoria, AZ.

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      Guide for Peoria, AZ

      Arizona
      Tempe Real Estate Rises to $597K Average Amid Sales Dip, Outpacing Nearby Phoenix
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      Tempe Real Estate Values Soar to $597k – May 2024
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      Scottsdale Real Estate Soars with Average Values Hitting $1.3M in April 2024
      Market Reports
      Phoenix Property Market Cools: Average Sale Price Per Square Foot Falls to $286 in April 2024
      See More Articles
      Tempe Real Estate Rises to $597K Average Amid Sales Dip, Outpacing Nearby Phoenix
      Arizona|posted 25 June 2024

      The Tempe, AZ real estate market showed strong growth from June 2023-May 2024, with average property values reaching $597,000.

      Tempe Real Estate Values Soar to $597k – May 2024
      Market Reports|posted 4 June 2024

      Real estate in Tempe, AZ sees significant growth in property values but dip in sales price. Despite general rise in values, complex market conditions require careful analysis for potential investors and homebuyers.

      Scottsdale Real Estate Soars with Average Values Hitting $1.3M in April 2024
      Market Reports|posted 17 May 2024

      Scottsdale, Arizona’s robust real estate market demonstrates an impressive growth in property values and average sale prices.

      Phoenix Property Market Cools: Average Sale Price Per Square Foot Falls to $286 in April 2024
      Market Reports|posted 17 May 2024

      This article provides a detailed overview of the Phoenix real estate market, including trends in prices and sales, comparisons with neighboring cities, and insights for buyers, sellers, and investors.

      Recently Listed Homes Peoria, AZ

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