Peoria, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 5,646 transactions over the past year in Peoria. The median value for residential home transactions that occurred over the previous year is $488,841.66. The number of current listings in Peoria is 242, and the percentage of properties for sale in the city is 85.82%. Peoria, AZ currently has 40 properties in foreclosure, 2 bank owned properties, 38 properties headed for auction, and 242 properties for sale.

Peoria, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85383

$ 715,935

$ 270/sqft

85382

$ 445,638

$ 269/sqft

85345

$ 371,850

$ 260/sqft

85381

$ 489,582

$ 257/sqft

Housing Market Summary for Peoria, AZ

Aug 2022August 2023Change
Median Listing Price$549.2K$488.9K-10.99%
Median Sold Price$537.1K$488.9K-8.99%
Homes For Sale287231-19.51%
Homes Sold3,9792,882-27.57%
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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 $60,720 to $10,671,724. The median estimated value of a home in Peoria is $488,841.66. The median list price of a home is 556,750, and the total count of properties in the city is 67,970.

Foreclosure
There are 4 zips within Peoria, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $1,057,864 in 85345 to the lowest value of $275,000 in 85345. Foreclosure homes account for 0.00% of properties in Peoria, AZ with 85382 containing 15 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 $660,978 in 85381 to the lowest value of $347,890 in 85345. Bank owned homes and properties account for 0.00% of properties in Peoria, AZ. There are 4 zips within Peoria, AZ; 85345 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85382 has 15 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 0.06% 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 $1,057,864 in 85383 to the lowest value of $275,000 in 85383.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Peoria, AZ with 85383 containing 128 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 $3,252,448 in 85383 to the lowest value of $97,300 in 85383.
    Sold Homes
    The median value for recently sold homes ranges from $5,250,000 in 85383 to the lowest price of $60,720 in 85383. There are 4 zips within Peoria, AZ. 85383 has 1187 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.27% of properties in Peoria, AZ.

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