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Peoria High School, Old Main BuildingPhoto: User:Ceemo · CC BY-SA 3.0
Housing in Peoria

2,798 homes sold in Peoria in the last year, at a typical $520K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Peoria homes are listed.

Homes sold
2,798
June 2025 to May 2026
Typical sale price
$520K
median, weighted by sales
Price per square foot
$256
Arizona $253
Paid vs. asking
98.1%
12% sold over asking
For sale now
933
May 2026 · 261 sold that month
What sold · last 12 months

Houses are 93% of Peoria’s sales, at a typical $539K

2,798 homes sold in the year to May 2026.

Houses$539K

typical sale · 2590 sold in 12 months

Per square foot
$257AZ $251
Days to sell
67
Sold over asking
12%
Listings with a price cut
32%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $443K
Townhouses: 198 sold, typical $312K
Condos: 8 sold, typical $247K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

2,798 sales in the last year, against 4,183 in 2020 and a low of 2,425 in 2023. The typical sale went from $249K in 2016 to $520K.

Homes soldTypical sale price
01050210031504200$225K$350K$475K$600K2012: 3474 sold, typical $161K’122013: 3363 sold, typical $198K2014: 3014 sold, typical $220K’142015: 3350 sold, typical $232K2016: 3547 sold, typical $249K’162017: 3893 sold, typical $263K2018: 3846 sold, typical $288K’182019: 4044 sold, typical $307K2020: 4183 sold, typical $344K’202021: 4010 sold, typical $428K2022: 2973 sold, typical $505K’222023: 2425 sold, typical $485K2024: 2611 sold, typical $522K’242025: 2703 sold, typical $520KLast 12 months: 2798 sold, typical $520KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Peoria

Houseat $257 a sq ft
The same money in Arizonaat $251 a sq ft

Is this asking price fair?

Check a listing against what Peoria homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Peoria are back to pre-pandemic levels, and more homes are for sale

We read every month of Peoria’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 2,798 sales.

If you’re buying in Peoria

  • Shop in January. It brings about 345 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • You can negotiate. 32% of listings have cut their price, against 27% before the pandemic.
  • Bid near asking. Buyers paid 98.1% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 67 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

March has the most new listings (about 390 a month), but May is the most competitive: 26% of May sales close over asking. January and February offer nearly as much choice with fewer homes bid up (18%). January has the least competition (18%).

New listings a monthShare sold over asking
098.8197.5296.339513%27%40%Sweet spotJan: 345 new listings a month, 18% sold over asking, 51 days to sellJFeb: 325 new listings a month, 20% sold over asking, 48 days to sellFMar: 390 new listings a month, 23% sold over asking, 43 days to sellMApr: 359 new listings a month, 25% sold over asking, 40 days to sellAMay: 366 new listings a month, 26% sold over asking, 39 days to sellMJun: 337 new listings a month, 23% sold over asking, 42 days to sellJJul: 334 new listings a month, 23% sold over asking, 42 days to sellJAug: 336 new listings a month, 23% sold over asking, 43 days to sellASep: 338 new listings a month, 22% sold over asking, 44 days to sellSOct: 323 new listings a month, 22% sold over asking, 42 days to sellONov: 261 new listings a month, 21% sold over asking, 43 days to sellNDec: 198 new listings a month, 20% sold over asking, 48 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Arizona as a whole

Peoria now2017–192021 peakAZ now
Sold over askingShare of sales that closed above the list price12%15%55%13%
Gone within two weeksShare of homes under contract within 14 days21%38%66%22%
Listings with a price cutShare of homes for sale that cut their price32%27%17%29%
Price paid vs. askingAverage sale price ÷ list price98.1%98.5%101.8%97.8%
Days to sellMedian days from listing to contract67452567
Supply

918 homes for sale on a typical day

That’s 2.6 times the 2021 low (347) and 16% more than in 2017–19.

2012: 738 for sale’122013: 719 for sale2014: 967 for sale2015: 831 for sale’152016: 872 for sale2017: 826 for sale2018: 799 for sale’182019: 754 for sale2020: 537 for sale2021: 347 for sale’212022: 541 for sale2023: 485 for sale2024: 709 for sale’242025: 930 for saleLast 12 months: 918 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 27% in 2017–19 and 29% across Arizona. More sellers are pricing high and coming down.

2015: 27%’152016: 26%2017: 26%2018: 28%’182019: 27%2020: 20%2021: 17%’212022: 40%2023: 32%2024: 30%’242025: 33%Last 12 months: 32%Now
Prices by type

Since 2019, houses are up 70%, condos 62%

A house typically sold for $539K in the last year (2590 sales), a condo for $247K (8).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $207K, 3064 salesHouses 2014: $228K, 2759 salesHouses 2015: $243K, 3070 salesHouses 2016: $260K, 3213 salesHouses 2017: $273K, 3569 salesHouses 2018: $300K, 3518 salesHouses 2019: $317K, 3707 salesHouses 2020: $354K, 3859 salesHouses 2021: $448K, 3609 salesHouses 2022: $523K, 2678 salesHouses 2023: $510K, 2161 salesHouses 2024: $541K, 2390 salesHouses 2025: $538K, 2498 salesHouses last 12 months: $539K, 2590 salesHouses $539KCondos 2013: $89K, 21 salesCondos 2014: $100K, 20 salesCondos 2015: $105K, 17 salesCondos 2016: $128K, 23 salesCondos 2017: $121K, 24 salesCondos 2018: $141K, 25 salesCondos 2019: $153K, 19 salesCondos 2020: $167K, 27 salesCondos 2021: $202K, 30 salesCondos 2022: $245K, 20 salesCondos 2023: $255K, 33 salesCondos 2024: $260K, 19 salesCondos 2025: $268K, 16 salesCondos last 12 months: $247K, 8 salesCondos $247K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Arizona

Peoria ranks 48th of 97 busy Arizona markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Peoria is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Peoria home costs about $2,915 a month

Mortgage
Property tax
Insurance
Rent

Price: Peoria’s typical sale, last 12 months. Property tax at Peoria’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Peoria is affordable on local pay is on Cost of living.

Before you buy in Peoria

Six things worth knowing

390

New listings in March

The month with the most choice. December has the fewest, about 198.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $520K home, about $2,430 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Peoria, from test results, graduation and how much students grow.

Schools in Peoria
28 min

Typical commute

The average one-way trip to work for people who live in Peoria.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Sun City West, Surprise, Sun City and El Mirage sell for less a square foot

The busier markets within 25 miles of Peoria, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Surprise3,934$423K$22516%74
Peoria2,798$520K$25612%67
Sun City1,483$265K$18115%75
Sun City West1,066$355K$2138%64
Anthem438$565K$2707%69
El Mirage276$349K$23529%55
Wittmann32$399K$25225%69

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Peoria, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Peoria. People who follow the town see it, and so do people comparing Peoria with their own town. No commission, no listing fee.

Questions about buying a home in Peoria

What do homes sell for in Peoria, AZ?

2,798 homes sold in the year to May 2026 at a typical $520K, $256 a square foot.

Is Peoria a buyer’s or seller’s market?

A seller’s market: 933 homes were for sale in May 2026 and 261 sold, about 3.6 months of supply. Buyers paid 98.1% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Peoria?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Peoria?

About 0.5% of a home’s value a year. On a $520K home that’s near $2,430.

Where can I see homes for sale in Peoria?

Zillow, Redfin, Realtor.com and Homes.com all carry Peoria’s MLS listings; the search links above open each one filtered to Peoria.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).