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PEORIA, AZ 85383

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PEORIA, AZ real estate market (85383) currently shows 583 active listings, with 183 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 54 more homes available — giving buyers more choice.

Homes are selling faster, averaging 47 days on market compared to 52 days last year.

The median listing price has fallen 2.6% year-over-year, from $701,500 to $683,500.

Whether you are buying or selling in PEORIA, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 69,177  ·  Density: 170.3/mi²  ·  Median household income: $131,156

Typical home value: $538,921  ·  Homeownership: 91.7%

Market Overview

Active Listings
583
⇧ 10.2% vs 529 last year
Pending
183
31% pending ratio
Median Price
$683,500
⇩ 2.6% vs $701,500 last year
Average Price
$795,899
⇧ 0.9% vs $788,619 last year
Days on Market
47
⇩ 9.6% vs 52 days last year

Price Per Square Foot

Median $/sqft
$278
⇩ 3.5% vs $288/sqft last year
Median Home Size
2,537 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 583 this year vs 529 last year
  • Days on market: 47 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $683,500 (-2.6% YoY)
  • Average: $795,899 (+0.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.4 miles — 3,060 listings ($1,575,710,334 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85383Peoria, AZ 853830.0 mi486$389,664,594$684,950$801,779
85375Sun City West, AZ 853759.4 mi469$192,486,042$379,000$410,418
85387Surprise, AZ 853879.9 mi508$270,904,208$464,490$533,276
85382Peoria, AZ 8538211.0 mi195$89,684,400$449,450$459,920
85310Glendale, AZ 8531011.2 mi62$59,784,864$659,000$964,272
85308Glendale, AZ 8530812.5 mi205$120,941,390$509,900$589,958
85351Sun City, AZ 8535113.7 mi551$151,005,958$265,000$274,058
85381Peoria, AZ 8538114.2 mi97$52,150,110$454,999$537,630
85085Phoenix, AZ 8508514.3 mi168$128,703,456$699,900$766,092
85335El Mirage, AZ 8533514.9 mi78$28,991,586$360,000$371,687
85363Youngtown, AZ 8536315.1 mi36$12,389,256$368,800$344,146
85053Phoenix, AZ 8505316.0 mi69$27,619,182$399,000$400,278
85345Peoria, AZ 8534516.4 mi136$51,385,288$385,000$377,833

Frequently Asked Questions

How many homes are for sale in PEORIA, AZ 85383?

As of February 2026, there are 583 active listings in PEORIA, AZ (zip code 85383), compared to 529 the prior year.

What is the median home price in PEORIA, AZ 85383?

The median listing price in PEORIA, AZ 85383 is $683,500 as of February 2026, a 2.6% decrease from $701,500 the prior year.

How long do homes stay on the market in PEORIA, AZ?

Homes in PEORIA, AZ 85383 spend an average of 47 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in PEORIA, AZ 85383?

Based on current inventory and days-on-market data as of February 2026, PEORIA, AZ 85383 is currently a Balanced Market. Inventory has increased compared to last year, with 54 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 52 days last year.

How much can I save on real estate commission in PEORIA, AZ?

With SELL123.com's maximum 3% commission, sellers in PEORIA, AZ 85383 save an estimated $13,670 compared to a typical 5% commission on the median listing price of $683,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.