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Peoria, AZ 85381

Single-Family Homes

Here is your weekly Market Update!



Peoria, AZ 85381

Sat May 10 2025
This week the median list price for Peoria, AZ 85381 is $514,950 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 64. Click here to stay informed with the Peoria market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Peoria, AZ 85381

Sat May 10 2025
This week the median list price for Peoria, AZ 85381 is $514,950 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 64. Click here to stay informed with the Peoria market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Peoria market.
Median List Price $514,950
Median Price of New Listings $499,000
Per Square Foot $284
Average Days on Market 76
Median Days on Market 21
Price Decreased 33%
Price Increased 5%
Relisted 6%
Inventory 64
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$942,300 2,675 0.25 - 0.5 acre 4 3 1 2 1 31
$550,000 1,954 8,000 - 10,000 sqft 3 2 31 1 2 24
$474,999 1,989 6,500 - 8,000 sqft 3 2 32 4 0 14
$419,995 1,573 4,500 - 6,500 sqft 3 2 27 2 3 31