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Lake Pleasant Heights

PEORIA, AZ 85383

Real Estate Market Report  ·  Maricopa County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The PEORIA, AZ real estate market (85383) currently shows 489 active listings, with 124 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has tightened compared to last year, with 45 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 69 days on market compared to 68 days last year.

The median listing price has risen 2.6% year-over-year, from $677,750 to $695,495.

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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
489
⇩ 8.4% vs 534 last year
Pending
124
25% pending ratio
Median Price
$695,495
⇧ 2.6% vs $677,750 last year
Average Price
$800,725
⇧ 4.5% vs $766,487 last year
Days on Market
69
⇧ 1.5% vs 68 days last year

Price Per Square Foot

Median $/sqft
$267
⇩ 0.7% vs $269/sqft last year
Median Home Size
2,573 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 489 this year vs 534 last year
  • Days on market: 69 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $695,495 (+2.6% YoY)
  • Average: $800,725 (+4.5% 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 — 3,358 listings ($1,740,573,199 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85383Peoria, AZ 853830.0 mi583$464,009,117$683,500$795,899
85375Sun City West, AZ 853759.4 mi501$205,696,572$385,000$410,572
85387Surprise, AZ 853879.9 mi555$293,833,650$466,500$529,430
85382Peoria, AZ 8538211.0 mi226$102,850,340$440,000$455,090
85310Glendale, AZ 8531011.2 mi63$62,934,102$745,000$998,954
85308Glendale, AZ 8530812.5 mi217$129,508,855$519,325$596,815
85351Sun City, AZ 8535113.7 mi607$165,660,012$265,000$272,916
85381Peoria, AZ 8538114.2 mi90$48,864,510$453,450$542,939
85085Phoenix, AZ 8508514.3 mi187$141,665,964$699,950$757,572
85335El Mirage, AZ 8533514.9 mi78$32,173,596$372,225$412,482
85363Youngtown, AZ 8536315.1 mi39$12,750,114$357,175$326,926
85053Phoenix, AZ 8505316.0 mi71$28,285,193$397,875$398,383
85345Peoria, AZ 8534516.4 mi141$52,341,174$375,750$371,214

Frequently Asked Questions

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

As of September 2026, there are 489 active listings in PEORIA, AZ (zip code 85383), compared to 534 the prior year.

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

The median listing price in PEORIA, AZ 85383 is $695,495 as of September 2026, a 2.6% increase from $677,750 the prior year.

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

Homes in PEORIA, AZ 85383 spend an average of 69 days on the market before going under contract, compared to 68 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 September 2026, PEORIA, AZ 85383 is currently a Balanced Market. Inventory has tightened compared to last year, with 45 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 69 days on market compared to 68 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 $13,910 compared to a typical 5% commission on the median listing price of $695,495. 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.