Peoria, AZ Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$516K

Median Sale Price

74

Days on Market

3.0

Months of Supply

-4.1%

YoY Change

Balanced Market

Market Type

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Best Time to Buy by Property Type in Peoria

Peoria is a Balanced Market

Market conditions in Peoria favor neither buyers nor sellers significantly.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $516K
Median List Price $545K
Price per Sq Ft $256
YoY Price Change -4.1%

Sales Activity

Homes Sold (Monthly) 248
New Listings 191
Pending Sales 194
Sale-to-List Ratio 98.3%

Inventory & Timing

Active Inventory 754
Months of Supply 3.0
Days on Market 74 days
Sold Above List 13%

Best Time to Buy in Peoria

Best Month to Buy

Feb

Typically lowest prices

Most Expensive Month

Jun

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Peoria

Current DOM

74

days

Average DOM

46

days

Fastest

17

days

Slowest

85

days

Homes are currently selling slower than usual in Peoria.

View detailed selling time analysis →

Peoria, AZ Real Estate Market Analysis

The Peoria housing market is currently characterized as a balanced market. With a median sale price of $516K and homes spending an average of 74 days on the market, conditions are relatively balanced between buyers and sellers.

Peoria Median Home Price in 2026

The median home price in Peoria, AZ is currently $516K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Peoria Days on Market in 2026

Homes in Peoria are averaging 74 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Peoria a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Peoria guide. Sellers should also review our how long homes take to sell in Peoria analysis.

What to Expect When Buying in Peoria

The balanced market conditions mean you can take a measured approach to buying, though well-priced homes will still attract multiple offers.

Should You Buy, Sell, or Wait in Peoria?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Peoria

Homes in Peoria are selling at 98.3% of their list price on average. Approximately 13% of homes sell above asking price. The typical time to sell is 74 days from listing to closing. Check current real estate commission rates in Arizona to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Peoria page and our how long it takes to sell in Peoria report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Peoria market block by block.

Peoria, AZ Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Peoria real estate market heading into 2026.

Price Forecast

A 4.1% decline signals a significant correction. Buyers may find better deals as sellers adjust expectations.

Inventory Outlook

With 3.0 months of supply, the market is approaching balance. Neither buyers nor sellers hold a decisive advantage.

Selling Speed

With 74 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: The Peoria market is balanced. Both buyers and sellers benefit from having a skilled local real estate agent to navigate current conditions. Find a Peoria real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Peoria Real Estate

Is Peoria, AZ a good place to buy a house in 2026?

Peoria, Arizona has a active with steady buyer interest real estate market in 2026. The median home price is $516K. Homes typically sell in 74 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Peoria, AZ?

The median home price in Peoria, Arizona is $516K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Peoria, AZ?

Houses in Peoria, Arizona typically sell in 74 days on average. Market conditions favor strategic pricing and professional marketing. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Peoria, AZ?

Real estate agent commissions in Peoria, Arizona typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Peoria, AZ good for first-time home buyers?

Peoria, Arizona offers opportunities for first-time buyers, with various neighborhoods at different price points. Arizona offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

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