Peoria, AZ
Peoria housing market, October 2026.
A plain-English snapshot of the Peoria, Arizona housing market, updated monthly. No hype, just the numbers and what they mean.
Is the Peoria, AZ housing market a buyer's or seller's market?
In October 2026 Peoria is a balanced market leaning slightly toward buyers. The median single-family sale price is about $515,000, down roughly 3% from a year ago, homes are taking about 76 days to sell, and there are around four months of supply. Well-priced homes still sell; overpriced ones sit.
Updated October 2026
These figures are rounded from published MLS-derived market reports for the city of Peoria, single-family homes only, as of late October 2026. Jan can pull exact ARMLS numbers for any zip code or neighborhood on request.
Four months of supply is the line most agents use between a seller's market (under four) and a buyer's market (over six). Peoria is sitting right at it.
Peoria at a glance, October 2026
Month-over-month moves are small; the year-over-year direction is what matters.
| Measure | October 2026 | Versus a year ago | What it means |
|---|---|---|---|
| Median sale price, single-family | About $515,000 | Down about 3% | Prices have softened slightly after years of gains |
| Median days on market | About 76 days | Down from about 81 | Homes are selling a bit faster than last fall |
| Months of supply | About 4.0 | Up slightly | Balanced, edging toward buyers |
| Active listings | About 1,000 to 1,100 | Up | More choice than in 2024 or 2025 |
| Median list price | About $510,000 to $575,000 | Flat to down | Sellers are pricing closer to what buyers pay |
Rounded from published MLS-derived reports for Peoria, AZ, single-family homes, late October 2026. Different sources measure list versus sold prices, so ranges are shown where they disagree.
What this means if you are buying in Peoria
Buyers have more leverage than they have had in several years. Seller credits toward closing costs and rate buy-downs are back on the table, especially on homes that have been listed more than 45 days. New-build incentives in north Peoria are also strong.
Down payment assistance programs are still funded for buyers under the income limits, and combining assistance with a seller credit can cut cash to close dramatically.
- Ask for seller concessions on any home listed over 45 days
- Compare new-build incentives against resale credits
- Check whether you qualify for Arizona down payment assistance before you shop
What this means if you are selling in Peoria
Pricing is everything in a four-month-supply market. Homes priced at or just under recent comparable sales are still drawing offers within a few weeks; homes priced on last year's values are the ones hitting 90 days and taking price cuts.
Jan prepares a free valuation from actual closed sales of similar homes, not an online estimate.
- Price to the last 60 days of sold comps, not to active listings
- Expect to negotiate a credit or a repair concession
- Presentation matters more when buyers have choices
Selling in Peoria?
A good listing starts with an honest valuation. Jan prepares a free, no-obligation valuation using recent sales of similar homes, then walks you through preparation, pricing and negotiating offers.
Frequently asked questions about Peoria real estate
What is the median home price in Peoria, AZ?
About $515,000 for a single-family home in October 2026, down roughly 3% from a year earlier. Prices range widely by zip code, from about $350,000 in 85345 to $650,000 and up in 85383.
How long do homes take to sell in Peoria?
The median is about 76 days on market in October 2026. Well-priced homes in popular neighborhoods often go under contract in two to four weeks; overpriced homes account for most of the long tail.
Are home prices dropping in Peoria, AZ?
Slightly. The median single-family sale price is down about 3% year over year as of October 2026, with more inventory and longer marketing times than in 2024. It is a soft landing rather than a drop.
Is now a good time to buy in Peoria?
For buyers who plan to stay five or more years, a balanced market with seller concessions available and down payment assistance still funded is a reasonable time to buy. Jan can show you the monthly cost on specific homes, including any assistance you qualify for.
How often is this page updated?
Monthly, usually in the first week of the month, with the prior month's figures.
Is down payment assistance available for homes in Peoria?
Yes. Several Arizona programs apply statewide, including homes in Peoria. Eligibility depends on income, credit score, purchase price limits and, for some programs, first-time buyer status. Helping buyers use these programs is Jan's specialty, so ask her which ones you may qualify for before you start shopping.
Ready to make a move in Peoria?
Tell Jan what you are hoping to do and she will map out your next steps.