The latest read on the Peoria market — pricing, pace, rental demand, and what it means for buyers, sellers, and owners this quarter.
Greater Phoenix median sales price ≈ $458K with active inventory up ~13% year-over-year (≈2.4 months of supply); metro median rent ≈ $1,350 with vacancy near 8% — a balanced, negotiation-friendly market. Economic backdrop: TSMC’s Arizona commitment reached $265 billion in July 2026, and Axon’s approved Scottsdale HQ projects ~5,500 high-wage jobs. Sources: The Cromford Report, Apartment List, Arizona Commerce Authority.
Figures are general market estimates as of Q2 2026 for orientation only and are not a guarantee of value. Contact us for current, property-specific analysis. Data compiled from regional MLS and public sources.
Peoria spans established neighborhoods, the P83 district, and master-planned growth toward Lake Pleasant (Vistancia). Its median near $515K eased modestly as inventory grew — more buyer choice in a strong-fundamentals market.
Strong schools and recreation; more inventory and choice than the peak.
Well-located homes near schools and the lake remain desirable.
Family and recreation demand supports dependable single-family rentals.
Around a $515K median into 2026, with strong schools, recreation, and master-planned growth toward Lake Pleasant.
Yes — strong schools, parks, and Lake Pleasant recreation make it a popular family choice.
Market estimates are a starting point. For an accurate read on your Peoria home or purchase, reach our designated broker directly.