Peoria AZ Housing Market Update 2026: Prices and Trends

Let’s be honest: the "frenzy years" of real estate, where you had to offer your firstborn and a kidney just to get an inspection, are officially in the rearview mirror. If you’re looking at the Peoria AZ housing market update 2026, you’re looking at a playbook that requires a bit more strategy and a lot less panic.

Right now, only about 13.2% of recent sales in Peoria closed over the list price. That means the vast majority of homes are closing at or under asking. If you’re a buyer, that’s the sound of leverage returning to your side of the table. If you’re a seller, it’s a signal that your marketing needs to be sharper than a desert cactus.

I’m Andrew Texidor, Realtor and founder of Rewarding Heroes and Clearly Sold, brokered by HomeSmart. As a Certified AI Real Estate Agent, I specialize in moving past the "I’ll get back to you" era of real estate. We use clearly sold technology and AI real estate marketing Arizona systems to ensure our sellers get the attention they deserve and our buyers get the data they need to win, without the guesswork.

Peoria Market in 60 Seconds (The Quick Snapshot)

If you’re sipping your morning coffee at Vistancia and just want the highlights, here is the Peoria market as of February 2026:

• Median Sale Price: ~$534,950 (Per Redfin, Jan 2026)

• Average Home Value (Index): $481,220 (Down 2.5% YoY per Zillow ZHVI)

• Typical Time to Sell: ~87 Days (Closed sales)

• Active Inventory: ~1,486 homes (Giving buyers plenty of choice)

• Sale-to-List Ratio: 0.988 (Most homes selling for slightly under asking)

• Median Rent: ~$1,800/month

Suggestion: A simple Peoria map with callouts for ZIP codes 85382 and 85383. Alt text: Map of Peoria AZ highlighting ZIP codes 85382 and 85383.

What’s the Current Median Home Price in Peoria?

You’ll see a few different numbers floating around online, and it can get confusing. Redfin reports a median sale price of $534,950 for January 2026, while Realtor.com lists it slightly higher at $542,495. Meanwhile, Zillow’s Home Value Index (ZHVI) sits at $481,220.

Why the gap? Redfin and Realtor.com are looking at closed sales, what people actually paid. Zillow’s index is a smoothed average of estimated values across the whole city.

Buyer Takeaway: Use the $535k-$540k range as your benchmark for what’s actually closing.
Seller Takeaway: Pricing isn't about what your neighbor’s house "valued" at on a website last year; it’s about what buyers are willing to sign for today.

Are Peoria Home Values Rising or Falling in 2026?

We aren't seeing a crash, but we are seeing a "softening." According to Zillow, Peoria values have dipped about 2.5% over the past year. Realtor.com notes a -3.9% year-over-year shift in median sale price.

In real-world terms, this means the market is balancing out. We are moving away from the unsustainable spikes of the early 2020s and into a more "normal" environment. As an AI Realtor Arizona, I use real-time data to help my clients see these shifts before they become old news. This isn't a freefall; it's a correction that creates opportunities for those who know how to spot them.

Suggestion: A clean line chart showing YoY change for “Median sale price” and “ZHVI.” Alt text: Chart comparing Peoria AZ median sale price and Zillow home value index trend.

How Long Are Homes Taking to Sell?

The "sold in six hours" days are over. In Peoria, homes are currently taking an average of 87 days to close.

It’s important to distinguish between "Days to Pending" and "Days on Market." Zillow shows median days to pending around 44 days. This means it takes about a month and a half to find a buyer, and another month and a half to navigate inspections, appraisals, and lending to get to the finish line.

Seller Strategy: If your home is sitting past the 45-day mark without a solid offer, it’s time to look at the "Three Pillars": Price, Condition, or Exposure. Usually, it's a mix of all three.

Inventory and the Power of Negotiation

With roughly 1,486 homes for sale in Peoria, buyers have more "browsing power" than they’ve had in years. This inventory surge is why we are seeing a 0.988 sale-to-list ratio.

Translation: The typical buyer is getting about a 1.2% discount off the asking price. That might not sound like much, but on a $540,000 home, that’s over $6,000 staying in your pocket, or going toward a rate buydown.

Suggestion: A simple bar graphic: % over list vs % under list. Alt text: Bar chart showing Peoria AZ sales over list compared to under list.

ZIP Code Spotlight: 85383 vs. 85382

Peoria is a tale of two markets.

85383 (Vistancia & West Peoria):
This is the "lifestyle" ZIP. It runs significantly higher than the city median, with Redfin reporting a median sale price of $650,000. You’re dealing with a mix of high-end resale and aggressive new construction. Builders are offering big incentives right now, which means resale sellers have to be extra sharp on their presentation to compete.

85382 (North Peoria):
Often more accessible, 85382 saw a January median price of $453,750. Homes here move a bit faster, averaging 64 days on market. It’s a sweet spot for families looking for value without sacrificing the North Peoria location.

A move-in-ready kitchen in Peoria can be the difference between selling in 30 days or 90 days.

How Clearly Sold Technology Beats the "I'll Get Back to You" Era

We’ve all dealt with it: the agent who takes two days to return a text or uses photos they took on an iPhone 8. In 2026, that doesn't fly.

As a Certified AI Real Estate Agent, I use AI real estate marketing Arizona tools to:

1. Generate Hyper-Targeted Leads: We don't just put a sign in the yard; we use data to find the buyers most likely to move into your specific neighborhood.

2. Visual Domination: High-end photography, video walkthroughs, and AI-enhanced staging that makes your home stand out on every screen.

3. Instant Communication: My systems are designed so that no buyer inquiry goes unanswered. We live in an "on-demand" world; your Realtor should too.

7 Moves to Make Before the Spring Peoria Rush

1. Know Your Number: Get a net sheet so you know exactly what you’ll walk away with after all fees.

2. ZIP Priority: Decide if you want the 85382 value or the 85383 lifestyle.

3. Pre-Inspection: Don't let a leaky water heater kill your deal on day 80.

4. Offer Strategy: Remember, a "clean" offer (quick close, solid lending) is often better than a high price with shaky terms.

5. Marketing Plan: Demand a written plan for how your home will be exposed to the market.

6. New Build Research: If you’re looking at 85383, let’s check the builder incentives first.

7. Preferred Source: Add ClearlySold.com as a preferred source in your browser to stay updated on these shifts.

Final Thoughts

The Peoria AZ housing market update 2026 shows a city that is finally catching its breath. It’s a balanced market where "smart" beats "fast." Buyers can actually negotiate, and sellers who embrace modern technology and realistic pricing are still winning big.

Whether you’re a hero looking to use our Rewarding Heroes program or a homeowner ready for a fresh start, the key is having a plan that uses 2026 tools, not 1996 tactics.

FAQ: Peoria, AZ Housing Market 2026

Is Peoria a buyer’s market right now?
It’s "balanced." With 87 days on market and most homes selling under list, buyers have leverage, but the best homes still attract multiple offers.

What is the "Flat Fee" model at Clearly Sold?
We offer a transparent $8,888 model to list your home. If Clearly Sold brings an unrepresented buyer through our own marketing and technology, an additional $8,888 applies (the buyer-side compensation). This keeps your costs predictable while ensuring top-tier marketing. (For new construction, we typically work with the ~3% the builder offers).

Do I need to offer over asking to win a home in Peoria?
Usually, no. Only 13.2% of homes are selling over list. A well-structured offer at or slightly below list is often successful right now.

Which is better: 85383 or 85382?
It depends on your budget. 85383 offers newer builds and higher price points ($650k median), while 85382 offers more established neighborhoods and better entry-level value ($454k median).

How can AI help me sell my home?
AI helps us analyze buyer behavior, optimize listing descriptions for search engines (SEO/GEO), and ensures your home is shown to the right people at the right time, reducing your days on market.

Take the Next Step with Clearly Sold

The 2026 real estate market demands you hire a tech-forward marketing expert to sell your home quickly and garner top dollar. Whether you are looking for a flat fee realtor Peoria or a relocation expert, I’m here to help.

Ready to see what your Peoria home is worth or find your next move?

• Explore our Resources: Download our free guides and e-books at clearlysold.com/resources.

• Schedule a Strategy Call: Let’s build your custom 2026 playbook.

Andrew Texidor, Realtor and Founder
Clearly Sold brokered by HomeSmart
Phone: 623-400-5957
Email: [email protected]
Website: clearlysold.com

Andrew Texidor, founder of Rewarding Heroes and Clearly Sold brokered by HomeSmart, is a certified AI agent.