Blog · Market Updates
Peoria Housing Market 2026: Prices and ZIP-Code Context
A dated, sourced read on Peoria's 2026 housing market at the ZIP level: median sale prices with their reporting periods and definitions, the spread across the city, and why ZIP medians are context rather than appraisal or forecast.
By Andrew Texidor Realtor · Founder, Clearly Sold Updated October 7, 2026 
The direct answer
Peoria's 2026 market is not one number: the current ZIP-level medians from Redfin's market pages span from $375,000 in 85345 to $650,000 in 85383, each with its own reporting window and a modest year-over-year movement in either direction. The honest way to use this update is ZIP by ZIP, with the period attached, and never as an appraisal or a forecast.
Key takeaways
- Peoria's 2026 ZIP-level medians differ by a wide margin: the current Redfin figures range from $375,000 in 85345 (south Peoria) to $650,000 in 85383 (far north Peoria), so a single citywide average does not describe any specific area. There is no citywide median quoted here because the ZIPs do not support one honest extrapolation.
- Every figure in this guide is a median sale price for all home types over a stated reporting window, per Redfin's ZIP-level market pages, and each window is reported separately because they differ: 85345 through May 2026, 85381 through June 2026, 85382 through August 2026, and 85383 and 85305 with windows the source did not specify precisely.
- Median sale price, asking price, and price per square foot are different metrics. This guide reports median sale prices only, and warns against substituting asking-price data or per-foot figures from other sources into the same comparison, because the metrics do not move together.
- Year-over-year changes are reported per ZIP with their periods: the current figures show modest movement in both directions, from roughly minus 1 to plus 2 percent in the specified ZIPs and a larger reported gain in 85305 with a window that must be checked. Direction is observation, not prediction.
- ZIP-level medians hide wide variation within each ZIP, are not appraisals, and are not forecasts. Pricing a specific home starts with recent sales of comparable properties in the specific neighborhood, not with a ZIP table.
What do the 2026 ZIP-level figures show?
The table below is the entire substance of this update: five ZIPs, five medians, and the exact reporting window for each, with the source named. Every entry is a median sale price for all home types over the window stated, from Redfin's ZIP-level housing market pages.
ZIP 85345
$375,000
South Peoria, around Old Town and Grand Avenue
- Window:
- 3 months ending May 2026
- Year over year:
- down 1.3% year over year
- Source:
- Redfin ZIP page dated June 2026
The area's lower-price submarket by the current figures, and the historic heart of the city.
ZIP 85381
$472,000
Central Peoria, near the Lake Pleasant and Peoria avenues area
- Window:
- 3 months ending June 2026
- Year over year:
- up 2.3% year over year
- Source:
- Redfin ZIP page dated July 2026
A mid-range submarket with modest reported year-over-year growth.
ZIP 85382
$440,000
North Peoria, the 83rd Avenue and Union Hills area
- Window:
- 3 months ending August 2026
- Year over year:
- down 1.2% year over year
- Source:
- Redfin ZIP page dated August 2026
A mid-range submarket with a small reported decline in its window.
ZIP 85383
$650,000
Far north Peoria, the Vistancia area and beyond
- Window:
- Last month reported by the source; exact period not specified
- Year over year:
- down 1.7% year over year
- Source:
- Redfin ZIP page, as of this guide's date
The highest-priced ZIP in the current set; the period must be checked on the live page before use.
ZIP 85305
$540,000
Southwest edge near Westgate, straddling the Glendale and Peoria boundary
- Window:
- Last 3 months reported by the source; exact period not specified
- Year over year:
- up 14.9% year over year
- Source:
- Redfin ZIP page, as of this guide's date
A higher-priced, smaller-market ZIP where the reported gain is the largest in the set and the sample size should be treated with care.
Two rows carry period caveats on purpose: the source pages for 85383 and 85305 did not specify the exact as-of month in the figures reviewed, so this guide reports the label the source used and flags the gap rather than filling it. Redfin refreshes these pages monthly, so each figure is current only to its stated date.
Why do the ZIPs differ so much?
Geography explains most of the spread. South Peoria, around 85345 and its Old Town core, holds the city's older, smaller, and more affordable housing stock. Central ZIPs sit in the middle. The far north, 85383 with Vistancia and beyond, trades on newer construction and larger homes at the highest medians. Each ZIP is its own submarket with its own mix of age, size, and inventory, which is exactly why a single citywide number would misdescribe all of them.
The same set of ZIPs also shows the limits of ZIP data: 85305 straddles the Glendale and Peoria boundary and reflects a smaller market, where one reported 14.9 percent year-over-year gain rests on a small sample and a period that must be checked. The caution is not that the number is wrong; it is that small markets move in large percentages, and the context is part of the data.
What is the difference between the metrics people quote?
Median sale price
The middle of closed sales over the window. This guide's only metric, stated with its period on every row.
Asking price
What sellers are asking, which can run above or below sales. A listing-side metric, not a sale metric.
Price per square foot
A third metric on its own source and period. Substituting one metric for another silently breaks the comparison.
This guide reports only median sale prices from the named source, so no metric mixing is done here. When reading other updates, the discipline is the same: attach the source, the period, and the metric to every number, or the number is not usable.
How do you use ZIP-level data on a specific home?
ZIP first, then neighborhood
Use the ZIP as the outer layer, then narrow to the subdivision and street, because ZIPs contain wide spreads.
Compare like for like
Match the home against recent sales of similar size, age, condition, and features in the same area, with consistent windows.
Current comparables, not medians
A free market analysis pulls the current comparables for a specific address with the reasoning shown, which is the step after this guide.
Nothing in this guide is an appraisal, an affordability judgment, or a forecast, and no citywide conclusion is drawn from any single ZIP. The dated data exists to make the next step, comparables for a specific address, more honest.
Frequently asked questions
What is the median home price in Peoria right now?
There is no single honest answer, because Peoria's ZIPs range from $375,000 to $650,000 in the current dated figures, and each figure carries its own reporting window. The useful answer is the ZIP-level median for the specific area you care about, with its period attached, which is exactly how this guide presents the data.
Why do the reporting periods differ between ZIPs?
Redfin publishes each ZIP page on its own refresh cycle with its own stated window, so 85345's figures run through May 2026 while 85382's run through August 2026. Comparing the ZIPs directly requires the same or overlapping windows, and where the source did not state the window precisely, this guide says so instead of guessing.
Is Peoria's market going up or down in 2026?
The current dated figures show modest movement in both directions: small declines in 85345, 85382, and 85383, small growth in 85381, and a larger reported gain in 85305. That is observation within stated windows, not a prediction, and no source or article can honestly forecast where the market goes next.
What is the difference between median sale price and asking price?
A median sale price is the middle of actual closed sales in the window; an asking (list) price is what sellers are asking, and the two routinely differ in any direction. Price per square foot is a third metric entirely. Mixing them from different sources produces comparisons that do not mean what they appear to mean.
How should I use this guide for a specific home?
As context, not as an appraisal. Find the ZIP and its window, then compare the specific home against recent sales of genuinely comparable properties: same area, similar size, age, condition, and features. A ZIP median can hide a wide spread within a few streets.
Sources and dates
ZIP-level median sale prices and year-over-year changes verified October 7, 2026 against Redfin's ZIP housing market pages for 85345 (page dated June 2026, window through May 2026), 85381 (page dated July 2026, window through June 2026), 85382 (page dated August 2026, window through August 2026), and 85383 and 85305 (pages current as of this guide's date, with the source-stated windows reproduced). All figures are medians for all home types over the stated windows; the 85383 and 85305 periods were not precisely specified in the reviewed source text and are flagged accordingly. Redfin refreshes these pages monthly, so every figure is current only to its stated page date.
Educational note: this article reports dated, sourced market data with its methodology attached. It is not an appraisal, an affordability determination, a forecast, or a claim about any specific property's value. ZIP medians hide wide variation within each ZIP, sources revise their figures, and markets change after publication. Value for a specific home comes from recent sales of truly comparable properties; confirm current figures with a licensed professional before relying on them.
Next step
Want the current numbers for a specific Peoria address?
A free market analysis pulls recent comparable sales for the exact home and neighborhood you are considering, with the reasoning shown. No forecasts, just the dated evidence and what it means.
- Phone
- 623-400-5957
- andrew@clearlysold.com