Stephen Patterson II ASAP Realty Group Powered by AXEN Realty
West Valley

Buying a home in Peoria, AZ

From established neighborhoods in the south to lake-country communities in the north, here is what to know about buying in Peoria.

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Single-story home with a turf backyard and desert landscaping

Peoria market snapshot

Data for September 2026. Source: ARMLS. Months of supply = active listings divided by monthly closings.
Median sale price$499,900
Median days on market64
Active listings905
Average sale-to-list98.41%
Closings215
Months of supply4.21
Median sold price per sq. ft.$252
New listings347

Peoria had the highest median sale price of the five cities I cover, at $499,900, and the typical home took 64 days to sell. Buyers paid about 98.4% of list price on average, with about 4.2 months of supply. Newer communities in the north and established areas in the south price very differently, so we compare by area.

Why buyers choose Peoria

  • Lake PleasantOne of Arizona's largest lakes, with boating, fishing, and camping in north Peoria.
  • Trails and parksMiles of mountain and multi-use trails, plus parks spread throughout the city.
  • Spring trainingThe Peoria Sports Complex brings Cactus League baseball every spring.
  • Freeway accessLoop 101 and Loop 303 connect Peoria with Glendale, Phoenix, and the West Valley.
  • Newer communitiesNorth Peoria has master-planned communities with newer construction.
Shaded backyard with mature citrus trees
Things most people do not know

Peoria by the numbers you have not heard.

1886

Named after home

Four families from Peoria, Illinois, settled here and named the new town after the place they left.

1927

A dam under the lake

The original Waddell Dam, finished in 1927, now sits underwater in Lake Pleasant. It was submerged when the larger New Waddell Dam was built.

1994

A spring training first

The Peoria Sports Complex opened as the first spring training facility designed to be shared by two teams.

2

Counties in one city

Most of Peoria is in Maricopa County, but its far northern section reaches into Yavapai County.

Peoria areas to know

Vistancia A master-planned community in north Peoria near Loop 303.
P83 area Central Peoria near the Peoria Sports Complex and Loop 101, with dining and entertainment nearby.
Old Town Peoria Established homes near the city's historic center.
North Peoria Newer neighborhoods on the way to Lake Pleasant, with desert and mountain views.
Stephen Patterson II

Your Peoria agent, and your numbers person.

I help buyers compare Peoria areas side by side, understand what they can comfortably afford, and write offers that hold up through inspection and closing. As a licensed Realtor and Arizona loan originator, I can answer the house questions and the financing questions in one place.

★★★★★
"Stephen was amazing, from start to finish he was right there to answer questions, take phone calls, even console me when I felt things were getting to be a bit much. Looking back the process was smooth sailing."
Angela W., Google review

Peoria buyer questions

Does it matter which county a Peoria home is in?

It can. A small part of north Peoria is in Yavapai County, and property taxes, services, and some programs can differ by county. We check the details for any home you consider.

What should I check in a master-planned community?

HOA rules, fees, amenities, and any planned assessments. Some newer communities also have special taxing districts, so we review those costs up front.

Are there down payment assistance programs?

Some programs exist for Arizona buyers, and eligibility depends on income, credit, price limits, and each program's current rules. Not all buyers will qualify. My down payment assistance guide explains the main types, and we can review what fits you on a call.

How long does it take to buy a home?

Once you are under contract, many purchases close in about 30 to 45 days, depending on the loan, the appraisal, and the seller. The search itself can take a few weeks or a few months. Every timeline depends on your situation.

Thinking about Peoria? Let's map out your options.

A 15-minute call to talk through areas, budget, and timing.

Book a 15-minute call 623-469-4564