Peoria, AZ Foreclosures
How much do homes sell for in Peoria, AZ?
The average home price is currently $520,750.
In Peoria, AZ, how many homes are available?
There are currently 639 active home listings available in Peoria.
What’s the average rental cost in Peoria, AZ?
The average rental price in Peoria is $1,767.
What is the most expensive home in Peoria?
The most expensive home sold in Peoria had a price of $106,033,064.
What is currently the cheapest priced home in Peoria, AZ?
The cheapest home for sale in Peoria is priced at $21,692.
Living in Peoria, AZ
Peoria, AZ, is a thriving suburb of Phoenix, recognized for its family-oriented lifestyle and abundant recreational facilities. It offers top-rated schools, a warm climate, and a variety of shopping and dining options. With great connectivity to larger cities, Peoria provides the perfect blend of suburban comfort and metropolitan convenience.
Current Market Conditions in Peoria, AZ
The real estate market in Peoria, AZ, has been experiencing a surge in demand as more families are drawn to its suburban charm and amenities. Home prices have steadily risen due to low inventory and high buyer interest, particularly in family-friendly neighborhoods. The market is characterized by a mix of single-family homes, townhouses, and newer developments that cater to a wide range of buyers.
Investors are taking notice of Peoria's growth, as the city continues to expand with new commercial and residential developments. This trend, coupled with an influx of new residents looking for affordable housing compared to nearby urban centers, suggests a robust market for years to come.
Home Value Estimator For Peoria, AZ
There are currently 61,405 real estate properties
in Peoria, AZ,
with a median automated valuation model (AVM) price
of $445,201.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Peoria, AZ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Peoria, AZ,
is $520,750.00, with the most expensive house
in Peoria, AZ, topping out
at $106,033,064.00 and the cheapest home
in Peoria, AZ,
clocking in at $21,692.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Peoria, AZ!
Rent Prices
In Peoria, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Peoria, AZ, is on
a rollercoaster ride. The
average rent price in Peoria, AZ,
is $1,767.00. Indeed, when looking to rent in
Peoria, AZ, you can expect to pay as little
as $580.00 or as much
as $5,780.00,
with the average rent median estimated to
be $1,720.00. The good news is that finding
an affordable and desirable property to rent in Peoria, AZ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
