Housing in Peoria, AZ is on the rise! The median value of homes in Peoria is currently $441,400, much higher than the US median house price of $338,100. In addition to the higher median value, homes in Peoria have seen a greater appreciation rate over the past year at 11.29%, compared to the US 1 year house appreciation rate of 8.27%. With increasing values and faster appreciation rates this makes Peoria an attractive market for potential homeowners looking for quality housing options.
The median home cost in Peoria is $441,400. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Peoria is up 21.9%.
Average Age of Homes
- The median age of Peoria real estate is 21 years old
The Rental Market in Peoria
- Renters make up 26.2% of the Peoria population
- 1.9% of houses and apartments in Peoria, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.