Peoria, AZ — Momentum Score, Home Values & Best-For

All states·Arizona·Peoria

Maricopa County · Phoenix-Mesa-Chandler · population 199,924

Peoria, AZ
Image: Wikipedia · Peoria, Arizona
OverviewCost of livingMoving guide
View watchlist →
54
Stable
Momentum score · 0–100

Where Peoria stands

Steady, no major recent move.

Median home $488,428
1-year -1.5%
5-yr CAGR +4.3%
vs 5-yr peak -9.7%
Population +1.2%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-07$488k$241k$348k$455k$562k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
79/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,839/mo$1,470$1,736$2,002202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent123118100120140202220242026

Rent vs buy

Price-to-rent ratio: 22.1
Lean rent

At a 22.1 price-to-rent ratio, the math is starting to lean toward renting in Peoria. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
43 · w22%
Home 5-yr CAGR
61 · w22%
Distance from peak
46 · w18%
Population growth
67 · w16%
Rent YoY
45 · w12%
Home 10-yr CAGR
72 · w10%
Long thesis

Peoria has held up across the cycle: home values at $488,428 with +4.3% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Peoria's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Peoria

Peoria is a city in Maricopa County, Arizona, with an estimated population of 199,924. It anchors the Phoenix-Mesa-Chandler metro area. The population grew 1.2% annually from 2020 to 2024, a moderate gain. The median home value in Peoria is $488,428 as of 2026-04, down 1.5% over the last 12 months. Over the last five years, home values have averaged +4.3% annual growth (-9.7% from the 5-year peak). Rents in Peoria average $1,839 per month, roughly flat year-over-year (+0.0%). The composite momentum score is 54 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

▲ Bull case

●Net positive migration: population up 1.2% per year — demand fundamentals are intact.
○The data is the data: Peoria has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Peoria (Wikipedia)

Peoria is a city in Maricopa and Yavapai counties in the U.S. state of Arizona. Most of the city is located in Maricopa County, while a portion of it in the north is in Yavapai County. It is a major suburb of Phoenix. As of the 2020 census, the population of Peoria was 190,985, up from 154,065 in 2010. It is the sixth-largest city in Arizona in land area and the ninth-largest in population. It was named after Peoria, Illinois. The word peoria is a corruption of the Miami-Illinois word for "prairie fire". It is the spring training home of the San Diego Padres and Seattle Mariners, who share Peoria Sports Complex.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorDenette Dunn
Area179.25 sq mi
Elevation1581 ft
EstablishedJune 7, 1954
Density1084.64/sq mi
Named forPeoria, Illinois

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Maricopa County right now.

NWS active alerts (AZ)Arizona Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Maricopa County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Peoria

91 tracked · ranked by median home value
1Talas$1,088,757+2.8%
2Florenza$853,121+2.9%
3Pleasant Valley$842,738+2.0%
4The Meadows$775,009+0.3%
5Deer Valley Estates$770,883+2.0%
6Terra Vista Estates$707,068-2.1%
7Silverton$706,199-0.5%
8Tierra Norte$690,819+4.8%
9Sunset Ranch$677,319+0.6%
10Westwing Mountain$670,466+0.3%
11Catalina$635,142-0.6%
12Rock Springs$630,948+0.7%
13Tierra Del Rio$626,147+1.4%
14Terramar$606,745-3.5%
15Cactus Meadows$589,077-1.3%
16Paseo Verde Estates$574,622+0.5%
17Sonoran Mountain Ranch$566,221-0.6%
18Sweetwater Ridge$557,145+1.0%
19Desert Star$549,335+0.4%
20Chesapeak Park$533,995+0.1%
21Fletcher Heights$528,176-1.0%
22Cactus Heights$524,866+0.4%
23Camino A Lago$523,944+1.0%
24Ironwood$514,186-2.4%

See the full neighborhood ranking →

Cities like Peoria

Tempe, AZ55 · StableGlendale, AZ52 · StableChandler, AZ51 · StableGilbert, AZ57 · Stable

Run the numbers for Peoria

ToolCan I afford Peoria?Income → city shortlistToolROI on a Peoria rentalCap rate, cash-on-cash, DSCRToolCompare Peoria to anywhereSide-by-side up to 3 citiesToolPeoria cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
65° / 41°
avg high / low
Summer (Jul)
106° / 79°
avg high / low
Sunny days/yr
286
~78% of year
Annual precip
14″ rain
2″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
Low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Phoenix-Mesa-Chandler area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Peoria listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
36%
Very dry climate
Median household income
$72,900
Arizona state median
Top industries (state-level)
HealthcareConstructionTech

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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