The story of this market
The typical home in ZIP 85382 sells for about $436,000, or $242 per square foot.
Prices are down 4.3% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 85382 — Peoria
The 85382 housing market is experiencing a summer slowdown with median sale prices around $436,000 and days on market extending into the 55-65 day range. Year-over-year price trends show a decline of approximately 4.3% to 4.7%. Several demographic and specific census-level figures were not determinable at the ZCTA level for this report.
This ZIP is well-suited for family buyers seeking inventory under $500,000 and those looking for established master-planned communities with strong local amenities.
Median prices moved down 4.3% year over year.
Homes spend a median of 54 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The ratio of registered sex offenders to residents in 85382 is lower than the Arizona state average.
The area is anchored by the Arrowhead corridor, featuring established master-planned communities and significant residential inventory.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
The area includes Arrowhead Lakes, Arrowhead Ranch, and Westbrook Village, offering a high amenity-to-price ratio.
The rental market shows ongoing demand with a median rent of $1,650 per month.
The local economy is supported by the Arrowhead corridor, which serves as a central hub for residential and commercial activity in Peoria.
A prominent residential and recreational feature of the area.
A major established residential development in central Peoria.
A significant residential area within the ZIP.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).