It’s no coincidence that this Southwestern city bears the same name as a major Midwestern metropolis. Four families from Peoria, Illinois, were among the first to move to what is now Peoria in the late 1800s. The town was first settled as a farming community and the warm climate and small-town atmosphere continue to attract residents and visitors alike. Real estate options consist of single-family detached homes, condominiums and townhouses as well as land and lots for custom building. Peoria is home to approximately 123,000 residents. The city features a wonderful quality of life replete with affordable housing, outstanding schools and many cultural venues and recreational opportunities. Lake Pleasant Regional Park, a 23,662-acre park ideal for boating, camping, water skiing, sailing and fishing, is located within the city limits and has established the town as the “Gateway to Lake Pleasant.” Peoria is served by the excellent Peoria Unified and Deer Valley school districts. Students in both districts consistently score above the national average on standardized tests and dropout rates are some of the lowest in Arizona. In addition, Peoria is minutes away from several well-respected institutions of higher learning, including the American Graduate School of International Management, Arizona State University West, Western International University, Ottowa University and several Maricopa Community College locations. Also located in Peoria is Vistancia, a 7,100-acre master-planned community featuring a golf course, an age-restricted neighborhood called Trilogy at Vistancia, Vistancia Village, a family neighborhood and Blackstone, a private golf community featuring luxury homes and villas. From humble farming community to energetic desert oasis, Peoria continues to grow and change, offering residents a relaxed small-town lifestyle in a spectacular natural setting.

Price Range of Peoria Houses

Peoria’s real estate market is diverse. A large number of housing developments are available, offering a wide diversity of housing styles and amenities as well as beautiful views of the Bradshaw Mountains. Peoria condominiums and townhouses are priced in the $200,000s and are available at Discovery at the Orchard, Greenway Palms, West Creek Village, Peoria Estates and Fairway Ridge. Desert features for homes such as Spanish tiles, stucco, rock gardens and hardy desert flora adorn the homes of Pleasant View Estates, Thunderbird Acres, LaCaille, Clearview Estates and West Wing Mountain. Peoria homes in these areas start at approximately $350,000 to $1 million for estate properties with substantial acreage and city, hill or mountain views. Homes in Braemar, Crystal Cove, Dove Valley Ranch, Fletcher Heights and Terramar Highlands are priced from approximately $200,000 to $400,000 and up. The diverse neighborhood of Westbrook Village offers single-family detached homes in the Edgewater Park and Shadow Ridge subdivisions and condominiums at Vista Crossing, Vista Point and Fairway Ridge. Land and lots are available at low prices for custom development.

Peoria AZ Real Estate for the week of August 30th, 2010: homes priced around $199,275 compared to $162,630 the previous week, showing a increase of more than +18%.  As of August 30th, 2010, the current number of listings in Peoria AZ are 1361 listings.  For Friday, September 3rd, the current national mortgage rate for a 30 year fixed mortgage is 4.33%; the 15 year fixed rate is at 3.85%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 5.48%, while the 15 year jumbo rate currently is at 5.02%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Peoria AZ. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Peoria, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Peoria, Peoria neighborhood information, crime stats, home values, and schools in Peoria to help you find the best home!