If you’re searching for a Peoria Realtor to help you find the perfect home in one of Arizona’s most desirable communities, you’re in the right place! Peoria, Arizona, is a rapidly growing city that attracts homebuyers looking for a high quality of life, outdoor recreation, and excellent schools. Whether you’re a first-time homebuyer, relocating for work, or looking for a real estate investment, Peoria has a thriving housing market with opportunities for everyone.
This guide covers everything you need to know about Peoria, from its history and rapid growth to the benefits of living here, the real estate market, and why so many people are moving to this vibrant community. By the end, you’ll understand why working with a trusted Peoria Realtor is the best way to find your dream home in this booming market.
A Brief History of Peoria, Arizona
Peoria was originally founded in the late 1800s when settlers from Peoria, Illinois, moved west and established a farming community. They used irrigation from the Salt River Valley to cultivate the land, and the city remained an agricultural hub for many years. However, as Phoenix expanded, Peoria transformed into a modern suburb with master-planned communities, economic growth, and excellent amenities.
Today, Peoria is one of the fastest-growing cities in Arizona, attracting new residents due to its blend of scenic desert landscapes, employment opportunities, and strong community values. If you’re considering buying a home in Peoria, now is the perfect time to connect with a Peoria Realtor who understands the area’s growth and market trends.
Why People Are Moving to Peoria, AZ
What makes Peoria, Arizona, such an attractive place to live? Here are the key reasons why so many people are choosing to buy homes in Peoria.
1. Booming Job Market and Strong Economy
Peoria benefits from its close proximity to Phoenix, offering easy access to major employers in healthcare, technology, finance, education, and tourism. Many companies are expanding their presence in the West Valley, creating a steady influx of jobs.
Some of the largest employers near Peoria include:
- Banner Health
- Honeywell Aerospace
- American Express
- USAA
- Amazon Fulfillment Centers
For those working remotely, Peoria offers high-speed internet, excellent coworking spaces, and affordable housing options, making it an ideal city for professionals.
Looking to buy a home in Peoria?
2. Affordable Cost of Living Compared to Phoenix
Peoria offers a high quality of life at a lower cost than many other parts of the Phoenix metropolitan area. While Scottsdale and Chandler have seen skyrocketing home prices, Peoria remains a more affordable alternative while still providing excellent amenities.
For first-time buyers, Peoria offers an excellent entry point into the housing market. A Peoria Realtor can help you find homes that fit your budget while ensuring you maximize your investment.
Peoria’s Real Estate Market: A Smart Investment
1. Rapid Growth & High Home Value Appreciation
Peoria’s real estate market has experienced significant home value appreciation over the past decade. As more people move into the area, demand for single-family homes, townhouses, and new construction homes has increased.
- 2020: Median home price: $350,000
- 2024: Median home price: $500,000
- Projected 2025: Expected appreciation: 6%-8%
If you’re looking to buy a home, a Peoria Realtor can help you navigate the competitive market and find properties that offer long-term value and strong resale potential.
2. Master-Planned Communities & New Construction Homes
Peoria is home to some of the most desirable master-planned communities in Arizona. These neighborhoods offer resort-style amenities, parks, hiking trails, and excellent schools.
Top Master-Planned Communities in Peoria:
- Vistancia – One of the top-rated communities in Arizona with golf courses, hiking trails, and luxury homes.
- Trilogy at Vistancia – A 55+ community with resort-style amenities and a thriving social scene.
- Westwing Mountain – Nestled near the mountains with stunning views and outdoor recreation.
- Fletcher Heights – A family-friendly community with highly rated schools and parks.
The Peoria Home-Buying Process: What to Expect
If you’re planning to buy a home in Peoria, here’s what you can expect during the home-buying process.
1. Get Pre-Approved for a Mortgage
Before you start looking at homes, get pre-approved for a mortgage. This helps you determine your budget and makes you a stronger buyer in competitive markets.
2. Find a Trusted Peoria Realtor
A local real estate expert can help you find homes that meet your needs, negotiate the best deal, and guide you through closing.
3. Search for Homes
Your Peoria Realtor will provide listings based on your budget, location preference, and must-have features.
4. Make an Offer & Negotiate
Once you find the right home, your agent will help you make an offer, negotiate terms, and handle inspections.
5. Close on Your Home
The final step is closing, where you finalize paperwork, transfer ownership, and get the keys to your new home!
Why Peoria, AZ Is the Perfect Place to Call Home
If you’re considering a move to Arizona, Peoria should be at the top of your list. With its thriving job market, excellent schools, affordable cost of living, and strong real estate market, it’s no surprise that more people are choosing to buy homes in Peoria.
Whether you’re looking for a starter home, a luxury property, or a real estate investment, working with an experienced Peoria Realtor will ensure you find the perfect home.
Arizona Living Group
Associate Broker at EXP Realty
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