Published October 4, 2026 in Market Update

North Peoria prices are split, depending on the part of the market

By Stephanie White

Real estate, North Peoria

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. That sounds like a single story. In North Peoria, the Real Estate Data Aggregator tells two different ones.

What the split actually means

In ZIP 85383, the Real Estate Data Aggregator counted 428 homes sold, up 11.5% from the same three months in 2025. The median sale price rose 1.7% to $650,650. Homes for sale fell 15.8%, to 497. Supply dropped to 3.6 months, down 1.1 months from a year ago. Sellers here are working with less competition on the shelf.

In ZIP 85382, the picture is different. The Real Estate Data Aggregator counted 178 homes sold, up 21.1%. But the median sale price fell 3.3% to $445,000. More homes are for sale there: inventory rose 8.1% to 173. Days on market stretched 4 days longer, to 61. Buyers in 85382 have more to choose from, and that is showing up in the price.

One bright spot in both ZIPs: speed

The Real Estate Data Aggregator shows that in 85382, 24.6% of homes went under contract within two weeks of listing. That is up 8.3 points from a year ago. In 85383, the share was 7.9%. Well-priced homes in both ZIPs are still finding buyers.

The rate backdrop is real

CNBC reported the average contract rate on a 30-year fixed mortgage hit 7.30% as of September 30, 2026. Mortgage News Daily put it even higher, at 7.58% that same week. The Mortgage Bankers Association found weekly mortgage demand dropped 6%. Rates at this level slow decisions. That is part of why days on market stretched in both ZIPs.

Realtor.com also reported price reductions hit 4-year highs across regions in September 2026. That is a national pattern. North Peoria is not immune, but the 85383 price gain shows it is not uniform here either.

North Peoria together: more sales, less inventory

Across both ZIPs combined, the Real Estate Data Aggregator counted 606 homes sold in the three months ending July 31, 2026. That is up 14.1% from the same period in 2025. Homes for sale fell 10.7% to 670. New listings dipped 2.4% to 611. Pending sales rose 5.3% to 572. More buyers are closing, and fewer sellers are coming to market.

Why comps matter more than headlines right now

The Federal Housing Finance Agency's 2.6% national gain is a useful benchmark. It does not tell you whether your street in Vistancia, Surprise, or anywhere else in North Peoria went up or down. One ZIP here gained. One lost ground. The difference is $205,650 in median price. That gap is why you need block-level numbers, not a national average, before you price or make an offer.