Lotvox market story

ZIP 85383

Peoria, Maricopa County, AZ

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$633,354
12-month change
0.0%
Months of supply
3.8

This week since 2026-10-08: Months of supply 3.8 (was 3.7) · Payment share of income 30.4% (was 30.0%)

1 of 5

Who's going to sell in 85383 this year?

Lotvox Turnover Index

Ranking every home in 85383 by how likely it is to sell

Random pick of 20% of parcels20.0%Lotvox Turnover Index top 20%24.1%
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index ranks the 28,533 parcels in 85383, calibrated on this ZIP's own recorded sales.

In a held-out test on 87 arm's-length sales, 24.1% of the parcels that sold were already in its top 20% on the scoring date. Random chance is 20%.

Its top 10% alone held 12.6% of those sales, against 10% by chance.

Where

85383 in Maricopa County, AZ

85383 · $633,35485373 · $360,23785375 · $375,31885378 · $330,54385083 · $624,22585382 · $448,11185387 · $449,35685374 · $382,00285310 · $538,29485308 · $470,05085351 · $271,34285335 · $338,72585086 · $616,17085388 · $443,75985381 · $449,07285379 · $420,09685363 · $307,13185087 · $624,53585306 · $400,19385345 · $361,77885304 · $399,45685355 · $490,45885027 · $378,64185053 · $378,74685307 · $404,81985309 · no value published85302 · $375,10085085 · $632,48185340 · $515,87285301 · $309,31385305 · $453,01685023 · $416,40385303 · $373,23185029 · $356,33285024 · $483,74285037 · $350,89985051 · $343,74285392 · $407,51985395 · $542,82485033 · $322,908 85383
$271K$633K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

85383 is one of 135 ZIP codes that lie mostly in Maricopa County, AZ.

Shaded by typical home value, it ranks 1 of the 39 nearby ZIPs shown.

Value rank among nearby ZIPs
1 of 39

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 85383

14 school locations in 85383: 2 elementary, 7 middle, 5 high.

In alphabetical order: BASIS Peoria, BASIS Peoria Primary, Candeo Peoria, EdOptions HS Learning Center, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
14

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 85383

$0$200K$400K$600K$800K200020052010201520202025Peak July 2022 · $679,789Latest · $633,354
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 85383 was worth $207,586.

Values peaked at $679,789 in July 2022. The latest reading is −6.8% from that peak.

As of August 2026: $633,354, 0.0% over twelve months.

Typical home value
$633,354
12-month change
0.0%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$633,354
Loan at 20% down
$506,683
30-year fixed rate
7.40%
Monthly principal + interest
$3,508
Median household income, per month
$11,556
Share of income
30.4%
0%30%60%
At today's rate, by home value, 2000–2026: 10.0% → 30.4%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $633,354. Put 20% down and borrow $506,683 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,508 a month in principal and interest.

The median household here earns $138,671 a year, $11,556 a month. So the payment takes 30.4% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.0% in 2000.

Payment share of income
30.4%
Monthly P&I
$3,508

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$1K$2K$3K$4K2000200520102015202020252.68% rate · $1,4766.67% rate · $3,258
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,243.

In December 2020, with rates at 2.68%, it was $1,476.

By August 2026, at 6.67%, it was $3,258 — +121% since December 2020, while the home's value moved +39%.

Payment change since 2020
+121%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$250K$500K$750K$1.0M200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +205% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $409,692. So the real change is +55%, not +205%.

Real change since 2000
+55%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

85383 against its neighbors

0100200300400200020052010201520202025
85383 (2000 = 100)Maricopa County (2000 = 100)Arizona (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

85383: +205% since January 2000.

Maricopa County: +212% since January 2000.

Arizona: +207% since January 2000 — 85383 ran behind it by 2 points.

Change since 2000
+205%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

85383 among Arizona ZIPs

Affordability — price vs local income
67th pct
Appreciation — recent value growth
60th pct
Rental yield — rent vs price
43rd pct
Source: Zillow (ZHVI) · Census ACS · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Against 398 Arizona ZIP codes, 85383 sits at the 67th percentile for affordability (price vs local income).

60th for appreciation (recent value growth); 43rd for rental yield (rent vs price).

Affordability percentile
67th

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$4,142
principal + interest $3,508 · taxes & insurance est. $634
Rent: typical rent (ZORI)
$2,310
Price-to-rent ratio
22.8
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $4,142 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,310 a month.

Price divided by a year's rent: 22.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
22.8

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo3.8 mo3.8 months of supplyNet +2 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 131 a month (Redfin, 3-month rolling data through August 2026). That is 77% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 489. That is 107% of the 2015–2019 level for the same months.

Going out — closed sales: about 129 a month. That is 86% of the 2015–2019 level for the same months. The drain is drawn 17% narrower: the share of homes for sale that sell each month is 83% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.8 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 2 more homes came on than sold each month, so inventory is growing. The basin is filling.

Months of supply
3.8

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

05010015020020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 129 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 134 — so sales ran at 96% of it, and below it in 20 of the last 24 months.

Sales vs 2015–19 level
96%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

020,00040,00060,000202240,550202338,292202436,380202531,651
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Maricopa County, builders pulled permits for 31,651 new homes in 2025.

Of those, 54% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
31,651

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

4 of 5

Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
25,749
Moved out (top-10 destination counties)
25,843
Net households
−94
Top origins
Pinal, AZ6,549
Los Angeles, CA3,562
Pima, AZ3,262
Top destinations
Pinal, AZ10,805
Pima, AZ2,720
Yavapai, AZ2,297
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Maricopa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 25,749 moved in. Among the ten receiving the most, 25,843 moved out.

Net across those counties: −94 households. Beside it, homes for sale in this ZIP: 489 in June 2026.

Most arrivals came from Pinal, AZ (6,549 households); most departures went to Pinal, AZ (10,805).

Net households (top-10 flows)
−94

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

Who's holding

How long owners in 85383 have held

0–5 years
6,114
5–10 years
6,407
10–20 years
3,000
20+ years
1,143
Source: County records · as of 2026-10-11Source: County assessor and recorder public records · data as of 2026-10-11

Of 16,664 homes with a recorded purchase date, 7% have had the same owner for 20 years or more, and 37% changed hands in the last five.

20% are owned from a different mailing address, 7% from out of state.

Held 20+ years
7%
Owned from elsewhere
20%

Source: County assessor and recorder public records · data as of 2026-10-11

5 of 5

What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 85383 with 85085The same story, side by side. An agent?Claim 85383 as your farm territory$299/mo · the farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/phoenix/zip/85383