From January through December of 2017, there were 3,959 homes sold, with a median sale price of $246,000 - a 5.4% increase over the $233,500 median sale price for the previous year. There were 3,897 homes sold in Peoria in 2016.
The median sales tax in Peoria for 2017 was $1,610. In 2016, the median sales tax was $1,584. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.
The following table compares Peoria to other Maricopa County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wittmann (unincorporated) | 119 | 111 | 7.2% | $265,000 | $262,000 | 1.1% |
| Litchfield Park (unincorporated) | 492 | 474 | 3.8% | $262,950 | $243,000 | 8.2% |
| Tempe | 2,443 | 2,255 | 8.3% | $262,500 | $245,000 | 7.1% |
| Uninc-85383/Peoria North | 124 | 264 | -53% | $260,271.50 | $237,672.50 | 9.5% |
| Goodyear | 2,191 | 2,413 | -9.2% | $252,000 | $239,000 | 5.4% |
| Peoria | 3,959 | 3,897 | 1.6% | $246,000 | $233,500 | 5.4% |
| Uninc-85326/Buckeye | 33 | 42 | -21.4% | $232,500 | $186,745 | 24.5% |
| Buckeye (unincorporated) | 153 | 135 | 13.3% | $226,000 | $195,000 | 15.9% |
| Surprise | 4,106 | 3,988 | 3% | $225,320 | $215,000 | 4.8% |
| Mesa | 8,744 | 8,385 | 4.3% | $225,000 | $209,900 | 7.2% |
| Wickenburg | 144 | 146 | -1.4% | $223,500 | $190,000 | 17.6% |
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