85383 — Peoria, AZ Home Values
Typical home value $640,537 as of June 2026 · 23rd of 149 in Phoenix-Mesa-Chandler, AZ
Blue: typical home value (Zillow ZHVI) in ZIP code 85383, June 2021 to June 2026. This page shows observed data only; no forecast.
How 85383 compares in the Phoenix-Mesa-Chandler, AZ area
ZIP code 85383 (Peoria, AZ) has a typical home value of $640,537 as of June 2026, ranking 23rd of 149 ZIP codes tracked in the Phoenix-Mesa-Chandler, AZ area, more expensive than about 85% of ZIP codes in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.9%, from $534,323 in June 2021 to $640,537 in June 2026. Against observed rent, the typical home here sells for 23× the annual rent ($2,317/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Phoenix.
Population and demographics
ZIP code 85383 has a population of 72,101, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 71.9% White, 11% Hispanic or Latino, 8.5% Asian, 5.5% two or more races, 2.7% Black or African American, 0.2% American Indian or Alaska Native, 0.2% Native Hawaiian or Pacific Islander, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lake Pleasant Elementary | 31501 N WESTLAND RD, PEORIA, AZ | 3.1 mi |
| Vistancia Elementary School | 30009 N SUNRISE PT, PEORIA, AZ | 3.3 mi |
| BASIS Peoria | 9902 W YEARLING RD, PEORIA, AZ | 5.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 85383?
$640,537 as of June 2026, the latest month Zillow has published observed data for.
Is 85383 an expensive ZIP code in the Phoenix-Mesa-Chandler, AZ area?
85383 ranks 23rd of 149 ZIP codes in the Phoenix-Mesa-Chandler, AZ area by typical home value, more expensive than about 85% of ZIP codes in the metro.
How much have home values in 85383 changed over the past year?
-0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 85383?
The typical home price is 23× the observed annual rent in this ZIP code ($2,317/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 85383?
72,101, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 85383?
Lake Pleasant Elementary (3.1 mi), Vistancia Elementary School (3.3 mi), BASIS Peoria (5.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 85383?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.