Construction Value
$244.5M ▲ 67%
Units Permitted
1,901 ▲ 74.4%
Avg Value / Unit
$129K
2024 · Census Bureau Building Permits Survey
Construction activity in Peoria jumped in 2024, up 74.4% from the prior year with 1,901 housing units permitted. At $129K per unit, new builds are 49% below the Maricopa County average of $253K, indicating more affordable construction. Volume is 836% above the county average of 203 units, suggesting faster-than-typical growth. 21.4% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$1K
per resident
County avg: $3K-54%
$1.4M
per square mile
Peoria vs. Maricopa County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 1,495 | 1,495 | $224.3M | 92% |
| ■ Duplex | 16 | 8 | $644K | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 390 | 13 | $19.5M | 8% |
County Ranking by Construction Volume
Among 24 permit-issuing towns in Maricopa County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →