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New Construction Homes Under $500K in Peoria, AZ

182 Homes

From $437,990

3 Br | 2.5 Ba | 2 Gr | 2,197 sq ft

Sunflower | Tolleson, AZ

Centex Homes

4.5

From $376,990

3 Br | 2 Ba | 2 Gr | 1,411 sq ft

Coronado Plan 3560 | Tolleson, AZ

Lennar

4.2

Under Construction

From $489,580

4 Br | 3 Ba | 2 Gr | 2,358 sq ft

17633 W Colter Street. Litchfield Park, AZ 85340

Taylor Morrison

From $436,990

4 Br | 2 Ba | 2 Gr | 2,137 sq ft

Lantana | Tolleson, AZ

Centex Homes

4.5

Under Construction

From $469,990

4 Br | 3 Ba | 2 Gr | 2,192 sq ft

11235 W Marguerite Ave. Tolleson, AZ 85353

Lennar

4.2

Under Construction

From $439,990

3 Br | 2.5 Ba | 2 Gr | 2,186 sq ft

11238 W Chipman Rd. Tolleson, AZ 85353

Centex Homes

4.5

From $492,490

5 Br | 3 Ba | 2 Gr | 2,648 sq ft

Plan 3504 | Avondale, AZ

Shea Homes

4.4

From $396,990

3 Br | 2 Ba | 2 Gr | 1,656 sq ft

Kennedy Plan 4067 | Tolleson, AZ

Lennar

4.2

From $419,990

4 Br | 2 Ba | 2 Gr | 1,915 sq ft

Lavender | Tolleson, AZ

Centex Homes

4.5

Under Construction

From $374,990

3 Br | 2 Ba | 2 Gr | 1,400 sq ft

11042 W Southgate Ave. Tolleson, AZ 85353

Lennar

4.2

Under Construction

From $440,490

4 Br | 3 Ba | 2 Gr | 1,946 sq ft

11229 W Parkway Dr. Tolleson, AZ 85353

Lennar

4.2

Under Construction

From $437,990

4 Br | 2 Ba | 2 Gr | 2,137 sq ft

4811 S 109Th Ave. Tolleson, AZ 85353

Centex Homes

4.5

Move-In Ready

From $445,990

4 Br | 2 Ba | 2 Gr | 2,142 sq ft

10822 W Chipman Rd. Tolleson, AZ 85353

Centex Homes

4.5

From $472,990

4 Br | 3 Ba | 3 Gr | 2,375 sq ft

Aspen Plan 4578 | Tolleson, AZ

Lennar

4.2

Under Construction

From $401,990

3 Br | 2 Ba | 2 Gr | 1,565 sq ft

11242 W Chipman Rd. Tolleson, AZ 85353

Centex Homes

4.5

From $488,990

4 Br | 3 Ba | 2 Gr | 2,524 sq ft

Revolution Plan 4083 | Tolleson, AZ

Lennar

4.2

From $482,990

4 Br | 2.5 Ba | 3 Gr | 2,468 sq ft

Juniper Plan 4584 | Tolleson, AZ

Lennar

4.2

From $399,990

3 Br | 2 Ba | 2 Gr | 1,565 sq ft

Verbena | Tolleson, AZ

Centex Homes

4.5

Under Construction

From $443,990

4 Br | 2 Ba | 2 Gr | 2,137 sq ft

10825 W Chipman Rd. Tolleson, AZ 85353

Centex Homes

4.5

From $438,990

4 Br | 2 Ba | 2 Gr | 2,142 sq ft

Poppy | Tolleson, AZ

Centex Homes

4.5

Move-In Ready

From $484,990

4 Br | 3 Ba | 2 Gr | 2,264 sq ft

11215 W Marguerite Ave. Tolleson, AZ 85353

Lennar

4.2

Under Construction

From $499,240

4 Br | 3 Ba | 2 Gr | 2,358 sq ft

5162 N 176Th Lane. Litchfield Park, AZ 85340

Taylor Morrison

From $420,490

3 Br | 2 Ba | 2 Gr | 1,746 sq ft

Plan 3501 | Avondale, AZ

Shea Homes

4.4

From $454,990

4 Br | 3 Ba | 2 Gr | 2,274 sq ft

Sage Plan 4022 | Tolleson, AZ

Lennar

4.2

Under Construction

From $387,990

3 Br | 2 Ba | 2 Gr | 1,353 sq ft

11225 W Chipman Rd. Tolleson, AZ 85353

Centex Homes

4.5

Under Construction

From $469,990

4 Br | 3 Ba | 2 Gr | 2,274 sq ft

4608 S 113Th Ave. Tolleson, AZ 85353

Lennar

4.2

From $432,490

4 Br | 3 Ba | 2 Gr | 1,879 sq ft

Plan 3502 | Avondale, AZ

Shea Homes

4.4

From $387,990

3 Br | 2 Ba | 2 Gr | 1,353 sq ft

Marigold | Tolleson, AZ

Centex Homes

4.5

From $498,990

2 Br | 2.5 Ba | 2 Gr | 2,314 sq ft

Hillary | Litchfield Park, AZ

Taylor Morrison

Under Construction

From $359,990

3 Br | 2 Ba | 2 Gr | 1,232 sq ft

11039 W Southgate Ave. Tolleson, AZ 85353

Lennar

4.2

From $374,990

3 Br | 2 Ba | 2 Gr | 1,400 sq ft

Bisbee Plan 3565 | Tolleson, AZ

Lennar

4.2

Move-In Ready

From $414,345

3 Br | 2 Ba | 2 Gr | 1,746 sq ft

12133 W Levi Dr. Avondale, AZ 85323

Shea Homes

4.4

Under Construction

From $421,990

4 Br | 2 Ba | 2 Gr | 1,915 sq ft

11234 W Chipman Rd. Tolleson, AZ 85353

Centex Homes

4.5

From $359,990

3 Br | 2 Ba | 2 Gr | 1,232 sq ft

Jerome Plan 3556 | Tolleson, AZ

Lennar

4.2

From $426,990

4 Br | 3 Ba | 2 Gr | 1,946 sq ft

Ironwood Plan 3518 | Tolleson, AZ

Lennar

4.2

From $472,490

4 Br | 3 Ba | 2 Gr | 2,151 sq ft

Plan 3503 | Avondale, AZ

Shea Homes

4.4

From $449,990

4 Br | 2.5 Ba | 2 Gr | 2,389 sq ft

Daisy | Tolleson, AZ

Centex Homes

4.5

From $444,990

4 Br | 3 Ba | 2 Gr | 2,192 sq ft

Douglas Plan 4021 | Tolleson, AZ

Lennar

4.2

Under Construction

From $377,990

3 Br | 2 Ba | 2 Gr | 1,400 sq ft

11044 W Atlantis Wy. Tolleson, AZ 85353

Lennar

4.2

From $418,990

3 Br | 2 Ba | 2 Gr | 1,808 sq ft

Bluebell | Tolleson, AZ

Centex Homes

4.5

Static Map Image

Market Snapshot

Newest Home Developments in Peoria

Top Home Builders in Peoria

BuilderHomesAverage Price
Mattamy Homes151$567,158
David Weekley Homes150$813,143
Pulte Homes166$596,451
D.R. Horton247$629,615
Taylor Morrison398$535,618
Beazer Homes66$531,939
Lennar353$694,580
Bela Flor Communities18$818,018
Shea Homes59$667,101
Lantana Homes12$1,009,668
Ashton Woods188$582,490

Peoria features many of the best homes builders and new construction home designs in Arizona. Finding relatively lower priced homes has become increasingly difficult. The cost of new construction in Peoria has increased substantially. Despite the rising trend of housing prices, it is still possible to design and build an affordable home in the Peoria area. In fact, there are 1,398 new homes for sale in Peoria with a good selection of cheaper homes starting at under $500K.

How to Find Homes in Peoria, AZ for Less than $500K?

Builders see the growing demand for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders use value engineering techniques to reduce the cost of construction and keep prices increasing too much. Smaller lots, standard-sized materials, and evening the pace of building can help deliver high-value for the cost. The results are delivering similar quality at lower prices.