85387 Home Values & Market Trends

There are 1,117 homes currently listed for 85387. 85387 real estate market trends show that home prices range from $50,900 to $1,874,000, and the median sales price in the 85387 zip code is $437,569. The total number of properties sold within the past twelve months is 1,314. In 85387, 33 properties are in foreclosure, 13 are bank owned properties,and 20 are headed for auction.

85387 Real Estate Market Overview

CityMedian Est. Value
Surprise

$ 418,518

$ 225/sqft

Housing Market Summary for 85387

Sep 2025September 2026Change
Median Listing Price$475K$468K-1.48%
Median Sold Price$410.1K$476.3K16.15%
Homes For Sale8751,13830.06%
Homes Sold962311-67.67%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 85387

The median list price of a home in Surprise, is $437,569. A total of 1,117 properties are for sale, and the percentage of properties for sale in the zip code is 1117.00%. The total count of 85387 properties is 1,477.

Foreclosure
There is 1 cities within 85387; within this cities, the median estimated home value for homes in foreclosure ranges from $804,520 in surprise to the lowest value of $133,928 in surprise. Foreclosure homes account for 2.00% of properties in 85387 with surprise containing 146 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 85387 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 85387; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 85387 ranges from the highest value of $804,520 in surprise to the lowest value of $239,500 in surprise. Bank owned homes and properties account for 0.88% of properties in 85387. There is 1 cities within 85387; surprise containing 42 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    surprise has 104 auction properties, the highest number of properties going to auction in a single city in the state of 85387. Auction homes and other auction properties account for 1.35% of all properties in 85387. There is 1 cities within 85387; of that cities, the median estimated home value for homes going to auction ranges from $737,683 in surprise to the lowest value of $133,928 in surprise.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.63% of residential properties in 85387 with surprise containing 4280 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85387; homes for sale in that cities, have a range of median values from $1,874,000 in surprise to the lowest value of $79,275 in surprise.
    Sold Homes
    The median value for recently sold homes ranges from $1,265,529 in surprise to the lowest price of $74,120 in surprise. There is 1 cities within 85387. surprise has 1119 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 19.91% of properties in 85387.

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      Guide for 85387

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.