Surprise, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 6,222 transactions over the past year in Surprise. The median value for residential home transactions that occurred over the previous year is $435,535.66. The number of current listings in Surprise is 18, and the percentage of properties for sale in the city is 28.13%. Surprise, AZ currently has 46 properties in foreclosure, 3 bank owned properties, 43 properties headed for auction, and 18 properties for sale.

Surprise, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85374

$ 468,531

$ 259/sqft

85379

$ 580,086

$ 164/sqft

85388

$ 432,592

$ 306/sqft

85387

$ 652,944

$ 243/sqft

85378

$ --

$ --

Housing Market Summary for Surprise, AZ

Aug 2022August 2023Change
Median Listing Price$475K$427.8K-9.93%
Median Sold Price$479.1K$427.8K-10.71%
Homes For Sale358265-25.98%
Homes Sold3,7333,021-19.07%
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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 Surprise, AZ

Surprise home values range from $36,250 to $3,369,698. The median estimated value of a home in Surprise is $435,535.66. The median list price of a home is 535,000, and the total count of properties in the city is 60,451.

Foreclosure
There are 5 zips within Surprise, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $707,837 in 85388 to the lowest value of $75,544 in 85388. Foreclosure homes account for 0.00% of properties in Surprise, AZ with 85379 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Surprise, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Surprise, AZ; of those zips, 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 Surprise, AZ ranges from the highest value of $707,837 in 85374 to the lowest value of $347,252 in 85374. Bank owned homes and properties account for 0.00% of properties in Surprise, AZ. There are 5 zips within Surprise, AZ; 85374 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85379 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Surprise, AZ. Auction homes and other auction properties account for 0.07% of all properties in Surprise, AZ. There are 5 zips within Surprise, AZ; of those zips, the median estimated home value for homes going to auction ranges from $643,153 in 85379 to the lowest value of $75,544 in 85379.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Surprise, AZ with 85374 containing 6 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Surprise, AZ; homes for sale in those zips, have a range of median values from $1,308,000 in 85388 to the lowest value of $292,026 in 85374.
    Sold Homes
    The median value for recently sold homes ranges from $1,295,000 in 85387 to the lowest price of $36,250 in 85387. There are 5 zips within Surprise, AZ. 85374 has 995 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.91% of properties in Surprise, AZ.

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      Recently Listed Homes Surprise, AZ

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