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
Housing Market Summary for Surprise, AZ
| Aug 2022 | August 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $475K | $427.8K | -9.93% |
| Median Sold Price | $479.1K | $427.8K | -10.71% |
| Homes For Sale | 358 | 265 | -25.98% |
| Homes Sold | 3,733 | 3,021 | -19.07% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Surprise, AZ
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions85379 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.