the AZ market

Surprise, AZ 85378

Single-Family Homes



Surprise, AZ 85378

Fri Sep 04 2026
This week the median list price for Surprise, AZ 85378 is $384,900 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 15. Click here to stay informed with the Surprise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Surprise, AZ 85378

Fri Sep 04 2026
This week the median list price for Surprise, AZ 85378 is $384,900 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has decreased to 15. Click here to stay informed with the Surprise market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $384,900
Median Price of New Listings $0
Per Square Foot $241
Average Days on Market 65
Median Days on Market 35
Price Decreased 60%
Price Increased 7%
Relisted 0%
Inventory 15
Median Rent
Market Action 43
Slight Seller's Advantage

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$649,750 3,037 8,000 - 10,000 sqft 4 3.8 24 0 1 63
$390,000 1,650 4,500 - 6,500 sqft 2 2 31 0 0 49
$365,000 1,500 4,500 - 6,500 sqft 3 2 24 0 0 14
$299,990 932 4,500 - 6,500 sqft 2 2 29 0 0 21