the AZ market

Surprise, AZ 85374

Single-Family Homes



Surprise, AZ 85374

Fri Sep 04 2026
This week the median list price for Surprise, AZ 85374 is $416,500 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 170. 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 off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Surprise, AZ 85374

Fri Sep 04 2026
This week the median list price for Surprise, AZ 85374 is $416,500 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 170. 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 off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $416,500
Median Price of New Listings $424,900
Per Square Foot $240
Average Days on Market 97
Median Days on Market 60
Price Decreased 44%
Price Increased 4%
Relisted 5%
Inventory 170
Median Rent
Market Action 38
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$529,000 2,306 8,000 - 10,000 sqft 2 2 27 3 7 70
$438,500 1,935 6,500 - 8,000 sqft 3 2 27 6 1 42
$399,000 1,679 6,500 - 8,000 sqft 3 2 26 6 4 42
$335,000 1,278 4,500 - 6,500 sqft 2 2 28 1 4 80