the AZ market

Surprise, AZ 85388

Single-Family Homes



Surprise, AZ 85388

Fri Sep 04 2026
This week the median list price for Surprise, AZ 85388 is $550,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 179. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Surprise, AZ 85388

Fri Sep 04 2026
This week the median list price for Surprise, AZ 85388 is $550,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 179. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Surprise market.
Median List Price $550,000
Median Price of New Listings $499,908
Per Square Foot $234
Average Days on Market 101
Median Days on Market 70
Price Decreased 42%
Price Increased 3%
Relisted 4%
Inventory 179
Median Rent
Market Action 34
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,035,000 2,740 6,500 - 8,000 sqft 3 3.5 3 1 0 98
$618,500 2,646 6,500 - 8,000 sqft 4 2.5 5 4 3 91
$489,000 2,358 6,500 - 8,000 sqft 4 2.5 12 7 4 28
$400,000 1,692 4,500 - 6,500 sqft 3 2 21 5 3 45