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SURPRISE, AZ 85387

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SURPRISE, AZ real estate market (85387) currently shows 555 active listings, with 188 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 68 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 58 days last year.

The median listing price has fallen 1.6% year-over-year, from $474,243 to $466,500.

Whether you are buying or selling in SURPRISE, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,124  ·  Density: 103.7/mi²  ·  Median household income: $87,480

Typical home value: $421,081  ·  Homeownership: 94.2%

Market Overview

Active Listings
555
⇧ 14% vs 487 last year
Pending
188
34% pending ratio
Median Price
$466,500
⇩ 1.6% vs $474,243 last year
Average Price
$529,430
vs $529,361 last year
Days on Market
60
⇧ 3.4% vs 58 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 4.9% vs $246/sqft last year
Median Home Size
2,046 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 555 this year vs 487 last year
  • Days on market: 60 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $466,500 (-1.6% YoY)
  • Average: $529,430 (+0% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.8 miles — 2,874 listings ($1,657,585,291 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85387Surprise, AZ 853870.0 mi508$270,904,208$464,490$533,276
85375Sun City West, AZ 853755.9 mi469$192,486,042$379,000$410,418
85379Surprise, AZ 853798.6 mi215$101,905,055$449,900$473,977
85373Sun City, AZ 853738.9 mi179$63,259,137$344,900$353,403
85383Peoria, AZ 853839.9 mi486$389,664,594$684,950$801,779
85361Wittmann, AZ 8536111.2 mi127$85,259,672$619,000$671,336
85363Youngtown, AZ 8536312.0 mi36$12,389,256$368,800$344,146
85340Litchfield Park, AZ 8534013.4 mi262$188,585,766$615,000$719,793
85307Glendale, AZ 8530714.6 mi29$15,253,275$433,000$525,975
85308Glendale, AZ 8530815.6 mi205$120,941,390$509,900$589,958
85395Goodyear, AZ 8539516.0 mi239$140,455,281$562,945$587,679
85083Phoenix, AZ 8508316.5 mi64$50,892,480$680,000$795,195
85306Glendale, AZ 8530616.8 mi55$25,589,135$426,499$465,257

Frequently Asked Questions

How many homes are for sale in SURPRISE, AZ 85387?

As of February 2026, there are 555 active listings in SURPRISE, AZ (zip code 85387), compared to 487 the prior year.

What is the median home price in SURPRISE, AZ 85387?

The median listing price in SURPRISE, AZ 85387 is $466,500 as of February 2026, a 1.6% decrease from $474,243 the prior year.

How long do homes stay on the market in SURPRISE, AZ?

Homes in SURPRISE, AZ 85387 spend an average of 60 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in SURPRISE, AZ 85387?

Based on current inventory and days-on-market data as of February 2026, SURPRISE, AZ 85387 is currently a Buyer's Market. Inventory has increased compared to last year, with 68 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 58 days last year.

How much can I save on real estate commission in SURPRISE, AZ?

With SELL123.com's maximum 3% commission, sellers in SURPRISE, AZ 85387 save an estimated $9,330 compared to a typical 5% commission on the median listing price of $466,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.