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Featured local agent — Sun Lakes, AZ
Sarah Mitchell
Compass Real Estate · Sun Lakes, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sun Lakes, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$492,500median sale price
How is the Sun Lakes, AZ housing market right now?
The median home sale price in Sun Lakes, AZ is $492,500, down 6.2% year-over-year. Homes sell in an average of 70 days with 144 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Sun Lakes a buyer's or seller's market?
Sun Lakes, AZ is currently a balanced market, based on 3.1 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
47
Last 12 weeks
Days on market
70
Average pace
Active listings
144
3.1 months supply
Sale-to-list
96.7%
Below asking
What does the Sun Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $492,500 |
| Median list price | $525,000 |
| Year-over-year price change | -6.2% |
| Average days on market | 70 days |
| Active inventory | 144 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $236/sq ft |
| Homes sold (latest month) | 47 |
| New listings (latest month) | 31 |
| Listings with a price cut | 36.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Sun Lakes by property type?
How the Sun Lakes, AZ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $500,000 | $236/sq ft | 42 | 68 days |
| Townhouse | $340,000 | $222/sq ft | 5 | 131 days |
Source: Redfin · Updated monthly
The Sun Lakes housing market is currently classified as a balanced market with a median sale price of $492,500. Prices have fallen 6.2% compared to last year, with homes spending an average of 70 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Sun Lakes
There are currently 144 homes listed for sale in Sun Lakes, Arizona. The median listing price is $525K.
Active listings
144
Homes on market
Median list price
$525K
Avg. days on market
70
Days until sale
New this week
31
Newly listed
Who lives in Sun Lakes?
Population
14,079
Median income
$63,545/yr
Median age
73.4 years
Owner-occupied
87.5%
College grads
39.8%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Sun Lakes?
Sun Lakes is a community of approximately 14K residents with a median age of 73.4 years.The median household income is $63,545, which represents a working-class community with solid middle-income opportunities. 39.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sun Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sun Lakes?
1 schools tracked · 809 students
The largest public schools serving Sun Lakes, AZ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Chandler Traditional Academy - Independence
Grades PK-6 · 809 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Sun Lakes, AZ?
Want a head-to-head view? Compare Sun Lakes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Sun Lakes?
The median home sale price in Sun Lakes is $492,500, down 6.2% from last year.
How long do homes stay on market in Sun Lakes?
Homes typically spend 70 days on market before going under contract.
What is the median income in Sun Lakes?
The median household income is $63,545 per year.
Is Sun Lakes a buyer's or seller's market?
With 3.1 months of supply, Sun Lakes is currently a balanced market.
How much does a single-family home cost in Sun Lakes?
The median single-family home price in Sun Lakes, AZ is $500,000 (about $236 per square foot).
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