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Featured local agent — Surprise, AZ
Sarah Mitchell
Compass Real Estate · Surprise, AZ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Surprise, AZ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$435,000median sale price
How is the Surprise, AZ housing market right now?
The median home sale price in Surprise, AZ is $435,000. Homes sell in an average of 78 days with 1,349 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 Surprise a buyer's or seller's market?
Surprise, AZ is currently a balanced market, based on 3.5 months of supply and homes selling in about 78 days. How we determine this →
Homes sold
383
Last 12 weeks
Days on market
78
Average pace
Active listings
1,349
3.5 months supply
Sale-to-list
98.6%
Below asking
What does the Surprise housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $435,000 |
| Median list price | $442,720 |
| Average days on market | 78 days |
| Active inventory | 1,349 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $221/sq ft |
| Homes sold (latest month) | 383 |
| New listings (latest month) | 377 |
| Listings with a price cut | 33.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Surprise by property type?
How the Surprise, 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 | $437,812 | $220/sq ft | 372 | 77 days |
| Condo / Co-op | $197,495 | $218/sq ft | 2 | 63 days |
| Townhouse | $342,500 | $235/sq ft | 8 | 102 days |
Source: Redfin · Updated monthly
The Surprise housing market is currently classified as a balanced market with a median sale price of $435,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 78 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Surprise
There are currently 1,349 homes listed for sale in Surprise, Arizona. The median listing price is $443K.
Active listings
1,349
Homes on market
Median list price
$443K
Avg. days on market
78
Days until sale
New this week
377
Newly listed
Who lives in Surprise?
Population
149,519
Median income
$93,371/yr
Median age
41.6 years
Owner-occupied
79.0%
College grads
31.0%
Avg commute
30.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Surprise?
Zillow home value
$420,221
Zillow rent index
$1,927/mo
Price-to-rent ratio
18.2x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Surprise?
Surprise is a community of approximately 150K residents with a median age of 41.6 years.The median household income is $93,371, which reflects a relatively affluent area with strong earning potential. 31.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Surprise offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Surprise?
35 schools tracked · 28,231 students
The largest public schools serving Surprise, 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.
Valley Vista High School
Grades 7-12 · 2,443 students
Shadow Ridge High School
Grades 7-12 · 2,339 students
Paradise Honors Elementary School
Grades K-8 · 1,919 students
American Leadership Academy West Foothills K-12
Grades K-12 · 1,883 students
Legacy Traditional School - Surprise
Grades K-8 · 1,868 students
Willow Canyon High School
Grades 7-12 · 1,819 students
Legacy Traditional School - West Surprise
Grades K-8 · 1,215 students
Asante Preparatory Academy
Grades PK-8 · 1,134 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 Surprise, AZ?
Want a head-to-head view? Compare Surprise side-by-side with any other U.S. city using our market-comparison tool.
Is Surprise a good real estate investment market?
For investors evaluating Surprise, the price-to-rent ratio of 18.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Surprise's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Surprise's median home price.
Frequently asked questions
What is the average home price in Surprise?
The median home sale price in Surprise is $435,000, down 0.0% from last year.
How long do homes stay on market in Surprise?
Homes typically spend 78 days on market before going under contract.
What is the median income in Surprise?
The median household income is $93,371 per year.
Is Surprise a buyer's or seller's market?
With 3.5 months of supply, Surprise is currently a balanced market.
What is the Zillow home value estimate for Surprise?
The Zillow Home Value Index (ZHVI) for Surprise is $420,221, representing the typical home value in the area.
What is the median condo price in Surprise?
The median condo/co-op sale price in Surprise, AZ is $197,495, compared to $437,812 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Surprise?
The median single-family home price in Surprise, AZ is $437,812 (about $220 per square foot).
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