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Sun Lakes, AZ 85248 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Sun Lakes, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 4747PendingPending sales: 55
Sun Lakes, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $465k$465kSoldMedian sold price (last 6 months): $499k$499k
What homes actually sell for in Sun Lakes, AZ
Distribution of 615 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $367k to $639k
$240k to $344k: 85 sales$240k$344k to $448k: 138 sales138sales$448k to $551k: 133 sales$448k$551k to $655k: 93 sales$655k to $759k: 54 sales$655k$759k to $862k: 35 sales$862k to $966k: 10 sales$862k$966k to $1.07M: 5 salesMedian $499k

What the numbers say

As of September 14, 2026, Resideline is tracking 47 active listings and 5 pending sales in ZIP code 85248. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $465,000, while the median of the 615 closed sales Resideline tracked over the last six months was $499,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 85248 for 65 days.

Frequently asked questions

What is the median home price in 85248?

The median closed sale price in Sun Lakes, AZ 85248 was $499,000 over the last six months, based on 615 closed sales tracked by Resideline. The middle half of those sales ranged from $367,000 to $639,000.

Is 85248 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 47 active listings in 85248, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 85248 currently looks like a balanced market.

Nearby ZIP code market data

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