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Sun Lakes, AZ 85248 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Sun Lakes, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 5959PendingPending sales: 44
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): $550k$550kSoldMedian sold price (last 6 months): $500k$500k
What homes actually sell for in Sun Lakes, AZ
Distribution of 444 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $375k to $645k
$240k to $339k: 45 sales$240k$339k to $438k: 105 sales105sales$438k to $536k: 85 sales$438k$536k to $635k: 71 sales$635k to $734k: 52 sales$635k$734k to $832k: 30 sales$832k to $931k: 8 sales$832k$931k to $1.03M: 2 salesMedian $500k

What the numbers say

As of October 26, 2026, Resideline is tracking 59 active listings and 4 pending sales in ZIP code 85248. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $549,900, while the median of the 444 closed sales Resideline tracked over the last six months was $500,000. 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 72 days.

Frequently asked questions

What is the median home price in 85248?

The median closed sale price in Sun Lakes, AZ 85248 was $500,000 over the last six months, based on 444 closed sales tracked by Resideline. The middle half of those sales ranged from $375,000 to $645,000.

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

Resideline is currently tracking 4 pending sales against 59 active listings in 85248, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 85248 is currently a typical-pace market.

Nearby ZIP code market data

Full Sun Lakes, AZ housing market report →

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