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Surprise, AZ 85387 Housing Market

Data snapshot: October 12, 2026. Closed-sale window: last 6 months.
Surprise, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 283283PendingPending sales: 1515
Surprise, 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): $459k$459kSoldMedian sold price (last 6 months): $445k$445k
What homes actually sell for in Surprise, AZ
Distribution of 925 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $400k to $519k
$350k to $390k: 124 sales$350k$390k to $430k: 228 sales228sales$430k to $470k: 181 sales$430k$470k to $510k: 100 sales$510k to $549k: 78 sales$510k$549k to $589k: 60 sales$589k to $629k: 40 sales$589k$629k to $669k: 25 salesMedian $445k

What the numbers say

As of October 12, 2026, Resideline is tracking 283 active listings and 15 pending sales in ZIP code 85387. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $459,000, while the median of the 925 closed sales Resideline tracked over the last six months was $445,000. 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 85387 for 78 days.

Frequently asked questions

What is the median home price in 85387?

The median closed sale price in Surprise, AZ 85387 was $445,000 over the last six months, based on 925 closed sales tracked by Resideline. The middle half of those sales ranged from $400,000 to $518,995.

Is 85387 a buyer's or seller's market?

Resideline is currently tracking 15 pending sales against 283 active listings in 85387, a pending-to-active ratio of 0.05. 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, 85387 currently looks like a balanced market.

Nearby ZIP code market data

Full Surprise, AZ housing market report →

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