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Surprise, AZ 85387 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Surprise, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 251251PendingPending sales: 2121
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): $450k$450kSoldMedian sold price (last 6 months): $445k$445k
What homes actually sell for in Surprise, AZ
Distribution of 1,031 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $400k to $515k
$350k to $391k: 170 sales$350k$391k to $432k: 242 sales242sales$432k to $473k: 195 sales$432k$473k to $514k: 116 sales$514k to $555k: 84 sales$514k$555k to $596k: 62 sales$596k to $637k: 41 sales$596k$637k to $678k: 26 salesMedian $445k

What the numbers say

As of September 14, 2026, Resideline is tracking 251 active listings and 21 pending sales in ZIP code 85387. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $449,990, while the median of the 1,031 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 58 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 1,031 closed sales tracked by Resideline. The middle half of those sales ranged from $399,990 to $515,000.

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

Resideline is currently tracking 21 pending sales against 251 active listings in 85387, a pending-to-active ratio of 0.08. 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

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