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Surprise, AZ 85387 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Surprise, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 272272PendingPending sales: 1717
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): $460k$460kSoldMedian sold price (last 6 months): $444k$444k
What homes actually sell for in Surprise, AZ
Distribution of 971 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $400k to $517k
$350k to $390k: 132 sales$350k$390k to $430k: 240 sales240sales$430k to $470k: 189 sales$430k$470k to $510k: 103 sales$510k to $550k: 81 sales$510k$550k to $590k: 62 sales$590k to $630k: 41 sales$590k$630k to $670k: 28 salesMedian $444k

What the numbers say

As of October 5, 2026, Resideline is tracking 272 active listings and 17 pending sales in ZIP code 85387. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $459,990, while the median of the 971 closed sales Resideline tracked over the last six months was $443,990. 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 72 days.

Frequently asked questions

What is the median home price in 85387?

The median closed sale price in Surprise, AZ 85387 was $443,990 over the last six months, based on 971 closed sales tracked by Resideline. The middle half of those sales ranged from $399,990 to $516,995.

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

Resideline is currently tracking 17 pending sales against 272 active listings in 85387, a pending-to-active ratio of 0.06. 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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