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Surprise, AZ 85387 Housing Market

Data snapshot: October 26, 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: 292292PendingPending 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 869 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $400k to $520k
$350k to $391k: 130 sales$350k$391k to $431k: 212 sales212sales$431k to $472k: 161 sales$431k$472k to $512k: 92 sales$512k to $553k: 73 sales$512k$553k to $594k: 54 sales$594k to $634k: 37 sales$594k$634k to $675k: 27 salesMedian $445k

What the numbers say

As of October 26, 2026, Resideline is tracking 292 active listings and 15 pending sales in ZIP code 85387. That pending-to-active ratio of 0.05 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 $458,620, while the median of the 869 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 80 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 869 closed sales tracked by Resideline. The middle half of those sales ranged from $399,990 to $519,990.

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

Resideline is currently tracking 15 pending sales against 292 active listings in 85387, a pending-to-active ratio of 0.05. 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, 85387 is currently a typical-pace market.

Nearby ZIP code market data

Full Surprise, AZ housing market report →

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