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Surprise, AZ 85388 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: 0.12
ActiveActive listings: 7373PendingPending sales: 99
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): $525k$525kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Surprise, AZ
Distribution of 318 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $388k to $580k
$320k to $385k: 58 sales$320k$385k to $450k: 76 sales76sales$450k to $515k: 47 sales$450k$515k to $579k: 41 sales$579k to $644k: 30 sales$579k$644k to $709k: 14 sales$709k to $774k: 12 sales$709k$774k to $839k: 8 salesMedian $475k

What the numbers say

As of September 14, 2026, Resideline is tracking 73 active listings and 9 pending sales in ZIP code 85388. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $524,900, while the median of the 318 closed sales Resideline tracked over the last six months was $475,000. 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 85388 for 53 days.

Frequently asked questions

What is the median home price in 85388?

The median closed sale price in Surprise, AZ 85388 was $475,000 over the last six months, based on 318 closed sales tracked by Resideline. The middle half of those sales ranged from $388,000 to $580,000.

Is 85388 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 73 active listings in 85388, a pending-to-active ratio of 0.12. 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, 85388 currently looks like a balanced market.

Nearby ZIP code market data

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