Housing in Surprise, AZ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$415,480

Median List Price

$444,900

Price Per Sq Ft

$224

Days on Market

73

Active Inventory

1,525

Months of Supply

6.3

Buyer's market

Zillow Home Value

$418,248

ZHVI — January 2026

Zillow Rent Index

$1,935

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 5.6%List Price ↑ 2.3%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.2%

Off Market in 2 Weeks

20.2%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
16.2%
Under Contract in 2 Wks
20.2%
Listings with Price Drops
28.9%

Market Activity

Source: Redfin

Homes Sold

241

New Listings

532

Pending Sales

367

Homes Sold ↓ 23.2%New Listings ↑ 41.9%Pending ↓ 6.1%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$224

Median List $/SF

$234

Sale $/SF ↓ 5.1%List $/SF ↓ 2.1%Mar 24 → Jan 26

Surprise vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Surprise is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$396,000

Median Rent

$1,917

Total Housing Units

60,356

Vacancy Rate

9.8%

Owner Occupied

79.0%

Renter Occupied

21.0%

Median Property Tax

$1,811

per year

Monthly Cost (w/ Mortgage)

$1,440

Housing Types

Single Family
87.0%
Multi-Family
8.2%
Mobile Home
4.8%

The current median sale price in Surprise, AZ is $415,480 according to Redfin data. Homes spend a median of 73 days on the market. 16.2% of homes sold above asking price. The market has 6.3 months of supply. The median price per square foot is $224. Zillow's observed rent index is $1,935/month. About 79.0% of housing units are owner-occupied. The median year homes were built is 2004. There are 60,356 total housing units.