How much do homes in Surprise, AZ cost?

Median List Price

$354,998

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$64,998(+22.4%)

Key Takeaway

The list price of homes in Surprise has increased by 22.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $140K$158.2K+13.0%
2 $295K$330.1K+11.9%
3 $269.9K$335K+24.1%
4 $307.4K$381.3K+24.0%
5+ $360K$435K+20.8%

Median List Price Compared To Nearby Cities

Surprise
+22.4%
El Mirage
+21.8%
Wittmann
+21.6%
Peoria
+21.0%
Waddell
+20.8%

How many homes are available in Surprise, AZ?

Number of Homes For Sale

Jul 2021Aug 2021%
933965+3.4%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 85-37.5%
2 163166+1.8%
3 373397+6.4%
4 305302-1.0%
5+ 8495+13.1%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
87 Days71 Days-18.8%

Breakdown of Home Sale Times

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Key Takeaway

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About Surprise, AZ

There are 965 homes are for sale in Surprise, AZ real estate market. Between July 2021 and August 2021, Surprise, AZ real estate market has seen increase in the number of listings by 3.4%. The median list price of listings available in August 2021 was $354,998, while the average time on the real estate market was 71 days. This housing market listing prices have changed between July 2021 and August 2021: the cost of 1 bedroom properties went up by 13%, the cost of 2 bedrooms properties went up by 11.9%, 3 bedrooms properties prices increased by 24.1%, 4 bedrooms properties prices increased by 24%, prices of 5 bedrooms properties went up by 20.8%. This housing market inventory have changed: 1 bedroom homes became 37.5% less available, 2 bedrooms homes inventory increased by 1.8%, 3 bedrooms homes became 6.4% more available, the quantity of 4 bedrooms homes went down by 1%, 5 bedrooms homes became 13.1% more available. Surprise, AZ housing market in August 2021 saw over 203 listings sold above listed price, more than 83 sold at listed price and over 48 sold below.

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