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Surprise, AZ Real Estate & Property Data

Surprise Real Estate Market Trends

Last Updated: April 29, 2024

Accurate and comprehensive real estate data is critical for insight into Surprise, AZ. ATTOM’s Surprise real estate data is updated daily, and current market trends show that in Surprise, AZ a total of 4,637 residential properties have sold over the past year. With a median home price of $418,900 in Surprise and a total of 15 foreclosures. Get detailed property data for Surprise, AZ instantly. ATTOM is your one-stop-shop for the Surprise property reports and real estate data you need in Surprise, AZ.

Surprise Real Estate Market Trends

Get property data for any address in Surprise, AZ or the country:

Total Residential Properties 62,809

Total Commercial Properties 1,586

Avg. Home Age (Single Family Home) 19 Years

Avg. Square Feet (Single Family Home) 2,057

Total 2024 Residential Sales (year-to-date) 542

% of Homes Seriously Underwater (Q2 2024) 1.03%

Total 2023 Residential Sales 4,412

% of Equity Rich Homes (Q2 2024) 36.16%

Effective 2023 Property Tax 0.37%

Total Foreclosure Filings (year-to-date) 27

Surprise, AZ Real Estate Overview

There were 4,637 residential properties sold in the past year in Surprise, AZ. The median home value in Surprise, AZ is $437,029. There are a total of 62,809 residential properties in the Surprise.

Median Sales Price i

$418,900

(Feb 2024)

-0.5%

year-over-year

y-o-y

February '24 Feb '24 $418,900
January '24 Jan '24 $414,750
December '23 Dec '23 $409,500
November '23 Nov '23 $414,995
October '23 Oct '23 $420,000
September '23 Sep '23 $430,000
August '23 Aug '23 $430,000
July '23 Jul '23 $430,000
June '23 Jun '23 $429,450
May '23 May '23 $428,700
April '23 Apr '23 $415,239
March '23 Mar '23 $407,112

Median Down Payment i

$50,000

(Feb 2024)

+7.8%

year-over-year

y-o-y

February '24 Feb '24 $50,000
January '24 Jan '24 $73,750
December '23 Dec '23 $61,050
November '23 Nov '23 $78,260
October '23 Oct '23 $56,212
September '23 Sep '23 $37,999
August '23 Aug '23 $44,994
July '23 Jul '23 $81,095
June '23 Jun '23 $40,000
May '23 May '23 $56,836
April '23 Apr '23 $67,900
March '23 Mar '23 $52,000

Number of Homes Sold i

295

(Feb 2024)

-20.7%

year-over-year

y-o-y

February '24 Feb '24 295
January '24 Jan '24 247
December '23 Dec '23 274
November '23 Nov '23 212
October '23 Oct '23 269
September '23 Sep '23 313
August '23 Aug '23 371
July '23 Jul '23 371
June '23 Jun '23 466
May '23 May '23 528
April '23 Apr '23 421
March '23 Mar '23 498

Number of Purchase Loans i

282

(Feb 2024)

-9.6%

year-over-year

y-o-y

February '24 Feb '24 282
January '24 Jan '24 207
December '23 Dec '23 271
November '23 Nov '23 163
October '23 Oct '23 232
September '23 Sep '23 299
August '23 Aug '23 304
July '23 Jul '23 338
June '23 Jun '23 403
May '23 May '23 431
April '23 Apr '23 336
March '23 Mar '23 397

Number of REFI Loans i

133

(Feb 2024)

+66.2%

year-over-year

y-o-y

February '24 Feb '24 133
January '24 Jan '24 122
December '23 Dec '23 104
November '23 Nov '23 114
October '23 Oct '23 124
September '23 Sep '23 115
August '23 Aug '23 139
July '23 Jul '23 111
June '23 Jun '23 111
May '23 May '23 124
April '23 Apr '23 107
March '23 Mar '23 123

Number of HELOC Loans i

67

(Feb 2024)

+34%

year-over-year

y-o-y

February '24 Feb '24 67
January '24 Jan '24 53
December '23 Dec '23 57
November '23 Nov '23 78
October '23 Oct '23 61
September '23 Sep '23 72
August '23 Aug '23 91
July '23 Jul '23 75
June '23 Jun '23 62
May '23 May '23 78
April '23 Apr '23 68
March '23 Mar '23 60

Surprise, AZ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

85374
$411,919 $230.05/sqft
85378
$437,029 $212.42/sqft
85379
$446,871 $201.72/sqft
85387
$473,941 $219.87/sqft
85388
$457,025 $202.65/sqft

Surprise, AZ Foreclosure Activity

There were a total of 15 Surprise, AZ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

15

(Feb 2024)

+150%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 12
December '23 Dec '23 13
November '23 Nov '23 16
October '23 Oct '23 8
September '23 Sep '23 14
August '23 Aug '23 10
July '23 Jul '23 8
June '23 Jun '23 9
May '23 May '23 12
April '23 Apr '23 10
March '23 Mar '23 14

Foreclosure Starts i

15

(Feb 2024)

+150%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 12
December '23 Dec '23 13
November '23 Nov '23 16
October '23 Oct '23 8
September '23 Sep '23 14
August '23 Aug '23 10
July '23 Jul '23 8
June '23 Jun '23 9
May '23 May '23 12
April '23 Apr '23 10
March '23 Mar '23 14

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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