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Market Intelligence · AZ / Maricopa County

Surprise, AZ home prices and housing market

5 ZIP markets liveData updated September 2026Typical value$419K1-yr changeDown1.3%

The typical home value in Surprise, AZ is $419K as of September 2026, down 1.3% from a year ago, based on the Zillow Home Value Index. In the typical Surprise ZIP code, the median list price is $445K and homes spend a median of 56 days on market as of September 2026 (Realtor.com).

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The coverage

Surprise, by the numbers.

Typical home valueZillow ZHVI, September 2026
$419K
1-yr changeMedian across Surprise ZIPs
-1.3%
ZIP markets live
5
County
Maricopa County

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12-month value trend

-1.3% over 12 months

Typical home value in Surprise over the last 12 months: $425K in Sep 2025 to $419K in Sep 2026 (-1.3%).

Sep 2025$425K

Sep 2026$419K

Median Zillow home value index across Surprise's ZIP codes.

Context

Surprise's housing market is cooling. The typical home value stands at $419,290, down 1.3% over the past year as of September 2026. There are 941 homes for sale citywide, with a median list price of $445,000. New listings total 388, and homes are spending a median of 56 days on market. Price cuts appear on 33.6% of listings, suggesting sellers are adjusting to buyer hesitation. If you're considering a sale, expect a slower process than in recent years.

The numbers

What is the housing market like in Surprise, AZ?

Typical home value

$419K

Down1.3%YoY

Median list price

$445K

Days on market

56

Homes for sale

941

Price cuts

33.6%

New listings

388

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Surprise's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Surprise, AZ home prices over time

Typical home values in Surprise, AZ are down 1.3% over the past year, from $425K in September 2025 to $419K in September 2026.

Typical home value in Surprise, AZ, September of each year
MonthTypical value1-yr change
September 2026$419,290-1.3%
September 2025$424,610No prior year

Typical value is the median Zillow Home Value Index across Surprise ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Surprise, AZ a buyer's or seller's market?

Surprise, AZ leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 56 days on market and 34% of listings with a price cut in the typical Surprise ZIP code, and 388 new listings against 941 active listings across Surprise, as of September 2026 (Realtor.com).

The outlook

Surprise housing market forecast 2027

-1.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 5 Surprise ZIP codes, points to typical home values falling 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in Surprise fell 1.3%, per the Zillow Home Value Index.

Will home prices drop in Surprise?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Surprise shows typical home values falling 1.4% by September 2027, after a 1.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 5 Surprise ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Surprise ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Surprise, AZ home prices.

What is a typical home worth in Surprise, AZ?

The typical home value in Surprise is $419,290 as of September 2026, though this represents a decline of 1.3% over the past year.

How long do homes take to sell in Surprise?

The median time on market is 56 days as of September 2026. About 33.6% of listings have received a price cut, which may reflect market conditions.

How many homes are currently for sale in Surprise?

As of September 2026, there are 941 homes for sale in Surprise, with 388 new listings added recently.

Are home prices going up or down in Surprise, AZ?

Typical home values in Surprise, AZ are down 1.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Surprise, AZ a buyer's or seller's market?

Surprise, AZ leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 56 days on market and 34% of listings with a price cut in the typical Surprise ZIP code, and 388 new listings against 941 active listings across Surprise, as of September 2026 (Realtor.com).

Nearby markets

More Arizona housing markets.

The market is moving

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