Home ValuePros

Market Intelligence · AZ / Surprise

Surprise, AZ 85388 Housing Market

The typical home value in Surprise, AZ 85388 is $446,716, down 1.7% over the past year. The median list price stands at $520,000, with homes taking a median of 68 days to sell.

Updated August 2026Median value$444K

The median home value in Surprise, AZ 85388 is $444K as of August 2026, down 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 85388 range

$408K to $479K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Typical home value in 85388 over the last 12 months: $451K in Aug 2025 to $444K in Aug 2026 (-1.5%).

Aug 2025$451K

Aug 2026$444K

The numbers

What is the 85388 housing market like?

Typical home value

$444K

Down1.5%YoY

Median list price

$520K

Down3.2%MoM

Days on market

68

Down5.6%MoM

Homes for sale

186

Up4.5%MoM

Price cuts

31.4%

Up9.7%MoM

New listings

64

Up33.3%MoM

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

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The comparison

How do 85388 home prices compare?

  • 85388$443,759
  • Surprise$420,096
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Surprise: 5 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

As of August 2026, there are 186 homes for sale in 85388, with 64 new listings added recently. The median days on market of 68 suggests a measured pace for sales. A notable 31.4% of listings have seen price reductions, which aligns with the year-over-year decline in home values. For sellers, this is a market where pricing strategy matters more than it did a year ago. Expect to compete actively if you list.

Monthly payment

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20% · $88,752

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