Surprise, AZ is a great place to invest in housing with a median value of $413,400 that is significantly higher than the US median value of $338,100. Furthermore, the housing appreciation rate over the last year in Surprise has been 11.29%, which is 3.02% higher than the US average of 8.27%. These figures demonstrate that investing in real estate in Surprise is both profitable and secure for homeowners. With its strong economy and picturesque scenery, Surprise is an ideal place to buy a new home or investment property.
The median home cost in Surprise is $413,400. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Surprise is up 21.9%.
Average Age of Homes
- The median age of Surprise real estate is 14 years old
The Rental Market in Surprise
- Renters make up 21.3% of the Surprise population
- 1.3% of houses and apartments in Surprise, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.