Zip 85388 (Surprise, AZ) Housing

The housing market in 85388 Surprise, AZ is booming, with the median value currently at $424,300 - over $86,000 more than the national median of $338,100. This trend shows no sign of slowing down either; in the past year the US house appreciation rate was 8.27%, while in 85388 it was 11.29%, well above the national average. With such a hot housing market and growing appreciation rates, there has never been a better time to invest in Surprise real estate.

The median home cost in Surprise (zip 85388) is $424,300. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Surprise (zip 85388) is up 21.9%.

Average Age of Homes

- The median age of Surprise (zip 85388) real estate is 12 years old

The Rental Market in Surprise (zip 85388)

- Renters make up 22.9% of the Surprise (zip 85388) population
- 0.3% of houses and apartments in Surprise (zip 85388), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Surprise, Arizona	United States
	10,590.0	139,647,020.0
	15	42
	$424,300	$338,100
	21.9%	16.6%
	91.7%	57.0%
	198.2%	101.1%
	$5.46	$10.98
	$1,607	$2,690
	76.7%	57.4%
	5.5%	11.2%
	17.9%	31.4%
Vacant Housing
	0.3%	1.9%
	0.3%	0.4%
	1.3%	0.7%
	0.7%	0.4%
	1.9%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.3%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	1.7%	11.3%
	7.5%	13.0%
	42.0%	20.1%
	29.6%	13.6%
	13.0%	8.3%
	2.6%	9.7%
	0.0%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	73.9%	13.6%
	73.9%	13.6%
	5.8%	13.6%
	1.7%	13.2%
	0.8%	14.8%
	5.8%	13.6%
	0.0%	10.0%
	0.8%	4.7%
	0.0%	12.2%

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