Zip 85387 (Surprise, AZ) Housing

Housing in 85387 Surprise, AZ has a median value of $477,800 which is significantly higher than the US median value of $338,100. This reflects the strong housing market in the area with a 1 year house appreciation rate of 11.29%, well above the US average appreciation rate of 8.27%. It is clear that homeowners in 85387 Surprise are benefiting from the current housing trends and are seeing a strong return on their investments.

The median home cost in Surprise (zip 85387) is $477,800. Home appreciation the last 10 years has been 198.2%. Home Appreciation in Surprise (zip 85387) is up 21.9%.

Average Age of Homes

- The median age of Surprise (zip 85387) real estate is 13 years old

The Rental Market in Surprise (zip 85387)

- Renters make up 10.0% of the Surprise (zip 85387) population
- 0.2% of houses and apartments in Surprise (zip 85387), 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
	6,690.0	139,647,020.0
	15	42
	$477,800	$338,100
	21.9%	16.6%
	91.7%	57.0%
	198.2%	101.1%
	$6.30	$10.98
	$2,229	$2,690
	85.7%	57.4%
	7.6%	11.2%
	6.7%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.2%	0.4%
	7.2%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.2%	2.4%
	0.6%	2.8%
	0.0%	3.9%
	1.1%	4.5%
	2.1%	11.3%
	3.2%	13.0%
	22.8%	20.1%
	34.7%	13.6%
	17.4%	8.3%
	15.2%	9.7%
	1.3%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.0%	0.2%
	63.8%	13.6%
	63.8%	13.6%
	6.6%	13.6%
	4.7%	13.2%
	1.5%	14.8%
	6.6%	13.6%
	0.4%	10.0%
	0.3%	4.7%
	0.0%	12.2%

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