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Foreclosure Homes in Surprise, AZ

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Surprise, AZ Foreclosures

How much do homes sell for in Surprise, AZ?
The average home price is currently $427,859.
In Surprise, AZ, how many homes are available?
There are currently 369 active home listings available in Surprise.
What’s the average rental cost in Surprise, AZ?
The average rental price in Surprise is $1,773.
What is the most expensive home in Surprise?
The most expensive home sold in Surprise had a price of $97,134,360.
What is currently the cheapest priced home in Surprise, AZ?
The cheapest home for sale in Surprise is priced at $25,231.

Living in Surprise, AZ

Surprise, AZ is a rapidly growing city known for its warm climate, family-friendly environment, and numerous amenities. It features excellent schools, ample recreational activities, and strong community ties, making it an attractive place for residents and investors alike. The city's diverse housing market caters to various budgets, from affordable homes to luxurious properties.

Current Market Conditions in Surprise, AZ

The real estate market in Surprise, AZ is currently experiencing a steady increase in home sales, coupled with rising prices due to high demand and limited inventory. Investors are drawn to the area for its potential growth, as new developments and infrastructure projects are underway, making it a promising location for both resale and rental properties.

As the population continues to grow, so does the demand for housing, leading to a competitive market with various opportunities for investors. The rental market is also thriving, with many families looking for rental options while they explore homeownership.

Home Value Estimator For Surprise, AZ

There are currently 52,042 real estate properties in Surprise, AZ, with a median automated valuation model (AVM) price of $403,899.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Surprise, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Surprise, AZ, is $427,859.00, with the most expensive house in Surprise, AZ, topping out at $97,134,360.00 and the cheapest home in Surprise, AZ, clocking in at $25,231.00. In other words, there’s something for every potential homebuyer or savvy investor in Surprise, AZ!

Rent Prices In Surprise, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Surprise, AZ, is on a rollercoaster ride. The average rent price in Surprise, AZ, is $1,773.00. Indeed, when looking to rent in Surprise, AZ, you can expect to pay as little as $630.00 or as much as $5,320.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Surprise, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Surprise, AZ Foreclosures

Market Trend for Surprise, AZ

Total Listings Available: 369

Market Values:

Home Prices from $25,231 to $97,134,360

Average Sales Price: $427,859

Rental Values:

Rental from $630 to $5,320

Average Rent Value: $1,773 / month

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