The story of this market
The typical home in ZIP 85387 sells for about $428,000, or $232 per square foot.
Prices are down 1.9% from a year ago, which gives buyers more room to negotiate. Homes take about 100 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,410 a month.
ZIP 85387 — Surprise
The housing market in 85387 is experiencing a slight cooling trend with home values declining 1.9% year-over-year. High inventory levels and a median price of $428,000 reflect a market adjusting to current interest rate environments. Several data points, including sales counts and rental figures, are not currently published for this specific ZIP code.
This area is primarily suited for families and retirees seeking newer construction homes in master-planned communities with integrated recreational amenities.
Median prices moved down 1.9% year over year.
Homes spend a median of 100 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 85387, Maricopa County, Arizona
The area is experiencing residential expansion with new master-planned communities like North Copper Canyon and Pomona.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arizona) — Senior Property Valuation Protection Option (Senior Freeze): Provides a 'freeze' on the valuation of the property for tax purposes, limiting the growth of the property tax burden for eligible seniors. State (Arizona) — Arizona Property Tax Assessment: The tax is calculated by applying an assessment ratio to the property's Limited Property Value (LPV). For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Arizona Property Tax Assessment: Property tax is calculated using the formula: (Full Cash Value or Limited Property Value) x Assessment Ratio = Net Assessed Value. The Net Assessed Value is then multiplied by the local tax rate. For primary residential property (Class 3), the assessment ratio is 10%. State (Arizona) — Delinquent Property Tax Lien Sale and 3-Year Redemption Foreclosure: The county treasurer sells a tax lien certificate via public auction to the investor bidding the lowest annual rate of interest (ranging from 16% down to 0% per annum under A.R.S. § 42-18114). State (Arizona) — Statutory Residential Homestead Exemption: Exempts up to $400,000 of equity in an owner-occupied primary dwelling from attachment, execution, and forced sale arising from unsecured civil judgment liens.
Local amenities include community-specific facilities such as gated pools, pickleball courts, and covered playgrounds within residential developments.
The local economy is driven by residential construction and real estate services, with a demographic profile that includes a significant senior population.
Development is focused on the expansion of master-planned residential communities in the northern sections of Surprise.
Data sourced from Census Bureau and Data Commons.
- Hurricane Harbor Phoenix3.615 mi
- FatCats Surprise4.49.7 mi
- Dave & Buster's Glendale4.216.5 mi
- Round1 Bowling & Arcade - Glendale3.812.6 mi
- Great Skate4.218.4 mi
- State Farm Stadium4.617 mi
- Desert Diamond Arena4.516.8 mi
- Camelback Ranch - Glendale4.617.2 mi
- Peoria Sports Complex4.612.5 mi
- Westgate Entertainment District4.616.7 mi
- Harkins Theatres Arrowhead4.612.3 mi
- Lake Pleasant Regional Park4.69.8 mi
- FatCats Surprise4.49.7 mi
- Rio Vista Community Park4.712.8 mi
- AMC Surprise Pointe 144.29.8 mi
- Martin Auto Museum and Event Center4.917.1 mi
- Pioneer Living History Museum4.415.7 mi
- Deer Valley Petroglyph Preserve4.515.2 mi
- Manistee Ranch4.618.9 mi
- Old China Dam4.817.1 mi
- Lake Pleasant Regional Park4.69.8 mi
- Paloma Community Park4.88.8 mi
- Rio Vista Community Park4.712.8 mi
- Surprise Community Park4.78.1 mi
- Thunderbird Conservation Park4.812.9 mi
- Scorpion Bay Marina4.711.1 mi
- Pleasant Harbor Marina4.611.3 mi
- Quintero Golf Club4.27.3 mi
- Palmbrook Golf Club4.211.7 mi
- Coyote Lakes Golf Club4.38.2 mi
- Union Hills Golf Club3.910 mi
- Trilogy Golf Club at Vistancia4.54.3 mi
- Arrowhead Towne Center4.412.5 mi
- Macy's4.312.6 mi
- T.J. Maxx4.312.8 mi
- WinCo Foods4.67.4 mi
- Fry's Marketplace4.43.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features gated pools, pickleball courts, and playgrounds.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.