Welcome to our 85388 real estate data hub, tailored for investors in Surprise, AZ. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 85388 in Surprise, AZ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MARICOPA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Surprise, AZ real estate investing. Uncover the wealth of information available, and position yourself for success in the Surprise property market.
-
Location Overview
- Zip Code: 85388
- City: Surprise
- State: AZ
- Metro Area: Phoenix-Mesa-Chandler, AZ
- County Name: MARICOPA COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $435,394
- Average Home Price (Single Family Homes): $435,409
- Average Monthly Rental Price (All Types): $2,219
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 1%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,280
- Average 3 Bedroom Section 8 Rental Rates: $3,130
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 15.91
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 11.59
- Number of Units Offered in Section 8 in the County: 8542
- Number of Occupied Units in Section 8 in the County: 8071
- Percentage of Section 8 Units Occupied in the County: 94.5%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.47%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.98%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.38%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.93%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 127.87%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.36%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 118.53%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.26%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.32%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 50.12%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 73.59%