85387, Surprise, AZ

The 85387 zip code of Surprise, AZ has a median home value of $227,000. This is higher than the national median home value of $177,500. The 85387 zip code also has a higher than average percentage of homes with a mortgage at 84%. This is higher than the national mortgage rate of 6.5%.

Surprise's high home values and high percentage of mortgages are likely due to its affluent population. The city has a population density of just over 1,000 people per square mile which is much lower than the national average population density of over 8,000 people per square mile. Additionally, Surprise has seen strong job growth in recent years which may have contributed to its high home values and mortgage rates.