Surprise, AZ home values, income, and owner costs

The local figures answer the first question: In Surprise, AZ, the 2024 ACS reports a median owner-occupied home value of $435,100, median household income of $96,711, and median selected monthly owner costs of $1,860 for owners with a mortgage. For borrower planning, together, those three reference points may still help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,860 measure combines recurring ownership expenses instead of real estate taxes alone. A useful affordability review starts with $435,100, $96,711, and $1,860, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Surprise, AZ's $435,100 median home-value estimate is above the statewide $394,500 estimate, with a reported city-to-state gap of 10.3%. For borrower planning, that 10.3% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Surprise, AZ. It does not mean every local property is 10.3% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. A borrower can use $435,100 and $394,500 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.