Sun City, AZ 85351 Real Estate Market Report

ZIP Code: 85351
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of March 2026, the real estate market in Sun City, AZ is characterized by a median sold price of $299,000, indicating a stable pricing environment with no significant upward or downward movement. The neighborhood has decreased 8% since 2022, reflecting a cooling trend after previous growth phases. This price stability, combined with a median days on market of 226, suggests a shift towards a more balanced market, where properties are taking longer to sell, potentially indicating a buyer-friendly environment.

The current market conditions reveal elevated inventory levels, with sales activity appearing moderate. The sale-to-list ratio is below 100%, further supporting the notion of a market that is adjusting to a more stable pricing framework. While the broader Phoenix economy remains supportive, the specific activity within this 55+ community shows signs of slowing, suggesting that sellers may need to adjust expectations in light of these market dynamics.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Sun City AZ average around 6.28% to 6.31% compared to the national average of 6.30% from one week ago, indicating a slight recent upward trend for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The median sold price of $299,000 reflects a stable market environment with no significant price fluctuations recently.

2. A median days on market of 226 indicates slower sales velocity, suggesting that properties are taking longer to sell in the current market.

3. The market temperature is neutral, indicating a balanced environment without strong buyer or seller advantages.

4. With elevated inventory levels, there is excess supply relative to sales activity, which may pressure prices in the near term.

5. The median market rent stands at $1,740, which may influence buyer decisions as rental trends show a down trajectory.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.