Home/Sun Lakes homes for sale/ZIP 85248

The short answer

As of November 1, 2026, there are 144 homes, condos, and townhomes listed for sale in Sun Lakes 85248, with a median list price of $474,900. Over the past 12 months, 592 homes sold at a median price of $450,000, or $248 per square foot, after a median of 58 days on market. Homes closed at a median of 97.85% of their final list price. With about 2.9 months of supply, the market is leaning toward sellers.

Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a Sun Lakes address in ZIP 85248 in the MLS, as explained in the FAQ below.

The Sun Lakes 85248 market, by the numbers

Closed residential sales, November 1, 2025 to November 1, 2026.

592
Homes sold in the past 12 months
$450,000
Median sale price
$248
Median price per square foot
58 days
Median days on market
97.85%
Median sale to final list price
95.08%
Median sale to original list price
144
Homes for sale today
2.9
Months of supply
0%
Sales at $1 million or more
34%
Closed sales with a seller concession
$6,400
Median seller concession, sales that had one
77%
Listing success rate

Months of supply is today's 144 listings divided by the 12 month average of about 49 sales per month. 0 of the 592 sales closed at $1 million or more. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record. Listing success rate is the share of listings that left the market over the past 12 months that closed rather than being cancelled or expiring: 592 closed and 179 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.

Sun Lakes 85248 median sale price, 10 years

Yearly median sale price of closed residential sales, 2016 to 2026.

Sun Lakes 85248 median home sale price by year Line chart of the yearly median sale price from 2016 to 2026. The table below the chart lists every value. $0 $100K $200K $300K $400K $500K $600K 2016: $240,000 median, 709 sales 2016 $240K 2017: $257,200 median, 700 sales 2017 2018: $289,900 median, 673 sales 2018 2019: $297,450 median, 676 sales 2019 2020: $333,000 median, 685 sales 2020 2021: $390,250 median, 734 sales 2021 2022: $465,000 median, 588 sales 2022 2023: $439,950 median, 514 sales 2023 2024: $465,000 median, 503 sales 2024 2025: $470,000 median, 528 sales 2025 $470K 2026 year to date: $450,000 median, 507 sales 2026 YTD $450K

The median sale price for homes with a Sun Lakes 85248 address went from $240,000 in 2016 to $470,000 in 2025, up 96%. So far this year, through November 1, 2026, the median is $450,000. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.

See the yearly numbers
YearMedian sale priceHomes sold
2026 (through November 1, 2026)$450,000507
2025$470,000528
2024$465,000503
2023$439,950514
2022$465,000588
2021$390,250734
2020$333,000685
2019$297,450676
2018$289,900673
2017$257,200700
2016$240,000709

Source: ARMLS via Flexmls. Closed residential sales by calendar year, calculated by Arizona Luxury Partners.

What the numbers mean right now

Our read on the market, for buyers and for sellers.

Over the past 12 months, 592 homes with a Sun Lakes 85248 address sold, and 0% of them closed at $1 million or more. Today 144 are listed for sale, and 79 of those have already had a price change.

Pricing is where homes win or sit. 161 of last year's sales, or 27%, went under contract within 30 days, at about 98% of list price on average. 123, or 21%, took more than 120 days, and those closed at about 88% of their original list price on average.

If you are buying

  • The typical home sold about 5% below its original list price, so there is room to negotiate on homes that have been listed a while.
  • 34% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
  • Compare a home against recent sales in the same neighborhood and price range, not the whole ZIP code.
  • Get pre-approved first so you can act quickly when the right home comes up.

If you are selling

  • Your first month matters most. Homes that sold within 30 days closed at about 98% of list price on average.
  • Homes that sat more than 120 days closed at about 88% of their original list price, so pricing right at the start pays.
  • Price against recent sales in your own neighborhood, and show how your home compares on size, lot, and updates.
  • We can show you the exact sales we would use to price your home.

Get a Sun Lakes 85248 home value

About Sun Lakes 85248

How ZIP 85248 compares with the rest of Sun Lakes.

ZIP code 85248 covers nearly all Sun Lakes home sales in the MLS. Over the past 12 months it accounted for 592 of the 592 Sun Lakes home sales, or about 100%, at a median price of $450,000, the same as the Sun Lakes median of $450,000.

City
Sun Lakes, Arizona (MLS mailing city)
ZIP code
85248
Median home size sold
1,823 square feet over the past 12 months
Share of Sun Lakes sales
100% of the 592 closed sales over the past 12 months
Listings at $1 million or more
1 of 144 active listings
Listings with a price change
79 of 144 active listings

See all Sun Lakes homes for sale and city-wide market data

Nearby ZIP codes

Compare Sun Lakes 85248 with nearby ZIP codes.

All Sun Lakes homes for sale

Sun Lakes 85248 questions, answered

How much do homes cost in Sun Lakes 85248?

The median sale price was $450,000 for the 592 homes, condos, and townhomes with a Sun Lakes 85248 address that sold from November 1, 2025 to November 1, 2026, or $248 per square foot. Homes listed for sale on November 1, 2026 had a median list price of $474,900.

How many homes are for sale in Sun Lakes 85248 right now?

As of November 1, 2026, 144 homes, condos, and townhomes with a Sun Lakes 85248 address were listed for sale in the MLS. The search on this page updates continuously, so it always shows the current count.

How fast do homes sell in Sun Lakes 85248?

Homes that sold over the past 12 months spent a median of 58 days on the market and closed at a median of 97.85% of their final list price, or 95.08% of their original list price.

Is Sun Lakes 85248 a buyer's market or a seller's market?

With 144 listings today and about 49 sales a month over the past year, Sun Lakes 85248 has about 2.9 months of supply, which is leaning toward sellers. Conditions vary a lot by price range and neighborhood, so ask us for the numbers on the homes you are considering.

How common are seller concessions in Sun Lakes 85248?

203 of the 592 closed sales, or 34%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $6,400.

How many listings actually sell in Sun Lakes 85248?

Of the 771 listings that left the market over the past 12 months, 592 closed and 179 were cancelled or expired, a listing success rate of 77%. A listing that was cancelled and then relisted counts as cancelled.

How have Sun Lakes 85248 home prices changed over the past 10 years?

The median sale price for homes with a Sun Lakes 85248 address was $240,000 in 2016 and $470,000 in 2025, up 96%. So far this year, through November 1, 2026, the median is $450,000.

How does this page define Sun Lakes 85248?

Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is Sun Lakes and whose ZIP code is 85248, in Maricopa County. The MLS city is the mailing address city, which does not always match city limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on November 1, 2026.

Thinking about Sun Lakes 85248?

Your vision, your home, our expertise.

Tell us what you are looking for and we will send new Sun Lakes 85248 listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.

Your advisors

Kyle HermannAssociate Broker | Realtor®
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
Cheryl SolanoCRS® | Realtor®
480.518.0181
cheryl@azluxurypartners.com
License SA541911000
Meet Cheryl
Art BuckAssociate Broker | Realtor® | CCIM
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art

Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties

Sources

  1. ARMLS via Flexmls. Residential closed sales November 1, 2025 to November 1, 2026, and active listings on November 1, 2026, for listings whose MLS city is Sun Lakes and ZIP code is 85248, in Maricopa County. Medians and months of supply calculated by Arizona Luxury Partners.
  2. ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through November 1, 2026, for listings whose MLS city is Sun Lakes and ZIP code is 85248, in Maricopa County, used for the 10 year median sale price chart.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. ZIP code areas do not follow city limits or school boundaries, so confirm the city, HOA, and assigned schools for a specific address. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.