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Housing in Sun Lakes

511 homes sold in Sun Lakes in the last year, at a typical $478K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Sun Lakes homes are listed.

Homes sold
511
June 2025 to May 2026
Typical sale price
$478K
median, weighted by sales
Price per square foot
$254
Arizona $253
Paid vs. asking
96.8%
8% sold over asking
For sale now
144
May 2026 · 47 sold that month
What sold · last 12 months

Houses are 90% of Sun Lakes’ sales, at a typical $492K

511 homes sold in the year to May 2026.

Houses$492K

typical sale · 459 sold in 12 months

Per square foot
$255AZ $251
Days to sell
69
Sold over asking
8%
Listings with a price cut
36%
Fewer sales

Townhouses: 52 sold, typical $385K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.9 times the 2016 price

511 sales in the last year, against 614 in 2021 and a low of 421 in 2024. The typical sale went from $253K in 2016 to $478K.

Homes soldTypical sale price
0162325487650$225K$350K$475K$600K2012: 556 sold, typical $192K’122013: 577 sold, typical $218K2014: 503 sold, typical $236K’142015: 579 sold, typical $242K2016: 597 sold, typical $253K’162017: 591 sold, typical $272K2018: 577 sold, typical $306K’182019: 581 sold, typical $314K2020: 601 sold, typical $348K’202021: 614 sold, typical $422K2022: 504 sold, typical $489K’222023: 425 sold, typical $468K2024: 421 sold, typical $502K’242025: 465 sold, typical $495KLast 12 months: 511 sold, typical $478KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Sun Lakes

Houseat $255 a sq ft
The same money in Arizonaat $251 a sq ft

Is this asking price fair?

Check a listing against what Sun Lakes homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Sun Lakes are back to pre-pandemic levels, and more homes are for sale

We read every month of Sun Lakes’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 511 sales.

If you’re buying in Sun Lakes

  • Shop in January. It brings about 63 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
  • You can negotiate. 36% of listings have cut their price, against 29% before the pandemic.
  • Offer under asking. Buyers paid 96.8% of the list price on average; 8% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 70 days.
Best time to buy

Winter brings the homes; summer brings the bidding wars

February has the most new listings (about 68 a month), but July is the most competitive: 18% of July sales close over asking. August has the least competition (11%).

New listings a monthShare sold over asking
017.53552.5707%13%20%Sweet spotJan: 63 new listings a month, 13% sold over asking, 52 days to sellJFeb: 68 new listings a month, 14% sold over asking, 52 days to sellFMar: 65 new listings a month, 17% sold over asking, 45 days to sellMApr: 47 new listings a month, 17% sold over asking, 45 days to sellAMay: 39 new listings a month, 16% sold over asking, 49 days to sellMJun: 36 new listings a month, 14% sold over asking, 64 days to sellJJul: 36 new listings a month, 18% sold over asking, 57 days to sellJAug: 45 new listings a month, 11% sold over asking, 53 days to sellASep: 52 new listings a month, 16% sold over asking, 47 days to sellSOct: 62 new listings a month, 14% sold over asking, 38 days to sellONov: 48 new listings a month, 13% sold over asking, 40 days to sellNDec: 44 new listings a month, 11% sold over asking, 47 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Arizona

Sun Lakes now2017–192021 peakAZ now
Sold over askingShare of sales that closed above the list price8%10%42%13%
Gone within two weeksShare of homes under contract within 14 days22%40%59%22%
Listings with a price cutShare of homes for sale that cut their price36%29%21%29%
Price paid vs. askingAverage sale price ÷ list price96.8%97.7%100.5%97.8%
Days to sellMedian days from listing to contract70482767
Supply

175 homes for sale on a typical day

That’s 3.1 times the 2021 low (57) and 53% more than in 2017–19.

2012: 148 for sale’122013: 132 for sale2014: 162 for sale2015: 162 for sale’152016: 179 for sale2017: 123 for sale2018: 102 for sale’182019: 119 for sale2020: 91 for sale2021: 57 for sale’212022: 90 for sale2023: 80 for sale2024: 93 for sale’242025: 173 for saleLast 12 months: 175 for saleNow
Room to negotiate

1 in 3 listings has cut its price

36% in the last year, against 29% in 2017–19 and 29% across Arizona. More sellers are pricing high and coming down.

2015: 28%’152016: 28%2017: 29%2018: 29%’182019: 30%2020: 28%2021: 21%’212022: 37%2023: 34%2024: 31%’242025: 35%Last 12 months: 36%Now
Across Arizona

Sun Lakes ranks 73rd of 97 busy Arizona markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Sun Lakes is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Sun Lakes home costs about $2,727 a month

Mortgage
Property tax
Insurance
Rent

Price: Sun Lakes’ typical sale, last 12 months. Property tax at Sun Lakes’ 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sun Lakes is affordable on local pay is on Cost of living.

Before you buy in Sun Lakes

Six things worth knowing

68

New listings in February

The month with the most choice. July has the fewest, about 36.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $478K home, about $2,790 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Sun Lakes, from test results, graduation and how much students grow.

Schools in Sun Lakes
21 min

Typical commute

The average one-way trip to work for people who live in Sun Lakes.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Maricopa sells for less a square foot

The busier markets within 25 miles of Sun Lakes, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Mesa5,539$462K$26214%59
Gilbert3,259$575K$28013%56
Chandler2,907$529K$28812%54
Maricopa1,669$346K$18419%83
Queen Creek1,615$629K$25910%78
Tempe1,396$481K$29411%58
Sun Lakes511$478K$2548%70

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Sun Lakes, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sun Lakes. People who follow the town see it, and so do people comparing Sun Lakes with their own town. No commission, no listing fee.

Questions about buying a home in Sun Lakes

What do homes sell for in Sun Lakes, AZ?

511 homes sold in the year to May 2026 at a typical $478K, $254 a square foot.

Is Sun Lakes a buyer’s or seller’s market?

A seller’s market: 144 homes were for sale in May 2026 and 47 sold, about 3.1 months of supply. Buyers paid 96.8% of asking on average, and 36% of listings cut their price.

When is the best time to buy in Sun Lakes?

February brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Sun Lakes?

About 0.6% of a home’s value a year. On a $478K home that’s near $2,790.

Where can I see homes for sale in Sun Lakes?

Zillow, Redfin, Realtor.com and Homes.com all carry Sun Lakes’ MLS listings; the search links above open each one filtered to Sun Lakes.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).