Rancho Mercado, Surprise, AZ, Real Estate

Rancho Mercado is a vibrant, family-friendly neighborhood nestled in Surprise, Arizona, located southwest of Coldwater Ranch and northwest of Sunglow. Known for its peaceful ambiance and well-maintained surroundings, this suburban community offers a mix of modern amenities and desert charm. Homes in Rancho Mercado, many built by Taylor Morrison, range from cozy 1,272-square-foot residences to spacious 4,950-square-foot properties, with median listing prices around $538,000 as of early 2025. The neighborhood boasts a variety of housing options, including the luxurious Montgomery at Rancho Mercado rental homes, featuring private fenced yards, attached garages, and resort-style community perks like a fitness center and pool. Situated near W. Happy Valley Road and N. 147th Avenue, residents enjoy proximity to local hotspots, Home Depot, and Target, while the stunning mountain vistas and clean air enhance the desert lifestyle. Rancho Mercado blends convenience, safety, and a welcoming atmosphere.

Rancho Mercado currently has 55 single family homes for sale with an average list price of $455,811.22. The average annual property tax for Rancho Mercado is $2,946.11.

Current Homes for Sale

Schools

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What's Hot & What Not

Absorption Report Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Rancho Mercado, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Almeria at Rancho Mercado

Almeria at Rancho Mercado is a single-family home community in the Rancho Mercado neighborhood of Surprise, Arizona, built between 2020 and 2026 by Taylor Morrison. It currently has 4 single family homes for sale with an average list price of $554,397. The homes range in size from 2,170 ft2 to 3,493 ft2. The HOA fees range from $81 to $99 per month. The average annual property tax for Almeria at Rancho Mercado is $2,506.76. It is located in Maricopa County. ... Read more
Median Price: $547,783
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Avila at Rancho Mercado

Avila at Rancho Mercado is a single-family home community in the Rancho Mercado neighborhood of Surprise, Arizona, built between 2022 and 2026 by Taylor Morrison. It currently has 18 single family homes for sale with an average list price of $372,297.22. The homes range in size from 1,272 ft2 to 1,961 ft2. The HOA fees range from $83 to $191 per month. The average annual property tax for Avila at Rancho Mercado is $3,283.74. It is located in Maricopa County. ... Read more
Median Price: $390,000
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Catalonia at Rancho Mercado

Catalonia at Rancho Mercado is a single-family home community in the Rancho Mercado neighborhood of Surprise, Arizona, built between 2023 and 2024. It currently has no homes for sale. The homes range in size from 3,039 ft2 to 4,890 ft2. The HOA fees range from $81 to $85 per month. The average annual property tax for Catalonia at Rancho Mercado is $5,927.47. It is located in Maricopa County. ... Read more
Median Price: $947,484
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Fiesta at Rancho Mercado

Fiesta at Rancho Mercado is a single-family home community in the Rancho Mercado neighborhood of Surprise, Arizona, built between 2013 and 2024 by Taylor Morrison. It currently has 4 single family homes for sale with an average list price of $739,975. The homes range in size from 2,184 ft2 to 2,981 ft2. The HOA fees range from $79 to $91 per month. The average annual property tax for Fiesta at Rancho Mercado is $4,369.13. It is located in Maricopa County. ... Read more
Median Price: $664,941.50
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Los Cielos 2 at Rancho Mercado

Los Cielos 2 at Rancho Mercado is a single-family home community in the Rancho Mercado neighborhood of Surprise, Arizona, built between 2022 and 2025 by Taylor Morrison. It currently has 3 single family homes for sale with an average list price of $485,333. The homes range in size from 1,949 ft2 to 2,456 ft2. The HOA fees range from $79 to $91 per month. The average annual property tax for Los Cielos 2 at Rancho Mercado is $2,467.52. It is located in Maricopa County. ... Read more
Median Price: $476,490
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Subdivisions

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Market Trends

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Real Estate News

Homes Just Sold in Rancho Mercado: January 13th to January 19th

Homes Just Sold in Rancho Mercado: January 13th to January 19th - January 20, 2026

Rancho Mercado had 3 sales during the week of Tuesday, January 13 to Monday, January 19, including including 3 single family homes for sale with an average list price of ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Rancho Mercado: January 10th to January 16th

New Homes with Master Bedrooms on the 1st Floor in Rancho Mercado: January 10th to January 16th - January 17, 2026

Rancho Mercado had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, January 10 to Friday, January 16, and ... continue reading
New Homes For Sale This Week in Rancho Mercado: January 9th to January 15th

New Homes For Sale This Week in Rancho Mercado: January 9th to January 15th - January 16, 2026

Rancho Mercado had 3 new homes for sale during the week of Friday, January 9 to Thursday, January 15, including including 3 single family homes for sale with an average ... continue reading
New Homes For Sale This Week in Rancho Mercado: January 2nd to January 8th

New Homes For Sale This Week in Rancho Mercado: January 2nd to January 8th - January 9, 2026

Rancho Mercado had 8 new homes for sale during the week of Friday, January 2 to Thursday, January 8, including including 8 single family homes for sale with an average ... continue reading
Homes Just Sold in Rancho Mercado: December 30th to January 5th

Homes Just Sold in Rancho Mercado: December 30th to January 5th - January 6, 2026

Rancho Mercado had only 1 sale during the week of Tuesday, December 30 to Monday, January 5, including and it was a single family home for sale with a list ... continue reading
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