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 77 single family homes for sale with an average list price of $494,572.08. The average annual property tax for Rancho Mercado is $3,257.15.

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 2019 and 2025 by Taylor Morrison. It currently has 10 single family homes for sale with an average list price of $561,464.60. The homes range in size from 2,170 ft2 to 3,493 ft2. The average annual property tax for Almeria at Rancho Mercado is $2,385.71. 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 2025 by Taylor Morrison. It currently has 1 single family home for sale with a list price of $388,000. The homes range in size from 1,272 ft2 to 1,961 ft2. The average annual property tax for Avila at Rancho Mercado is $3,724.12. It is located in Maricopa county. ... Read more
Median Price: $390,453
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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 4,875 ft2. The average annual property tax for Catalonia at Rancho Mercado is $5,797.94. It is located in Maricopa county. ... Read more
Median Price: $682,342.50
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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 3 single family homes for sale with an average list price of $815,633. The homes range in size from 2,184 ft2 to 2,819 ft2. The average annual property tax for Fiesta at Rancho Mercado is $4,717.61. It is located in Maricopa county. ... Read more
Median Price: $641,500
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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 2 single family homes for sale with an average list price of $459,787.50. The homes range in size from 1,949 ft2 to 2,456 ft2. The average annual property tax for Los Cielos 2 at Rancho Mercado is $2,688.79. It is located in Maricopa county. ... Read more
Median Price: $464,990
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Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Rancho Mercado: April 11th to April 17th

New Homes For Sale This Week in Rancho Mercado: April 11th to April 17th - April 18, 2025

Rancho Mercado had 3 new homes for sale during the week of Friday, April 11 to Thursday, April 17, including including 3 single family homes for sale with an average ... continue reading
Homes Just Sold in Rancho Mercado: April 8th to April 14th

Homes Just Sold in Rancho Mercado: April 8th to April 14th - April 15, 2025

Rancho Mercado had only 1 sale during the week of Tuesday, April 8 to Monday, April 14, including and it was a single family home for sale with a list ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Rancho Mercado: April 5th to April 11th

New Homes with Master Bedrooms on the 1st Floor in Rancho Mercado: April 5th to April 11th - April 12, 2025

Rancho Mercado had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, April 5 to Friday, April 11, and ... continue reading
New Homes For Sale This Week in Rancho Mercado: April 4th to April 10th

New Homes For Sale This Week in Rancho Mercado: April 4th to April 10th - April 11, 2025

Rancho Mercado had 5 new homes for sale during the week of Friday, April 4 to Thursday, April 10, including including 5 single family homes for sale with an average ... continue reading
Homes Just Sold in Rancho Mercado: April 1st to April 7th

Homes Just Sold in Rancho Mercado: April 1st to April 7th - April 8, 2025

Rancho Mercado had only 1 sale during the week of Tuesday, April 1 to Monday, April 7, including and it was a single family home for sale with a list ... continue reading
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