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Tempe

Why you'd want to live in Tempe

Tempe is a dynamic city with a youthful energy, largely due to being the home of Arizona State University. This brings a vibrant college-town atmosphere with a variety of cultural and recreational opportunities. Tempe's downtown area is bustling with restaurants, bars, and shops, creating a lively social scene. The city is also known for its commitment to sustainability and outdoor activities, with numerous parks, biking trails, and the popular Tempe Town Lake, which offers opportunities for boating and paddleboarding. With its diverse community and active lifestyle, Tempe attracts those who enjoy a lively and engaging environment

Tempe

Tempe Market Report

$610,823

AVERAGE PRICE OF 460 HOMES

$420,350

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,986,698

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$4,667,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$839,357

AVERAGE PRICE OF 117 HOMES WITH A POOL

$504,795

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $610,823
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $322,707
2 bedrooms $347,887
3 bedrooms $504,755
4 bedrooms $743,609
5 bedrooms $990,848
Tempe Home Price Trends
  12/2025 11/2025 10/2025 9/2025 8/2025
Total Listings 468 525 538 563 576
Average Price $618,379 $627,953 $627,147 $610,464 $577,391
Avg Price Change -1.55% +0.13% +2.73% +5.73% +0.99%
Median Price $495,604 $498,629 $492,659 $496,936 $494,722
Med Price Change -0.61% +1.21% -0.87% +0.45% +0.14%
Avg Bedrooms 2.76 beds 2.84 beds 2.81 beds 2.83 beds 2.83 beds
Avg Bathrooms 2.08 baths 2.11 baths 2.09 baths 2.08 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 148 $568,352 105 days
Total Homes Average Price Avg Days on Site
All Homes 460 $610,823 92 days
Distressed Homes 7 $420,350 56 days
Multi-Million Dollar Homes 42 $1,986,698 160 days
Newly Built Homes 2 $4,667,500 182 days
Homes with a Pool 117 $839,357 82 days
Reduced Price Homes 37 $504,795 66 days
r3homegroup | DeLex Realty
6170 W Chandler Blvd #14
Chandler, AZ 85226
602-621-0968

© 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Jeff Cayton - DeLex Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. January 16, 2026
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