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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

$520,207

AVERAGE PRICE OF 569 HOMES

$276,980

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,987,346

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$879,450

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$725,657

AVERAGE PRICE OF 129 HOMES WITH A POOL

Average Home

Average Price $520,207
Avg Bedrooms 2.96 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $299,176
2 bedrooms $356,127
3 bedrooms $529,511
4 bedrooms $644,944
5 bedrooms $910,760
Tempe Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings 566 n/a n/a 573 580
Average Price $525,832 n/a n/a $586,892 $602,828
Avg Price Change n/a n/a n/a -2.72% -2.09%
Median Price $474,376 n/a n/a $498,539 $494,435
Med Price Change n/a n/a n/a +0.83% -0.01%
Avg Bedrooms 2.97 beds n/a n/a 2.8 beds 2.79 beds
Avg Bathrooms 2.22 baths n/a n/a 2.13 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 36 $999,785 91 days
Coronado High School 12 $583,199 62 days
Marcos De Niza High School 116 $531,726 64 days
McClintock High School 155 $462,502 74 days
Tempe High School 217 $496,297 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 569 $520,207 72 days
Distressed Homes 5 $276,980 49 days
Multi-Million Dollar Homes 22 $1,987,346 109 days
Newly Built Homes 2 $879,450 53 days
Homes with a Pool 129 $725,657 80 days
r3homegroup | DeLex Realty
4700 S McClintok Drive #160
Tempe, AZ 85282
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. August 12, 2026
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