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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

$602,651

AVERAGE PRICE OF 582 HOMES

$334,999

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,988,025

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$2,129,800

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$826,702

AVERAGE PRICE OF 144 HOMES WITH A POOL

$511,050

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $602,651
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $316,843
2 bedrooms $341,310
3 bedrooms $511,618
4 bedrooms $754,410
5 bedrooms $1,060,063
Tempe Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 535 468 468 525 538
Average Price $615,446 $607,870 $618,379 $627,953 $627,147
Avg Price Change +1.25% -1.73% -1.55% +0.13% +2.73%
Median Price $494,473 $489,683 $495,604 $498,629 $492,659
Med Price Change +0.98% -1.21% -0.61% +1.21% -0.87%
Avg Bedrooms 2.81 beds 2.75 beds 2.76 beds 2.84 beds 2.81 beds
Avg Bathrooms 2.13 baths 2.08 baths 2.08 baths 2.11 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 194 $573,400 84 days
Total Homes Average Price Avg Days on Site
All Homes 582 $602,651 77 days
Distressed Homes 3 $334,999 94 days
Multi-Million Dollar Homes 52 $1,988,025 121 days
Newly Built Homes 5 $2,129,800 109 days
Homes with a Pool 144 $826,702 63 days
Reduced Price Homes 38 $511,050 89 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. March 13, 2026
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