$25,000
2401 W Southern Ave Lot 142
Tempe, AZ
2 bd1 ba744 sqft
Mobile home
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Tempe, AZ
Balanced market+2.1% YoY
Housing market overview · Updated weekly
$475,000median sale price
Homes sold
106
Last 12 weeks
Days on market
50
Average pace
Active listings
451
4.3 months supply
Sale-to-list
97.5%
Below asking
The Tempe housing market is currently classified as a balanced market with a median sale price of $475,000. Prices have risen 2.1% compared to last year, with homes spending an average of 50 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Tempe
There are currently 451 homes listed for sale in Tempe, Arizona. The median listing price is $499K. Featured listings range from $25,000 to $700,000.
$109,900
2401 W Southern Ave Lot 344
Tempe, AZ
3 bd2 ba1,680 sqft
Mobile home
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$240,000
600 W Grove Pkwy Apt 2061
Tempe, AZ
2 bd1 ba941 sqft
Condo947 sqft lot
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$349,900
3623 S Cutler Dr
Tempe, AZ
3 bd2 ba1,260 sqft
House7,469 sqft lot
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$349,995
1445 E Broadway Rd Unit 115
Tempe, AZ
2 bd2 ba1,046 sqft
Townhouse1,046 sqft lot
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$400,000
83 W Calle De Arcos
Tempe, AZ
2 bd2 ba1,289 sqft
Townhouse3,737 sqft lot
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$465,000
730 S Beck Ave
Tempe, AZ
3 bd3 ba1,206 sqft
Townhouse1,133 sqft lot
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$511,000
2342 E Alameda Dr
Tempe, AZ
4 bd2 ba1,548 sqft
House7,349 sqft lot
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$575,000
945 E Lilac Dr
Tempe, AZ
4 bd2 ba1,486 sqft
House7,192 sqft lot
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$585,000
539 W 17th St
Tempe, AZ
4 bd2 ba1,942 sqft
House7,762 sqft lot
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$599,999
1244 E Hermosa Dr
Tempe, AZ
3 bd2 ba1,576 sqft
House8,255 sqft lot
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$700,000
1266 E LA Jolla Dr
Tempe, AZ
5 bd2 ba2,199 sqft
House7,836 sqft lot
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Looking to buy in Tempe?
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Active listings
451
Homes on market
Median list price
$499K
Avg. days on market
50
Days until sale
New this week
172
Newly listed
Price drops:28.8%of listings
Sale-to-list:97.5%
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Frequently asked questions
What is the average home price in Tempe?
The median home sale price in Tempe is $475,000, up 2.1% from last year.
How long do homes stay on market in Tempe?
Homes typically spend 50 days on market before going under contract.
Is Tempe a buyer's or seller's market?
With 4.3 months of supply, Tempe is currently a balanced market.
How many homes are for sale in Tempe?
There are currently 451 homes listed for sale in Tempe, AZ.
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