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Tempe

Why you'd want to live in Tempe

Known for hosting year-round events, Tempe is home to one of the longest-standing, juried arts festivals in the state, Tempe Festival of the Arts. Four Peaks Oktoberfest at Tempe Town Lake, Arizona Dragon Boat Festival, and Rock ‘n’ Roll Arizona Marathon and ½ Marathon are among the many other special events to check out while in Tempe. To sample more of the city’s lively special events, attend an ASU football game at Sun Devil Stadium or a Cactus League Spring Training game at Tempe Diablo Stadium. via visitarizona.com

Tempe Market Report

$590,572

AVERAGE PRICE OF 427 HOMES

$1,960,242

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$681,292

AVERAGE PRICE OF 126 HOMES WITH A POOL

$540,248

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $590,572
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $241,241
2 bedrooms $347,172
3 bedrooms $492,639
4 bedrooms $666,201
5 bedrooms $932,877
Tempe Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 423 373 343 335 330
Average Price $591,087 $597,817 $594,638 $599,442 $595,083
Avg Price Change -1.14% +0.53% -0.81% +0.73% +7.15%
Median Price $525,233 $524,663 $523,688 $500,245 $496,130
Med Price Change +0.11% +0.19% +4.69% +0.83% +0.77%
Avg Bedrooms 2.8 beds 2.78 beds 2.82 beds 2.82 beds 2.85 beds
Avg Bathrooms 2.09 baths 2.1 baths 2.07 baths 2.03 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 122 $498,787 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 427 $590,572 55 days
Multi-Million Dollar Homes 31 $1,960,242 93 days
Newly Built Homes 1 $930,000 92 days
Homes with a Pool 126 $681,292 47 days
Reduced Price Homes 45 $540,248 51 days
Home Smart - Savvy Realty Group
Amy Richardson
6909 W Ray Rd #21
Chandler, AZ 85226
602-448-8081

© 2024 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 Amy Richardson - HomeSmart 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. June 21, 2024
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