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Home Trends in Tempe, AZ
On average, homes in Tempe, AZ sell after 57 days on the market compared to the national average of 58 days. The median sale price for homes in Tempe, AZ over the last 12 months is $470,000, down 2% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$470,000
Median Single Family Sale Price
$540,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$296,000
Median 1 Bedroom Sale Price
$220,000
Average Price Per Sq Ft
$301
Number of Homes for Sale
398
Last 12 months Home Sales
1,417
Months of Supply
3.40
Median List Price
$499,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-2%
Popular Home Searches in Tempe, AZ
Tempe attracts buyers with its blend of desert scenery, vibrant college-town energy, and proximity to the greater Phoenix metro area.
- Want easy access to ASU? Browse condos or townhomes near Mill Avenue and campus transit lines.
- Looking for outdoor living? Search homes with a patio or balcony to enjoy the Arizona sunshine.
- Prefer efficient design? Explore single-story homes or ranch-style homes with air conditioning.
- Need upgraded features? Consider listings with kitchen islands or attached garages throughout Tempe’s neighborhoods.
- Interested in sustainability? Look for homes equipped with solar panels or EV charging setups.