Why Live in West Tempe
West Tempe, located in the heart of the Phoenix Metropolitan area, has retained its residential charm while evolving with the city around it. Historically an agricultural community, the area has transformed significantly since World War II, now housing Arizona State University (ASU) and various businesses. Home styles in West Tempe range from historic bungalows and mid-century ranch-style homes to modern builds, with some properties spanning a few acres and accommodating horses. The neighborhood is known for its excellent public schools, with the Tempe Union and Kyrene School Districts earning high marks. Residents enjoy a variety of attractions, including the Mill Avenue District, which offers restaurants, nightlife, and events such as the Tempe Festival for the Arts and the Tempe Mill Avenue Fantasy of Lights. Outdoor enthusiasts can explore numerous parks like Svob Park and Peterson Park, as well as mountain biking and hiking trails. West Tempe also hosts several athletic events annually, including the Ironman and Rock and Roll Marathon and Half Marathon. Major employers in the area include Bank of the West, Honeywell, Intel, Target, and ASU, making it a convenient location for commuters. The neighborhood is well-connected with nearby Interstate 10 and the 202 freeway, providing a typical 20-minute commute to Downtown Phoenix and a 10 to 20-minute drive to Phoenix Sky Harbor International Airport.
Home Trends in West Tempe, AZ
On average, homes in West Tempe, Tempe sell after 68 days on the market compared to the national average of 53 days. The median sale price for homes in West Tempe, Tempe over the last 12 months is $331,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$331,000
Median Single Family Sale Price
$360,000
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$255,000
Median 1 Bedroom Sale Price
$190,500
Average Price Per Sq Ft
$226
Number of Homes for Sale
50
Last 12 months Home Sales
158
Median List Price
$325,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
2%