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Tempe

Why you'd want to live in Tempe

Tempe is a city just east of Phoenix, in Arizona. Its striking Tempe Center for the Arts hosts concerts, dance and comedy shows. Nearby, Tempe Town Lake is dotted with kayaks, pedal boats and paddleboards. Tempe Beach Park hosts outdoor festivals. Rising above the city, Hayden Butte is a mountain dotted with centuries-old rock art. Sporting events and concerts are held at Wells Fargo Arena. via google

Tempe Market Report

$614,668

AVERAGE PRICE OF 442 HOMES

$419,350

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,018,545

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$2,690,000

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$840,593

AVERAGE PRICE OF 121 HOMES WITH A POOL

$407,933

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $614,668
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $232,084
2 bedrooms $315,547
3 bedrooms $478,297
4 bedrooms $751,535
5 bedrooms $1,164,200
Tempe Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 447 490 492 435 407
Average Price $591,376 $587,326 $591,618 $602,356 $605,880
Avg Price Change +0.69% -0.73% -1.82% -0.59% +1.94%
Median Price $486,946 $498,990 $508,002 $509,209 $514,641
Med Price Change -2.47% -1.81% -0.24% -1.07% -1.46%
Avg Bedrooms 2.77 beds 2.81 beds 2.79 beds 2.8 beds 2.75 beds
Avg Bathrooms 2.03 baths 2.06 baths 2.05 baths 2.05 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 145 $515,041 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 442 $614,668 77 days
Distressed Homes 2 $419,350 36 days
Multi-Million Dollar Homes 46 $2,018,545 112 days
Newly Built Homes 3 $2,690,000 69 days
Homes with a Pool 121 $840,593 63 days
Reduced Price Homes 23 $407,933 84 days
Bliss Realty & Investments
1530 E Williams Field Rd, #201
Gilbert, AZ 85295
480-447-7442

Based on information submitted to the MLS GRID as of January 24, 2025 1 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
© 2025 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 Mara Benson - Bliss Realty & Investments 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. January 24, 2025
Copyright 2025 WARDEX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. This data is provided by the Western Arizona REALTOR Data Exchange, Inc.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Mara Benson - Bliss Realty & Investments are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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