Tempe Market Report
$583,193
AVERAGE PRICE OF 607 HOMES$391,338
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,903,835
AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES$917,500
AVERAGE PRICE OF 2 NEWLY BUILT HOMES$735,169
AVERAGE PRICE OF 172 HOMES WITH A POOL$511,206
AVERAGE PRICE OF 51 REDUCED PRICE HOMESAverage Home
| Average Price | $583,193 |
| Avg Bedrooms | 2.84 beds |
| Avg Bathrooms | 2.06 baths |
Average Price by Bedrooms
| 1 bedroom | $274,296 |
| 2 bedrooms | $331,545 |
| 3 bedrooms | $487,237 |
| 4 bedrooms | $668,862 |
| 5 bedrooms | $942,364 |
Tempe Home Price Trends
| 5/2025 | 4/2025 | 3/2025 | 2/2025 | 1/2025 | |
|---|---|---|---|---|---|
| Total Listings | 605 | 580 | 520 | 476 | 427 |
| Average Price | $601,280 | $602,445 | $606,272 | $606,275 | $612,698 |
| Avg Price Change | -0.19% | -0.64% | 0.00% | -1.06% | +3.61% |
| Median Price | $513,717 | $506,213 | $490,047 | $481,328 | $483,785 |
| Med Price Change | +1.48% | +3.30% | +1.81% | -0.51% | -0.65% |
| Avg Bedrooms | 2.85 beds | 2.83 beds | 2.78 beds | 2.78 beds | 2.76 beds |
| Avg Bathrooms | 2.08 baths | 2.11 baths | 2.07 baths | 2.06 baths | 2.05 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Tempe High School | 204 | $520,363 | 83 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 607 | $583,193 | 77 days |
| Distressed Homes | 2 | $391,338 | 55 days |
| Multi-Million Dollar Homes | 48 | $1,903,835 | 108 days |
| Newly Built Homes | 2 | $917,500 | 25 days |
| Homes with a Pool | 172 | $735,169 | 68 days |
| Reduced Price Homes | 51 | $511,206 | 78 days |
