Tempe Market Report
$584,322
AVERAGE PRICE OF 464 HOMES$629,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,805,305
AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES$225,000
AVERAGE PRICE OF 1 NEWLY BUILT HOMES$731,915
AVERAGE PRICE OF 134 HOMES WITH A POOL$664,118
AVERAGE PRICE OF 37 REDUCED PRICE HOMESAverage Home
| Average Price | $584,322 |
| Avg Bedrooms | 2.8 beds |
| Avg Bathrooms | 2.05 baths |
Average Price by Bedrooms
| 1 bedroom | $298,949 |
| 2 bedrooms | $350,638 |
| 3 bedrooms | $500,326 |
| 4 bedrooms | $682,540 |
| 5 bedrooms | $839,923 |
Tempe Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 435 | 407 | 401 | 421 | 423 |
| Average Price | $602,356 | $605,880 | $594,357 | $592,374 | $591,087 |
| Avg Price Change | -0.59% | +1.94% | +0.33% | +0.22% | -1.14% |
| Median Price | $509,209 | $514,641 | $522,175 | $520,999 | $525,233 |
| Med Price Change | -1.07% | -1.46% | +0.23% | -0.81% | +0.11% |
| Avg Bedrooms | 2.8 beds | 2.75 beds | 2.76 beds | 2.73 beds | 2.8 beds |
| Avg Bathrooms | 2.05 baths | 2.04 baths | 2.04 baths | 2.03 baths | 2.09 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Tempe High School | 135 | $499,234 | 65 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 464 | $584,322 | 61 days |
| Distressed Homes | 1 | $629,000 | 18 days |
| Multi-Million Dollar Homes | 35 | $1,805,305 | 122 days |
| Newly Built Homes | 1 | $225,000 | 14 days |
| Homes with a Pool | 134 | $731,915 | 56 days |
| Reduced Price Homes | 37 | $664,118 | 52 days |
