Tempe

Why you'd want to live in Tempe

Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. You’ll find locally-owned eateries and microbreweries, annual festivals, arts and cultural events. And plenty of opportunities to enjoy over 300 days of sunshine a year on a bike, hiking trail or stand-up paddle board! While ASU might be what most people know Tempe for, the City has a wide degree of affordable neighborhood and lifestyle options. In South Tempe you can find Multimillion dollar Custom homes sitting on a Waterfront lot to even having a Airport hanger as part of the community. Corona Del Sol is ranked one of the top High Schools in Arizona repeatedly over the past 10 years.

Tempe Market Report

$600,893

AVERAGE PRICE OF 605 HOMES

$464,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,895,817

AVERAGE PRICE OF 54 MULTI-MILLION DOLLAR HOMES

$917,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$747,037

AVERAGE PRICE OF 181 HOMES WITH A POOL

$665,975

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $600,893
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $299,631
2 bedrooms $332,334
3 bedrooms $506,341
4 bedrooms $675,253
5 bedrooms $976,622
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 207 $549,027 81 days
Total Homes Average Price Avg Days on Site
All Homes 605 $600,893 77 days
Distressed Homes 1 $464,900 104 days
Multi-Million Dollar Homes 54 $1,895,817 104 days
Newly Built Homes 2 $917,500 19 days
Homes with a Pool 181 $747,037 66 days
Reduced Price Homes 46 $665,975 56 days
Ryan Nager Group
My Home Group
8360 E Raintree Dr # 120,
Scottsdale, AZ 85260

© 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 Stunning Homes Realty 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. June 18, 2025
© 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 Ryan Nager - Stunning Homes Realty 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. June 18, 2025
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