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

$612,144

AVERAGE PRICE OF 432 HOMES

$419,350

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,069,490

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$2,690,000

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$848,101

AVERAGE PRICE OF 113 HOMES WITH A POOL

$443,343

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $612,144
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $219,947
2 bedrooms $316,162
3 bedrooms $482,608
4 bedrooms $730,146
5 bedrooms $1,186,982
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 143 $514,685 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 432 $612,144 77 days
Distressed Homes 2 $419,350 31 days
Multi-Million Dollar Homes 43 $2,069,490 107 days
Newly Built Homes 3 $2,690,000 64 days
Homes with a Pool 113 $848,101 66 days
Reduced Price Homes 23 $443,343 60 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. January 19, 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. January 19, 2025
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