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

$602,275

AVERAGE PRICE OF 342 HOMES

$1,855,283

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$2,350,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$696,028

AVERAGE PRICE OF 106 HOMES WITH A POOL

$584,731

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $602,275
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $301,614
2 bedrooms $301,667
3 bedrooms $496,948
4 bedrooms $612,897
5 bedrooms $973,811
Tempe Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 330 356 366 352 343
Average Price $595,083 $555,388 $565,272 $578,080 $585,550
Avg Price Change +7.15% -1.78% -2.27% -1.29% n/a
Median Price $496,130 $492,319 $485,017 $505,213 $515,500
Med Price Change +0.77% +1.51% -4.16% -2.04% n/a
Avg Bedrooms 2.85 beds 2.79 beds 2.75 beds 2.77 beds 2.77 beds
Avg Bathrooms 2.05 baths 1.99 baths 1.99 baths 2 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 90 $550,321 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 342 $602,275 58 days
Multi-Million Dollar Homes 35 $1,855,283 76 days
Newly Built Homes 1 $2,350,000 156 days
Homes with a Pool 106 $696,028 54 days
Reduced Price Homes 32 $584,731 50 days
My Home Group
My Home Group
8360 E Raintree Dr # 120,
Scottsdale, AZ 85260

© 2024 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. February 21, 2024
© 2024 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. February 21, 2024
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