Tempe Market Report
$587,257
AVERAGE PRICE OF 468 HOMES$350,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,980,332
AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES$1,901,250
AVERAGE PRICE OF 4 NEWLY BUILT HOMES$806,295
AVERAGE PRICE OF 132 HOMES WITH A POOL$426,974
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $587,257 |
| Avg Bedrooms | 2.77 beds |
| Avg Bathrooms | 2.03 baths |
Average Price by Bedrooms
| 1 bedroom | $260,756 |
| 2 bedrooms | $321,082 |
| 3 bedrooms | $493,137 |
| 4 bedrooms | $712,811 |
| 5 bedrooms | $1,090,810 |
Tempe Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 490 | 492 | 435 | 407 | 401 |
| Average Price | $587,326 | $591,618 | $602,356 | $605,880 | $594,357 |
| Avg Price Change | -0.73% | -1.82% | -0.59% | +1.94% | +0.33% |
| Median Price | $498,990 | $508,002 | $509,209 | $514,641 | $522,175 |
| Med Price Change | -1.81% | -0.24% | -1.07% | -1.46% | +0.23% |
| Avg Bedrooms | 2.81 beds | 2.79 beds | 2.8 beds | 2.75 beds | 2.76 beds |
| Avg Bathrooms | 2.06 baths | 2.05 baths | 2.05 baths | 2.04 baths | 2.04 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Tempe High School | 136 | $489,038 | 86 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 468 | $587,257 | 76 days |
| Distressed Homes | 1 | $350,000 | 4 days |
| Multi-Million Dollar Homes | 37 | $1,980,332 | 125 days |
| Newly Built Homes | 4 | $1,901,250 | 54 days |
| Homes with a Pool | 132 | $806,295 | 64 days |
| Reduced Price Homes | 25 | $426,974 | 75 days |
