Tempe Market Report
$617,962
AVERAGE PRICE OF 601 HOMES$499,950
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,884,961
AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES$799,718
AVERAGE PRICE OF 176 HOMES WITH A POOL$504,560
AVERAGE PRICE OF 48 REDUCED PRICE HOMESAverage Home
| Average Price | $617,962 |
| Avg Bedrooms | 2.83 beds |
| Avg Bathrooms | 2.11 baths |
Average Price by Bedrooms
| 1 bedroom | $312,836 |
| 2 bedrooms | $328,174 |
| 3 bedrooms | $526,438 |
| 4 bedrooms | $691,096 |
| 5 bedrooms | $1,235,812 |
Tempe Home Price Trends
| 3/2025 | 2/2025 | 1/2025 | 12/2024 | 11/2024 | |
|---|---|---|---|---|---|
| Total Listings | 520 | 476 | 427 | 447 | 490 |
| Average Price | $606,272 | $606,275 | $612,698 | $591,376 | $587,326 |
| Avg Price Change | 0.00% | -1.06% | +3.61% | +0.69% | -0.73% |
| Median Price | $490,047 | $481,328 | $483,785 | $486,946 | $498,990 |
| Med Price Change | +1.81% | -0.51% | -0.65% | -2.47% | -1.81% |
| Avg Bedrooms | 2.78 beds | 2.78 beds | 2.76 beds | 2.77 beds | 2.81 beds |
| Avg Bathrooms | 2.07 baths | 2.06 baths | 2.05 baths | 2.03 baths | 2.06 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Tempe High School | 196 | $558,519 | 70 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 601 | $617,962 | 68 days |
| Distressed Homes | 1 | $499,950 | 51 days |
| Multi-Million Dollar Homes | 60 | $1,884,961 | 104 days |
| Homes with a Pool | 176 | $799,718 | 60 days |
| Reduced Price Homes | 48 | $504,560 | 67 days |
