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 HOMES

Average 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
My Home Group
Ashley Bullock 480-266-4537
1744 South Val Vista Drive
Unit 206
Mesa, AZ 85204

© 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 Ashley Bullock - My Home Group 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. April 26, 2025
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