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Tempe Home Values and Market Report

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Report prepared by Mirandathin-realgeeks.com

Market at a glance

Over the last 12 months, homes sold for 97.2% of list price in 73 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $545K Sold · $532K
$650K$590K$530K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 148 sales in Apr. Last month: 78.

Where the market stands

All homes in this report, by status.

2,033homes
Active565 · 28%
Under contract103 · 5%
Sold (12 mo)1,365 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$511K
Under contract$647K
Sold$530K

Average days on market

Active98 days
Under contract66 days
Sold73 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 565
Average list price $511,479
Avg. days on market 98 days
Avg. price per ft² $307
Avg. living area 1,591 ft²
Avg. beds / baths 2.9 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

8 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 238 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

19 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

140 E Rio Salado Parkway Unit 1201$1,044
140 E Rio Salado Parkway Unit 1103$984
140 E Rio Salado Parkway Unit 1101$900
815 S Roosevelt Street$686
410 E Southern Avenue$590
12245 S 70th Street$511
1948 E Pegasus Drive$506

All active listings (565)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1906 E Belmont DriveTempe, AZ 85284 321,624$667,000$4103 days
2089 E Greenway DriveTempe, AZ 85282 321,548$465,000$3002 days
1155 E Malibu DriveTempe, AZ 85282 422,149$725,000$3371 day
1349 W 12th StreetTempe, AZ 85281 421,833$569,900$3102 days
1273 W La Jolla DriveTempe, AZ 85282 542,200$599,000$2721 day
1313 W 3rd StreetTempe, AZ 85281 64—$750,000—1 day
60 E Calle De Arcos --Tempe, AZ 85284 321,794$425,000$2363 days
2033 E Hermosa DriveTempe, AZ 85282 422,078$609,900$2935 days
7118 S La Rosa DriveTempe, AZ 85283 322,104$389,000$1843 days
1656 E Bishop DriveTempe, AZ 85282 321,590$535,000$3363 days
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Copyright 2026 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. 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.