Tempe

Why you'd want to live in Tempe

Tempe, AZ, nestled in Maricopa County, exudes urban vibrancy and youthful energy. Its real estate market offers a diverse array of options, from modern condos to historic homes, catering to various lifestyles. Boasting proximity to Arizona State University, Tempe attracts students, professors, and professionals alike, creating a dynamic cultural landscape. The city's vibrant downtown is dotted with trendy eateries, eclectic shops, and entertainment venues, making it a hotspot for residents and visitors alike. With scenic views of Tempe Town Lake and a plethora of outdoor recreational activities, Tempe promises an active lifestyle immersed in natural beauty. The community thrives with top-rated schools, parks, and cultural attractions, fostering a family-friendly environment. With a growing economy and development projects, Tempe presents promising investment opportunities for real estate enthusiasts. Experience the essence of Arizona living in Tempe, where urban excitement meets suburban comfort, creating an enticing destination for homebuyers and investors seeking a blend of culture, convenience, and opportunity.

Tempe AZ real estate housing market urban living Arizona State University downtown condos family-friendly neighborhoods Tempe Town Lake outdoor recreation cultural attractions investment opportunities Maricopa County

Tempe Market Report

$590,572

AVERAGE PRICE OF 427 HOMES

$1,960,242

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$681,292

AVERAGE PRICE OF 126 HOMES WITH A POOL

$540,248

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $590,572
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $241,241
2 bedrooms $347,172
3 bedrooms $492,639
4 bedrooms $666,201
5 bedrooms $932,877
Tempe Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 423 373 343 335 330
Average Price $591,087 $597,817 $594,638 $599,442 $595,083
Avg Price Change -1.14% +0.53% -0.81% +0.73% +7.15%
Median Price $525,233 $524,663 $523,688 $500,245 $496,130
Med Price Change +0.11% +0.19% +4.69% +0.83% +0.77%
Avg Bedrooms 2.8 beds 2.78 beds 2.82 beds 2.82 beds 2.85 beds
Avg Bathrooms 2.09 baths 2.1 baths 2.07 baths 2.03 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 122 $498,787 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 427 $590,572 55 days
Multi-Million Dollar Homes 31 $1,960,242 93 days
Newly Built Homes 1 $930,000 92 days
Homes with a Pool 126 $681,292 47 days
Reduced Price Homes 45 $540,248 51 days
AZ Dream Home Search
21321 E Ocotillo RD Suite 113
Queen Creek, AZ 85142
Designated Broker/ Owner Steven Halen
480-253-0071
steve@azdreamhomesearch.com


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© 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 Steve Halen - R&S Premier Properties 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. June 22, 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Steve Halen - R&S Premier Properties are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
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