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Tempe

Why you'd want to live in Tempe

Tempe also known as Hayden's Ferry during the territorial times of Arizona, is a city in Maricopa County, Arizona, United States, with the Census Bureau reporting a 2010 population of 161,719. The city is named after the Vale of Tempe in Greece. Tempe is located in the East Valley section of metropolitan Phoenix; it is bordered by Phoenix and Guadalupe on the west, Scottsdale on the north, Chandler on the south, and Mesa on the east. Tempe is also the location of the main campus of Arizona State University.

Tempe Market Report

$596,217

AVERAGE PRICE OF 421 HOMES

$499,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,780,128

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$700,597

AVERAGE PRICE OF 124 HOMES WITH A POOL

$534,724

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $596,217
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $250,043
2 bedrooms $360,511
3 bedrooms $504,358
4 bedrooms $665,843
5 bedrooms $941,071
Tempe Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 373 343 335 330 356
Average Price $597,817 $594,638 $599,442 $595,083 $555,388
Avg Price Change +0.53% -0.81% +0.73% +7.15% -1.78%
Median Price $524,663 $523,688 $500,245 $496,130 $492,319
Med Price Change +0.19% +4.69% +0.83% +0.77% +1.51%
Avg Bedrooms 2.78 beds 2.82 beds 2.82 beds 2.85 beds 2.79 beds
Avg Bathrooms 2.1 baths 2.07 baths 2.03 baths 2.05 baths 1.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 139 $516,280 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 421 $596,217 54 days
Distressed Homes 1 $499,000 8 days
Multi-Million Dollar Homes 35 $1,780,128 88 days
Newly Built Homes 1 $930,000 70 days
Homes with a Pool 124 $700,597 51 days
Reduced Price Homes 23 $534,724 51 days
JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500
Michele Walker
Sr. Loan Originator
NMLS# 821145 | AZ MLO #0929746
BK 0018295 | Corp NMLS #2973
This is not a commitment to lend or extend credit.
michele.walker@wvmb.com
Phone: 573-355-7431
Fax: 480-393-1871

© 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 Kala Laos - JK Realty 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. May 30, 2024
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