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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

$494,363

AVERAGE PRICE OF 468 HOMES

$514,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,242,529

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$426,666

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$600,305

AVERAGE PRICE OF 137 HOMES WITH A POOL

$459,932

AVERAGE PRICE OF 65 REDUCED PRICE HOMES

Average Home

Average Price $494,363
Avg Bedrooms 3.05 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $292,744
2 bedrooms $328,996
3 bedrooms $494,569
4 bedrooms $618,176
5 bedrooms $741,256
Tempe Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 491 458 n/a n/a n/a
Average Price $510,963 $526,193 n/a n/a n/a
Avg Price Change -2.98% n/a n/a n/a n/a
Median Price $486,331 $498,720 n/a n/a n/a
Med Price Change -2.55% n/a n/a n/a n/a
Avg Bedrooms 3.08 beds 3.12 beds n/a n/a n/a
Avg Bathrooms 2.11 baths 2.14 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Adult 17 $130,070 69 days
Corona Del Sol High School 35 $754,503 53 days
Marcos De Niza High School 111 $525,273 47 days
McClintock High School 138 $461,669 59 days
Tempe High School 136 $458,209 94 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 468 $494,363 66 days
Distressed Homes 2 $514,950 57 days
Multi-Million Dollar Homes 17 $1,242,529 49 days
Newly Built Homes 3 $426,666 7 days
Homes with a Pool 137 $600,305 52 days
Reduced Price Homes 65 $459,932 52 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

© 2022 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 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. September 27, 2022
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