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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

$522,523

AVERAGE PRICE OF 308 HOMES

$1,821,989

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$1,714,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$665,696

AVERAGE PRICE OF 98 HOMES WITH A POOL

$576,229

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $522,523
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $281,790
2 bedrooms $353,628
3 bedrooms $485,930
4 bedrooms $602,126
5 bedrooms $911,652
Tempe Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 281 267 262 279 282
Average Price $523,748 $560,005 $523,827 $523,658 $507,941
Avg Price Change -6.92% +6.91% +0.03% +3.09% +2.26%
Median Price $511,773 $517,344 $487,890 $485,600 $484,743
Med Price Change -1.09% +6.04% +0.47% +0.18% +4.00%
Avg Bedrooms 3.08 beds 3.12 beds 3.09 beds 3.09 beds 3.06 beds
Avg Bathrooms 2.15 baths 2.21 baths 2.18 baths 2.17 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Adult 14 $100,949 85 days
Corona Del Sol High School 28 $920,682 37 days
Marcos De Niza High School 59 $524,385 34 days
McClintock High School 79 $487,374 68 days
Tempe High School 104 $494,273 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 308 $522,523 53 days
Multi-Million Dollar Homes 9 $1,821,989 57 days
Newly Built Homes 2 $1,714,500 116 days
Homes with a Pool 98 $665,696 49 days
Reduced Price Homes 20 $576,229 68 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

© 2023 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 25, 2023
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