Tempe

Why you'd want to live in Tempe

Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. You’ll find locally-owned eateries and microbreweries, annual festivals, arts and cultural events. And plenty of opportunities to enjoy over 300 days of sunshine a year on a bike, hiking trail or stand-up paddle board! While ASU might be what most people know Tempe for, the City has a wide degree of affordable neighborhood and lifestyle options. In South Tempe you can find Multimillion dollar Custom homes sitting on a Waterfront lot to even having a Airport hanger as part of the community. Corona Del Sol is ranked one of the top High Schools in Arizona repeatedly over the past 10 years.

Tempe Market Report

$480,000

AVERAGE PRICE OF 317 HOMES

$220,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,382,980

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$639,384

AVERAGE PRICE OF 92 HOMES WITH A POOL

$438,387

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $480,000
Avg Bedrooms 3 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $284,744
2 bedrooms $337,514
3 bedrooms $465,147
4 bedrooms $620,756
5 bedrooms $850,190
Tempe Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 326 364 412 441 490
Average Price $478,685 $489,900 $493,888 $494,584 $496,953
Avg Price Change -2.34% -0.81% -0.14% -0.48% -2.82%
Median Price $457,539 $460,994 $455,635 $462,095 $476,409
Med Price Change -0.76% +1.18% -1.42% -3.10% -2.08%
Avg Bedrooms 3 beds 3.03 beds 3.07 beds 3.06 beds 3.06 beds
Avg Bathrooms 2.05 baths 2.07 baths 2.27 baths 2.46 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Adult 19 $111,723 127 days
Corona Del Sol High School 21 $895,385 69 days
Marcos De Niza High School 63 $492,836 84 days
McClintock High School 84 $433,439 79 days
Tempe High School 110 $474,221 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 317 $480,000 95 days
Distressed Homes 1 $220,000 1 day
Multi-Million Dollar Homes 10 $1,382,980 68 days
Homes with a Pool 92 $639,384 73 days
Reduced Price Homes 24 $438,387 67 days
My Home Group
My Home Group
8360 E Raintree Dr # 120,
Scottsdale, AZ 85260

© 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 Stunning Homes 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. February 4, 2023
© 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 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. February 4, 2023
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