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Tempe Market Report

$610,104

AVERAGE PRICE OF 521 HOMES

$524,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,985,286

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$800,028

AVERAGE PRICE OF 139 HOMES WITH A POOL

$486,424

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $610,104
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $297,045
2 bedrooms $327,561
3 bedrooms $493,243
4 bedrooms $703,974
5 bedrooms $1,182,730
Tempe Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 476 427 447 490 492
Average Price $606,275 $612,698 $591,376 $587,326 $591,618
Avg Price Change -1.06% +3.61% +0.69% -0.73% -1.82%
Median Price $481,328 $483,785 $486,946 $498,990 $508,002
Med Price Change -0.51% -0.65% -2.47% -1.81% -0.24%
Avg Bedrooms 2.78 beds 2.76 beds 2.77 beds 2.81 beds 2.79 beds
Avg Bathrooms 2.06 baths 2.05 baths 2.03 baths 2.06 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 165 $548,743 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 521 $610,104 69 days
Distressed Homes 1 $524,900 13 days
Multi-Million Dollar Homes 52 $1,985,286 118 days
Homes with a Pool 139 $800,028 62 days
Reduced Price Homes 40 $486,424 57 days
My Home Group
Rob Hale
1744 S Val Vista #206
Mesa, AZ 85204
480-845-0048

© 2025 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 Rob Hale - My Home Group 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. March 20, 2025
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