Tempe Market Report
$606,775
AVERAGE PRICE OF 478 HOMES$419,350
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,001,784
AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES$894,500
AVERAGE PRICE OF 2 NEWLY BUILT HOMES$780,713
AVERAGE PRICE OF 137 HOMES WITH A POOL$691,104
AVERAGE PRICE OF 22 REDUCED PRICE HOMESAverage Home
| Average Price | $606,775 |
| Avg Bedrooms | 2.79 beds |
| Avg Bathrooms | 2.07 baths |
Average Price by Bedrooms
| 1 bedroom | $266,405 |
| 2 bedrooms | $327,890 |
| 3 bedrooms | $491,140 |
| 4 bedrooms | $686,788 |
| 5 bedrooms | $1,066,985 |
Tempe Home Price Trends
| 1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
|---|---|---|---|---|---|
| Total Listings | 427 | 447 | 490 | 492 | 435 |
| Average Price | $612,698 | $591,376 | $587,326 | $591,618 | $602,356 |
| Avg Price Change | +3.61% | +0.69% | -0.73% | -1.82% | -0.59% |
| Median Price | $483,785 | $486,946 | $498,990 | $508,002 | $509,209 |
| Med Price Change | -0.65% | -2.47% | -1.81% | -0.24% | -1.07% |
| Avg Bedrooms | 2.76 beds | 2.77 beds | 2.81 beds | 2.79 beds | 2.8 beds |
| Avg Bathrooms | 2.05 baths | 2.03 baths | 2.06 baths | 2.05 baths | 2.05 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Tempe High School | 140 | $557,622 | 89 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 478 | $606,775 | 75 days |
| Distressed Homes | 2 | $419,350 | 44 days |
| Multi-Million Dollar Homes | 46 | $2,001,784 | 109 days |
| Newly Built Homes | 2 | $894,500 | 34 days |
| Homes with a Pool | 137 | $780,713 | 57 days |
| Reduced Price Homes | 22 | $691,104 | 48 days |
