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Tempe Home Values and Market Report

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Report prepared by ListingLaveen.com HomeSmart Premier
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Market at a glance

Over the last 12 months, homes sold for 97.2% of list price in 73 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $545K Sold · $532K
$650K$590K$530K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 148 sales in Apr. Last month: 78.

Where the market stands

All homes in this report, by status.

2,036homes
Active566 · 28%
Under contract100 · 5%
Sold (12 mo)1,370 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$509K
Under contract$651K
Sold$530K

Average days on market

Active97 days
Under contract66 days
Sold73 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 566
Average list price $509,477
Avg. days on market 97 days
Avg. price per ft² $307
Avg. living area 1,586 ft²
Avg. beds / baths 2.9 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 239 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

19 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

140 E Rio Salado Parkway Unit 1201$1,044
140 E Rio Salado Parkway Unit 1103$984
140 E Rio Salado Parkway Unit 1101$900
815 S Roosevelt Street$686
410 E Southern Avenue$590
12245 S 70th Street$511
1948 E Pegasus Drive$506

All active listings (566)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1656 E Bishop DriveTempe, AZ 85282 321,590$535,000$3360 days
582 W 6th StreetTempe, AZ 85281 231,520$560,000$3680 days
1055 W 5th Street Unit 19Tempe, AZ 85281 22984$275,000$2790 days
6507 S Kenneth Place Unit CTempe, AZ 85283 21858$259,900$3020 days
2401 W Southern Avenue Unit 136Tempe, AZ 85282 11700$39,900$575 days
1905 E University Drive Unit 251Tempe, AZ 85288 221,140$275,000$2412 days
425 W Rio Salado Parkway Unit 101Tempe, AZ 85281 221,048$479,900$4572 days
1451 E Chilton DriveTempe, AZ 85283 321,556$679,900$4363 days
5616 S Roosevelt StreetTempe, AZ 85283 321,426$350,000$2454 days
2106 S Pine StreetTempe, AZ 85282 321,052$399,000$3793 days
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Copyright 2026 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. 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.