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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

$593,880

AVERAGE PRICE OF 430 HOMES

$1,822,426

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$697,566

AVERAGE PRICE OF 125 HOMES WITH A POOL

$546,995

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $593,880
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $261,980
2 bedrooms $354,236
3 bedrooms $494,449
4 bedrooms $673,099
5 bedrooms $953,685
Tempe Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 423 373 343 335 330
Average Price $591,087 $597,817 $594,638 $599,442 $595,083
Avg Price Change -1.14% +0.53% -0.81% +0.73% +7.15%
Median Price $525,233 $524,663 $523,688 $500,245 $496,130
Med Price Change +0.11% +0.19% +4.69% +0.83% +0.77%
Avg Bedrooms 2.8 beds 2.78 beds 2.82 beds 2.82 beds 2.85 beds
Avg Bathrooms 2.09 baths 2.1 baths 2.07 baths 2.03 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 130 $511,744 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 430 $593,880 54 days
Multi-Million Dollar Homes 34 $1,822,426 90 days
Newly Built Homes 1 $930,000 86 days
Homes with a Pool 125 $697,566 46 days
Reduced Price Homes 37 $546,995 48 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

© 2024 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 Kala Laos - 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. June 15, 2024
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