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Tempe

Why you'd want to live in Tempe

Tempe, Arizona is located southeast of Phoenix and is considered a major suburb of the larger city. Tempe was named after the Valley of Tempe near Mount Olympus in Greece. Arizona State University is located here, as is the head offices of US Airways. The city was the host of the Fiesta Bowl, although that event is scheduled to move in the future. The city holds a Tostitos Fiesta Bowl Block Party, which is known as one of the largest New Year's Eve parties in the country. Super Bowl XXX was held in Tempe, as were one of the 2004 Presidential debates. The city has a lively mixture of history, shopping, culture, dining, nightlife, sports, and special events to satisfy just about anyone. Fun in the sun is the name of the game in Tempe.

Tempe Market Report

$595,760

AVERAGE PRICE OF 379 HOMES

$1,837,937

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$690,673

AVERAGE PRICE OF 114 HOMES WITH A POOL

$548,788

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $595,760
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $273,580
2 bedrooms $349,333
3 bedrooms $501,845
4 bedrooms $670,552
5 bedrooms $903,620
Tempe Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 343 335 330 356 366
Average Price $594,638 $599,442 $595,083 $555,388 $565,272
Avg Price Change -0.81% +0.73% +7.15% -1.78% -2.27%
Median Price $523,688 $500,245 $496,130 $492,319 $485,017
Med Price Change +4.69% +0.83% +0.77% +1.51% -4.16%
Avg Bedrooms 2.82 beds 2.82 beds 2.85 beds 2.79 beds 2.75 beds
Avg Bathrooms 2.07 baths 2.03 baths 2.05 baths 1.99 baths 1.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 121 $542,582 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 379 $595,760 57 days
Multi-Million Dollar Homes 32 $1,837,937 79 days
Newly Built Homes 1 $930,000 28 days
Homes with a Pool 114 $690,673 51 days
Reduced Price Homes 26 $548,788 52 days
eXp Realty - H | M Home Team
Heather McDermott
16165 N 83rd Ave, Ste 200
Peoria, AZ 85382
602-810-8936

© 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 Heather McDermott - Heather McDermott - Long Realty | Uptown (Karen Coffey Coaching Client) 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. April 20, 2024
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