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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

$559,933

AVERAGE PRICE OF 367 HOMES

$1,967,348

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$1,167,767

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$611,072

AVERAGE PRICE OF 101 HOMES WITH A POOL

$490,363

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $559,933
Avg Bedrooms 2.79 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $274,628
2 bedrooms $310,910
3 bedrooms $482,703
4 bedrooms $599,135
5 bedrooms $1,019,303
Tempe Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 366 352 343 n/a n/a
Average Price $565,272 $578,080 $585,550 n/a n/a
Avg Price Change -2.27% -1.29% n/a n/a n/a
Median Price $485,017 $505,213 $515,500 n/a n/a
Med Price Change -4.16% -2.04% n/a n/a n/a
Avg Bedrooms 2.75 beds 2.77 beds 2.77 beds n/a n/a
Avg Bathrooms 1.99 baths 2 baths 1.98 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Adult 19 $94,669 47 days
Corona Del Sol High School 30 $788,829 44 days
Marcos De Niza High School 60 $537,803 41 days
McClintock High School 92 $478,363 41 days
Tempe High School 117 $553,404 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 367 $559,933 44 days
Multi-Million Dollar Homes 23 $1,967,348 56 days
Newly Built Homes 3 $1,167,767 56 days
Homes with a Pool 101 $611,072 41 days
Reduced Price Homes 25 $490,363 46 days
eXp Realty - H | M Home Team
Heather McDermott
16165 N 83rd Ave, Ste 200
Peoria, AZ 85382
602-810-8936

© 2023 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. December 3, 2023
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