Tempe Market Report

$597,510

AVERAGE PRICE OF 380 HOMES

$1,822,468

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$690,839

AVERAGE PRICE OF 118 HOMES WITH A POOL

$564,922

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $597,510
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $243,316
2 bedrooms $347,098
3 bedrooms $512,972
4 bedrooms $674,007
5 bedrooms $897,831
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 119 $556,075 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 380 $597,510 56 days
Multi-Million Dollar Homes 32 $1,822,468 82 days
Newly Built Homes 1 $930,000 31 days
Homes with a Pool 118 $690,839 48 days
Reduced Price Homes 18 $564,922 61 days
Omni
20 N Gilbert Rd, Ste B
Gilbert, AZ 85234

© 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 CINC Test Site - Product Team Account 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 22, 2024
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