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Tempe

Why you'd want to live in Tempe

When you think of the Phoenix neighborhood of Tempe, the first thing that comes to mind might be “Sun Devils!” Yes, Tempe, AZ, is home to the Pac 12 school, Arizona State University, but there is so much more to living in Tempe. This small but charming town is packed with history and character. From fun nightlife, to the lush neighborhood streets, to some of the best brunch locations in Phoenix, Tempe has a lot to offer in The Valley of the Sun. ou can’t discuss the nightlife and entertainment scene in Tempe without mentioning Mill Avenue. Mill is the entertainment district of Tempe, and the heartbeat of this college town. As you might expect, you will see a lot of young adults and college kids around Mill, especially because it’s so accessible. On game days this area comes to life with Sun Devil pride. The walkability of this part of town makes for an easy after work pub crawl or a stroll in and out of a few shops. The light rail runs right through the area, so it’s easy to get to Mill Avenue without having to worry about parking or dealing with a car the next day if you plan to enjoy a drink. If you are looking for a great way to beat that Arizona heat, check out some of the museums in Tempe. Arizona State offers an interesting art museum, and there is of course plenty of fascinating American history to be discovered at the Tempe History Museum. If “feeling the history” is right down your alley, you simply must take a tour of the beautiful historic Niels Petersen House, a stunning Queen Anne style Tempe home constructed in 1892. As gorgeous as it is, it’s hard to imagine the original residents milling about in that lovely home with no air conditioning in the desert heat! via livinginphoenixaz.com

Tempe Market Report

$596,450

AVERAGE PRICE OF 383 HOMES

$1,822,468

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$930,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$693,382

AVERAGE PRICE OF 118 HOMES WITH A POOL

$572,733

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $596,450
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $243,316
2 bedrooms $346,327
3 bedrooms $510,778
4 bedrooms $679,129
5 bedrooms $917,266
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 $553,764 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 383 $596,450 57 days
Multi-Million Dollar Homes 32 $1,822,468 84 days
Newly Built Homes 1 $930,000 33 days
Homes with a Pool 118 $693,382 50 days
Reduced Price Homes 21 $572,733 71 days
Realty ONE Group Mountain Desert
602-750-9698


Jonathan Burgueno
1865 W. State Route 89A Suite D
Sedona, AZ 86336
928-282-3200

© 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 Reanna Buss - findprescottazhomes.com 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 23, 2024
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