If you need assistance, please call 602-750-9698

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

$610,338

AVERAGE PRICE OF 430 HOMES

$419,350

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,071,793

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$2,690,000

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$848,870

AVERAGE PRICE OF 112 HOMES WITH A POOL

$465,576

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $610,338
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $220,157
2 bedrooms $316,074
3 bedrooms $478,057
4 bedrooms $728,839
5 bedrooms $1,186,982
Tempe Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 447 490 492 435 407
Average Price $591,376 $587,326 $591,618 $602,356 $605,880
Avg Price Change +0.69% -0.73% -1.82% -0.59% +1.94%
Median Price $486,946 $498,990 $508,002 $509,209 $514,641
Med Price Change -2.47% -1.81% -0.24% -1.07% -1.46%
Avg Bedrooms 2.77 beds 2.81 beds 2.79 beds 2.8 beds 2.75 beds
Avg Bathrooms 2.03 baths 2.06 baths 2.05 baths 2.05 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 145 $511,841 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 430 $610,338 77 days
Distressed Homes 2 $419,350 29 days
Multi-Million Dollar Homes 43 $2,071,793 106 days
Newly Built Homes 3 $2,690,000 62 days
Homes with a Pool 112 $848,870 66 days
Reduced Price Homes 27 $465,576 67 days
Realty ONE Group Mountain Desert
602-750-9698


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

© 2025 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. January 17, 2025
This site powered by CINC: www.cincpro.com