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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

$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
Realty ONE Group Mountain Desert
Reanna Buss
928-301-5999
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Jonathan Burgueno
1865 W. State Route 89A Suite D
Sedona, AZ 86336
928-282-3200

© 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 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. December 3, 2023
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