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City / Town Overview

Tempe, AZ

Aggregate real estate market report across all ZIPs in scope
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Tempe, AZ real estate market currently shows 522 active listings, with 128 pending sales. Homes are averaging 54.8 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are selling faster, averaging 54.8 days on market compared to 55.1 days last year.

The median listing price has fallen 5.5% year-over-year, from $528,835 to $499,802.

Whether you are buying or selling in Tempe, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 186,340  ·  Density: 1,843.7/mi²  ·  Median household income: $75,103

Typical home value: $368,398  ·  Homeownership: 41.1%

Included Areas

Tempe: 85280, 85283, 85285, 85287

Peterson: 85282, 85288

Tempe Junction: 85281

Raintree Luxury Homes: 85284

Area Map

Market Overview

Active Listings
522
⇧ 7.4% vs 486 last year
Pending
128
25% pending ratio
Median Price
$499,802
⇩ 5.5% vs $528,835 last year
Average Price
$557,668
⇩ 3.7% vs $579,215 last year
Days on Market
54.8
⇩ 0.5% vs 55 days last year

Price Per Square Foot

Median $/sqft
$319
⇧ 0.6% vs $317/sqft last year
Median Home Size
1,538 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %