Call or Text (240) SELL-123
City / Town Overview

Tempe, AZ

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

Market Analysis

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

The Tempe, AZ real estate market currently shows 519 active listings, with 157 pending sales. Homes are averaging 44.9 days on the market before going under contract.

Inventory has increased compared to last year, with 125 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44.9 days on market compared to 46.4 days last year.

The median listing price has fallen 6.6% year-over-year, from $549,310 to $512,801.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Tempe, AZ and connect with motivated buyers & sellers.
Contact SELL123.com →

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, 85281, 85285

Peterson: 85282, 85283, 85288

Raintree Luxury Homes: 85284

Tempe Junction: 85287

Area Map

Market Overview

Active Listings
519
⇧ 31.7% vs 394 last year
Pending
157
30% pending ratio
Median Price
$512,801
⇩ 6.6% vs $549,310 last year
Average Price
$586,737
⇩ 3.7% vs $609,036 last year
Days on Market
44.9
⇩ 3.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$320
⇧ 0.1% vs $319/sqft last year
Median Home Size
1,550 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 %