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City / Town Overview

Tempe, AZ

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
419
⇧ 33.9% vs 313 last year
Pending
79
19% pending ratio
Median Price
$512,667
⇩ 7.2% vs $552,273 last year
Average Price
$589,856
⇩ 7.1% vs $635,276 last year
Days on Market
70.3
⇧ 9.5% vs 64 days last year

Market Analysis

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

The Tempe, AZ real estate market currently shows 419 active listings, with 79 pending sales. Homes are averaging 70.3 days on the market before going under contract.

Inventory has increased compared to last year, with 106 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 70.3 days on market compared to 64.2 days last year.

The median listing price has fallen 7.2% year-over-year, from $552,273 to $512,667.

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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Included Areas

Tempe: 85280, 85281, 85282, 85283, 85284, 85285, 85287, 85288

Market Context

ZIP coverage: 8  ·  Population: 186,340  ·  Median household income: $75,103

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

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings