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Data as of July 2026. Source: Realtor.com.
The TEMPE, AZ real estate market (85281) currently shows 145 active listings, with 22 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has increased compared to last year, with 54 more homes available — giving buyers more choice.
Homes are selling faster, averaging 56 days on market compared to 68 days last year.
The median listing price has fallen 9.8% year-over-year, from $499,000 to $449,950.
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.
Population: 68,623 · Density: 1,994.6/mi² · Median household income: $55,572
Typical home value: $330,254 · Homeownership: 21.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 85281 | Tempe, AZ 85281 | 0.0 mi | 106 | $69,760,508 | $492,500 | $658,118 |
| 85257 | Scottsdale, AZ 85257 | 2.6 mi | 190 | $110,142,240 | $642,000 | $579,696 |
| 85008 | Phoenix, AZ 85008 | 4.0 mi | 111 | $56,050,338 | $399,000 | $504,958 |
| 85202 | Mesa, AZ 85202 | 4.5 mi | 118 | $45,716,386 | $322,200 | $387,427 |
| 85201 | Mesa, AZ 85201 | 4.8 mi | 85 | $31,368,060 | $306,000 | $369,036 |
| 85040 | Phoenix, AZ 85040 | 5.7 mi | 59 | $21,379,889 | $347,000 | $362,371 |
| 85284 | Tempe, AZ 85284 | 6.3 mi | 56 | $61,371,072 | $757,450 | $1,095,912 |
| 85018 | Phoenix, AZ 85018 | 7.2 mi | 311 | $648,009,241 | $1,100,000 | $2,083,631 |
| 85044 | Phoenix, AZ 85044 | 7.5 mi | 158 | $90,968,658 | $450,000 | $575,751 |
| 85224 | Chandler, AZ 85224 | 7.9 mi | 104 | $46,711,184 | $444,725 | $449,146 |
| 85001 | Phoenix, AZ 85001 | 8.1 mi | 3 | $4,748,985 | $1,582,995 | $1,582,995 |
| 85253 | Paradise Valley, AZ 85253 | 8.2 mi | 338 | $2,230,584,018 | $5,256,250 | $6,599,361 |
| 85204 | Mesa, AZ 85204 | 8.6 mi | 86 | $39,416,552 | $429,950 | $458,332 |
As of July 2026, there are 145 active listings in TEMPE, AZ (zip code 85281), compared to 91 the prior year.
The median listing price in TEMPE, AZ 85281 is $449,950 as of July 2026, a 9.8% decrease from $499,000 the prior year.
Homes in TEMPE, AZ 85281 spend an average of 56 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of July 2026, TEMPE, AZ 85281 is currently a Balanced Market. Inventory has increased compared to last year, with 54 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in TEMPE, AZ 85281 save an estimated $8,999 compared to a typical 5% commission on the median listing price of $449,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.