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Data as of September 2026. Source: Realtor.com.
The TEMPE, AZ real estate market (85281) currently shows 141 active listings, with 11 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 74 days on market compared to 73 days last year.
The median listing price has fallen 12% year-over-year, from $499,000 to $439,225.
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 September 2026, there are 141 active listings in TEMPE, AZ (zip code 85281), compared to 84 the prior year.
The median listing price in TEMPE, AZ 85281 is $439,225 as of September 2026, a 12% decrease from $499,000 the prior year.
Homes in TEMPE, AZ 85281 spend an average of 74 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of September 2026, TEMPE, AZ 85281 is currently a Buyer's Market. Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in TEMPE, AZ 85281 save an estimated $8,785 compared to a typical 5% commission on the median listing price of $439,225. 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.