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Tempe Junction

TEMPE, AZ 85281

Real Estate Market Report  ·  Maricopa County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
93
⇧ 27.4% vs 73 last year
Pending
13
14% pending ratio
Median Price
$479,950
⇧ 1% vs $475,000 last year
Average Price
$579,468
⇧ 7.6% vs $538,753 last year
Days on Market
75
⇧ 5.6% vs 71 days last year

Market Context

Population: 68,623  ·  Density: 1,994.6/mi²  ·  Median household income: $55,572

Typical home value: $330,254  ·  Homeownership: 21.6%

Market Analysis

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

The TEMPE, AZ real estate market (85281) currently shows 93 active listings, with 13 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 75 days on market compared to 71 days last year.

The median listing price has risen 1% year-over-year, from $475,000 to $479,950.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 73 last year
  • Days on market: 75 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $479,950 (+1% YoY)
  • Average: $579,468 (+7.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.6 miles — 1,580 listings ($3,116,227,466 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85281Tempe, AZ 852810.0 mi93$53,890,524$479,950$579,468
85257Scottsdale, AZ 852572.6 mi192$112,714,368$640,000$587,054
85008Phoenix, AZ 850084.0 mi106$51,672,032$399,999$487,472
85202Mesa, AZ 852024.5 mi98$38,336,228$334,777$391,186
85201Mesa, AZ 852014.8 mi82$31,522,850$349,000$384,425
85040Phoenix, AZ 850405.7 mi59$21,554,942$354,500$365,338
85284Tempe, AZ 852846.3 mi54$61,213,968$790,000$1,133,592
85018Phoenix, AZ 850187.2 mi285$584,796,630$1,150,000$2,051,918
85044Phoenix, AZ 850447.5 mi136$76,164,080$475,000$560,030
85224Chandler, AZ 852247.9 mi96$48,756,960$459,900$507,885
85001Phoenix, AZ 850018.1 mi2$5,558,000$2,779,000$2,779,000
85253Paradise Valley, AZ 852538.2 mi296$1,995,077,888$5,500,000$6,740,128
85204Mesa, AZ 852048.6 mi81$34,968,996$415,000$431,716

Frequently Asked Questions

How many homes are for sale in TEMPE, AZ 85281?

As of January 2026, there are 93 active listings in TEMPE, AZ (zip code 85281), compared to 73 the prior year.

What is the median home price in TEMPE, AZ 85281?

The median listing price in TEMPE, AZ 85281 is $479,950 as of January 2026, a 1% increase from $475,000 the prior year.

How long do homes stay on the market in TEMPE, AZ?

Homes in TEMPE, AZ 85281 spend an average of 75 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in TEMPE, AZ 85281?

Based on current inventory and days-on-market data as of January 2026, TEMPE, AZ 85281 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 71 days last year.

How much can I save on real estate commission in TEMPE, AZ?

With SELL123.com's maximum 3% commission, sellers in TEMPE, AZ 85281 save an estimated $9,599 compared to a typical 5% commission on the median listing price of $479,950. 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.