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Baseline-Hardy Brentwood-Cavalier Broadmor Broadway Palms Cyprus Southwest Date Palm Manor Evergreen Hughes Acres Knoell Gardens Kyrene-Superstition MACH 8 McClintock McClintock Manor Meyer Park Peterson Park Rural-Geneva Shalimar Superstition Tempe Gardens University Estates

TEMPE, AZ 85282

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

Neighborhoods in ZIP 85282

Baseline-Hardy · Brentwood-Cavalier · Broadmor · Broadway Palms · Cyprus Southwest · Date Palm Manor · Evergreen · Hughes Acres · Knoell Gardens · Kyrene-Superstition · MACH 8 · McClintock · McClintock Manor · Meyer Park · Peterson Park · Rural-Geneva · Shalimar · Superstition · Tempe Gardens · University Estates

Market Analysis

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

The TEMPE, AZ real estate market (85282) currently shows 131 active listings, with 39 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 37 days last year.

The median listing price has fallen 8.5% year-over-year, from $515,000 to $471,200.

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 Context

Market Context

Population: 52,828  ·  Density: 1,838.1/mi²  ·  Median household income: $72,895

Typical home value: $343,064  ·  Homeownership: 45.8%

Market Overview

Active Listings
131
⇧ 3.1% vs 127 last year
Pending
39
30% pending ratio
Median Price
$471,200
⇩ 8.5% vs $515,000 last year
Average Price
$456,631
⇩ 11.7% vs $517,283 last year
Days on Market
45
⇧ 21.6% vs 37 days last year

Price Per Square Foot

Median $/sqft
$298
⇩ 4.2% vs $311/sqft last year
Median Home Size
1,553 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 131 this year vs 127 last year
  • Days on market: 45 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $471,200 (-8.5% YoY)
  • Average: $456,631 (-11.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.0 miles — 1,674 listings ($1,230,503,003 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85282Tempe, AZ 852820.0 mi118$55,042,752$472,450$466,464
85283Tempe, AZ 852832.1 mi117$60,581,079$499,900$517,787
85202Mesa, AZ 852023.4 mi118$45,716,386$322,200$387,427
85257Scottsdale, AZ 852574.9 mi190$110,142,240$642,000$579,696
85040Phoenix, AZ 850405.5 mi59$21,379,889$347,000$362,371
85044Phoenix, AZ 850445.7 mi158$90,968,658$450,000$575,751
85034Phoenix, AZ 850345.8 mi10$5,685,400$426,975$568,540
85251Scottsdale, AZ 852516.9 mi542$630,307,518$632,500$1,162,929
85233Gilbert, AZ 852337.6 mi129$73,857,015$526,324$572,535
85006Phoenix, AZ 850068.3 mi71$37,346,710$495,750$526,010
85203Mesa, AZ 852038.3 mi66$44,122,188$584,500$668,518
85001Phoenix, AZ 850018.8 mi3$4,748,985$1,582,995$1,582,995
85226Chandler, AZ 852269.0 mi93$50,604,183$532,448$544,131

Frequently Asked Questions

How many homes are for sale in TEMPE, AZ 85282?

As of March 2026, there are 131 active listings in TEMPE, AZ (zip code 85282), compared to 127 the prior year.

What is the median home price in TEMPE, AZ 85282?

The median listing price in TEMPE, AZ 85282 is $471,200 as of March 2026, a 8.5% decrease from $515,000 the prior year.

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

Homes in TEMPE, AZ 85282 spend an average of 45 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in TEMPE, AZ 85282?

Based on current inventory and days-on-market data as of March 2026, TEMPE, AZ 85282 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 37 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 85282 save an estimated $9,424 compared to a typical 5% commission on the median listing price of $471,200. 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.