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Bell De Mar Crossing Camelot Village Dava-Lakeshore Kiwanis Park Optimist Park Pepperwood Scudder Park West Tempe Royal Estates The Pointe at South Mountain Wood Park

TEMPE, AZ 85283

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85283

Bell De Mar Crossing · Camelot Village · Dava-Lakeshore · Kiwanis Park · Optimist Park · Pepperwood · Scudder Park West · Tempe Royal Estates · The Pointe at South Mountain · Wood Park

Market Analysis

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

The TEMPE, AZ real estate market (85283) currently shows 143 active listings, with 29 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 59 days last year.

The median listing price has fallen 4.3% year-over-year, from $538,500 to $515,500.

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Market Context

Market Context

Population: 45,739  ·  Density: 2,000.1/mi²  ·  Median household income: $76,645

Typical home value: $363,324  ·  Homeownership: 47.4%

Market Overview

Active Listings
143
⇧ 50.5% vs 95 last year
Pending
29
20% pending ratio
Median Price
$515,500
⇩ 4.3% vs $538,500 last year
Average Price
$527,752
⇩ 5.4% vs $557,659 last year
Days on Market
57
⇩ 3.4% vs 59 days last year

Price Per Square Foot

Median $/sqft
$300
⇧ 0.7% vs $298/sqft last year
Median Home Size
1,715 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 143 this year vs 95 last year
  • Days on market: 57 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $515,500 (-4.3% YoY)
  • Average: $527,752 (-5.4% 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 9.8 miles — 1,263 listings ($728,258,594 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85283Tempe, AZ 852830.0 mi117$60,581,079$499,900$517,787
85284Tempe, AZ 852841.9 mi56$61,371,072$757,450$1,095,912
85202Mesa, AZ 852023.5 mi118$45,716,386$322,200$387,427
85281Tempe, AZ 852814.4 mi106$69,760,508$492,500$658,118
85210Mesa, AZ 852105.4 mi75$26,577,450$334,750$354,366
85225Chandler, AZ 852256.6 mi191$94,484,071$475,000$494,681
85042Phoenix, AZ 850426.8 mi156$93,076,464$500,000$596,644
85226Chandler, AZ 852266.9 mi93$50,604,183$532,448$544,131
85034Phoenix, AZ 850347.0 mi10$5,685,400$426,975$568,540
85008Phoenix, AZ 850087.5 mi111$56,050,338$399,000$504,958
85286Chandler, AZ 852868.7 mi161$115,480,470$651,200$717,270
85203Mesa, AZ 852039.4 mi66$44,122,188$584,500$668,518
85001Phoenix, AZ 850019.8 mi3$4,748,985$1,582,995$1,582,995

Frequently Asked Questions

How many homes are for sale in TEMPE, AZ 85283?

As of September 2026, there are 143 active listings in TEMPE, AZ (zip code 85283), compared to 95 the prior year.

What is the median home price in TEMPE, AZ 85283?

The median listing price in TEMPE, AZ 85283 is $515,500 as of September 2026, a 4.3% decrease from $538,500 the prior year.

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

Homes in TEMPE, AZ 85283 spend an average of 57 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in TEMPE, AZ 85283?

Based on current inventory and days-on-market data as of September 2026, TEMPE, AZ 85283 is currently a Balanced Market. Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 59 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 85283 save an estimated $10,310 compared to a typical 5% commission on the median listing price of $515,500. 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.