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Alta Mira Corona Del Sol Duskfire Estate La Colina Pheasant Ridge Raintree Sandahl Sunburst Farms Tally Ho Farms Warner Estates

TEMPE, AZ 85284

Real Estate Market Report  ·  Maricopa County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85284

Alta Mira · Corona Del Sol · Duskfire · Estate La Colina · Pheasant Ridge · Raintree · Sandahl · Sunburst Farms · Tally Ho Farms · Warner Estates

Market Analysis

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

The TEMPE, AZ real estate market (85284) currently shows 71 active listings, with 29 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 45 days last year.

The median listing price has fallen 15.7% year-over-year, from $874,500 to $737,450.

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: 19,150  ·  Density: 945.2/mi²  ·  Median household income: $147,500

Typical home value: $587,091  ·  Homeownership: 82.9%

Market Overview

Active Listings
71
⇧ 47.9% vs 48 last year
Pending
29
41% pending ratio
Median Price
$737,450
⇩ 15.7% vs $874,500 last year
Average Price
$955,748
⇩ 19.6% vs $1,188,466 last year
Days on Market
42
⇩ 6.7% vs 45 days last year

Price Per Square Foot

Median $/sqft
$314
⇩ 8.7% vs $344/sqft last year
Median Home Size
2,379 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 48 last year
  • Days on market: 42 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $737,450 (-15.7% YoY)
  • Average: $955,748 (-19.6% 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
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 10.8 miles — 1,727 listings ($992,006,770 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85284Tempe, AZ 852840.0 mi56$61,371,072$757,450$1,095,912
85224Chandler, AZ 852243.5 mi104$46,711,184$444,725$449,146
85282Tempe, AZ 852823.9 mi118$55,042,752$472,450$466,464
85202Mesa, AZ 852024.7 mi118$45,716,386$322,200$387,427
85225Chandler, AZ 852256.1 mi191$94,484,071$475,000$494,681
85281Tempe, AZ 852816.3 mi106$69,760,508$492,500$658,118
85042Phoenix, AZ 850426.8 mi156$93,076,464$500,000$596,644
85233Gilbert, AZ 852337.2 mi129$73,857,015$526,324$572,535
85201Mesa, AZ 852018.3 mi85$31,368,060$306,000$369,036
85257Scottsdale, AZ 852578.8 mi190$110,142,240$642,000$579,696
85248Chandler, AZ 852489.3 mi370$237,322,070$525,000$641,411
85045Phoenix, AZ 8504510.3 mi38$29,032,760$620,000$764,020
85203Mesa, AZ 8520310.8 mi66$44,122,188$584,500$668,518

Frequently Asked Questions

How many homes are for sale in TEMPE, AZ 85284?

As of March 2026, there are 71 active listings in TEMPE, AZ (zip code 85284), compared to 48 the prior year.

What is the median home price in TEMPE, AZ 85284?

The median listing price in TEMPE, AZ 85284 is $737,450 as of March 2026, a 15.7% decrease from $874,500 the prior year.

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

Homes in TEMPE, AZ 85284 spend an average of 42 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in TEMPE, AZ 85284?

Based on current inventory and days-on-market data as of March 2026, TEMPE, AZ 85284 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 45 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 85284 save an estimated $14,749 compared to a typical 5% commission on the median listing price of $737,450. 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.