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TEMPE, AZ 85284

Real Estate Market Report  ·  Maricopa County
Seller's Market
September 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 September 2026. Source: Realtor.com.

The TEMPE, AZ real estate market (85284) currently shows 48 active listings, with 15 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 46 days on market compared to 66 days last year.

The median listing price has fallen 19.8% year-over-year, from $849,900 to $681,225.

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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
48
⇩ 12.7% vs 55 last year
Pending
15
31% pending ratio
Median Price
$681,225
⇩ 19.8% vs $849,900 last year
Average Price
$952,493
⇩ 30.8% vs $1,377,194 last year
Days on Market
46
⇩ 30.3% vs 66 days last year

Price Per Square Foot

Median $/sqft
$324
⇧ 4.9% vs $309/sqft last year
Median Home Size
2,301 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 55 last year
  • Days on market: 46 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $681,225 (-19.8% YoY)
  • Average: $952,493 (-30.8% 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 September 2026, there are 48 active listings in TEMPE, AZ (zip code 85284), compared to 55 the prior year.

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

The median listing price in TEMPE, AZ 85284 is $681,225 as of September 2026, a 19.8% decrease from $849,900 the prior year.

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

Homes in TEMPE, AZ 85284 spend an average of 46 days on the market before going under contract, compared to 66 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 September 2026, TEMPE, AZ 85284 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 66 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 $13,625 compared to a typical 5% commission on the median listing price of $681,225. 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.