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Tempe Home Values and Market Report

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Report prepared by Levendirealty.com Pro Star Realty
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Market at a glance

Over the last 12 months, homes sold for 97.2% of list price in 73 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $536K Sold · $520K
$650K$590K$530K$470K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 148 sales in Apr. Last month: 104.

Where the market stands

All homes in this report, by status.

2,039homes
Active565 · 28%
Under contract94 · 5%
Sold (12 mo)1,380 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$519K
Under contract$620K
Sold$530K

Average days on market

Active94 days
Under contract59 days
Sold73 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 565
Average list price $518,621
Avg. days on market 94 days
Avg. price per ft² $310
Avg. living area 1,590 ft²
Avg. beds / baths 2.9 / 2.2

Charts and listings below cover the 250 highest-priced of 565 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

23 homes didn’t report living area and aren’t shown.

5 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 222 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

16 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

2214 S Granada Drive Unit B$2,307
140 E Rio Salado Parkway Unit 1201$1,044
140 E Rio Salado Parkway Unit 1103$984
140 E Rio Salado Parkway Unit 1101$900
140 E Rio Salado Parkway Unit 1205$886
421 W 5th Street$790
815 S Roosevelt Street$686

Active listings (250 of 565)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
140 E Rio Salado Parkway Unit 1205Tempe, AZ 85281 345,186$4,595,000$886377 days
140 E Rio Salado Parkway Unit 1201Tempe, AZ 85281 453,783$3,950,000$1,04420 days
12245 S 70th StreetTempe, AZ 85284 566,449$3,299,900$51114 days
140 E Rio Salado Parkway Unit 1103Tempe, AZ 85281 332,945$2,900,000$98420 days
1001 E Caroline LaneTempe, AZ 85284 689,031$2,899,000$32128 days
530 W Broadway RoadTempe, AZ 85282 ——8,119$2,450,000$3015 days
2002 E Caroline LaneTempe, AZ 85284 534,400$1,999,000$454192 days
63 W 13th Street Unit 63 & 69Tempe, AZ 85281 ———$1,950,000—23 days
2205 S Mill AvenueTempe, AZ 85282 118—$1,899,000—31 days
1071 E Sandpiper DriveTempe, AZ 85283 555,052$1,695,000$33569 days
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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.