Tempe Market Report
$588,472
AVERAGE PRICE OF 461 HOMES$350,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,980,332
AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES$1,901,250
AVERAGE PRICE OF 4 NEWLY BUILT HOMES$806,295
AVERAGE PRICE OF 132 HOMES WITH A POOL$426,974
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $588,472 |
| Avg Bedrooms | 2.77 beds |
| Avg Bathrooms | 2.02 baths |
Average Price by Bedrooms
| 1 bedroom | $250,044 |
| 2 bedrooms | $320,505 |
| 3 bedrooms | $492,704 |
| 4 bedrooms | $716,840 |
| 5 bedrooms | $1,103,437 |
Tempe Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 490 | 492 | 435 | 407 | 401 |
| Average Price | $587,326 | $591,618 | $602,356 | $605,880 | $594,357 |
| Avg Price Change | -0.73% | -1.82% | -0.59% | +1.94% | +0.33% |
| Median Price | $498,990 | $508,002 | $509,209 | $514,641 | $522,175 |
| Med Price Change | -1.81% | -0.24% | -1.07% | -1.46% | +0.23% |
| Avg Bedrooms | 2.81 beds | 2.79 beds | 2.8 beds | 2.75 beds | 2.76 beds |
| Avg Bathrooms | 2.06 baths | 2.05 baths | 2.05 baths | 2.04 baths | 2.04 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Tempe High School | 133 | $488,347 | 88 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 461 | $588,472 | 77 days |
| Distressed Homes | 1 | $350,000 | 5 days |
| Multi-Million Dollar Homes | 37 | $1,980,332 | 126 days |
| Newly Built Homes | 4 | $1,901,250 | 55 days |
| Homes with a Pool | 132 | $806,295 | 65 days |
| Reduced Price Homes | 25 | $426,974 | 76 days |
