If you need assistance, please call 480-733-8500

Tempe Market Report

$478,117

AVERAGE PRICE OF 435 HOMES

$1,431,060

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$320,684

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$633,436

AVERAGE PRICE OF 124 HOMES WITH A POOL

$429,326

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $478,117
Avg Bedrooms 3.07 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $218,545
2 bedrooms $359,283
3 bedrooms $453,446
4 bedrooms $556,364
5 bedrooms $808,125
Tempe Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 406 389 359 356 352
Average Price $464,911 $468,400 $479,135 $461,320 $449,530
Avg Price Change -0.75% -2.29% +3.86% +2.62% +0.78%
Median Price $444,303 $440,748 $433,135 $418,689 $415,774
Med Price Change +0.81% +1.76% +3.45% +0.70% +7.64%
Avg Bedrooms 2.98 beds 2.99 beds 3 beds 2.96 beds 2.99 beds
Avg Bathrooms 2.16 baths 2.12 baths 2.16 baths 2.17 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Sol High School 36 $799,920 50 days
Marcos De Niza High School 81 $479,121 28 days
McClintock High School 133 $410,268 90 days
Mountain Pointe High School 9 $638,702 12 days
Tempe High School 146 $450,526 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 435 $478,117 61 days
Multi-Million Dollar Homes 13 $1,431,060 93 days
Newly Built Homes 23 $320,684 322 days
Homes with a Pool 124 $633,436 35 days
Reduced Price Homes 26 $429,326 39 days
JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500
Michele Walker
Sr. Loan Originator
NMLS# 821145 | AZ MLO #0929746
BK 0018295 | Corp NMLS #2973
This is not a commitment to lend or extend credit.
michele.walker@wvmb.com
Phone: 573-355-7431
Fax: 480-393-1871

© 2021 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. Real estate listings held by brokerage firms other than JK Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. 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. September 26, 2021
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