Tempe Market Report
$521,747
AVERAGE PRICE OF 265 HOMES$493,300
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,730,577
AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES$1,125,000
AVERAGE PRICE OF 1 NEWLY BUILT HOMES$750,535
AVERAGE PRICE OF 82 HOMES WITH A POOL$411,738
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $521,747 |
| Avg Bedrooms | 3.1 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $314,400 |
| 2 bedrooms | $329,818 |
| 3 bedrooms | $444,114 |
| 4 bedrooms | $657,784 |
| 5 bedrooms | $1,372,600 |
Tempe Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 279 | 282 | 312 | 326 | 326 |
| Average Price | $523,658 | $507,941 | $496,735 | $484,268 | $478,685 |
| Avg Price Change | +3.09% | +2.26% | +2.57% | +1.17% | -2.34% |
| Median Price | $485,600 | $484,743 | $466,108 | $459,785 | $457,539 |
| Med Price Change | +0.18% | +4.00% | +1.38% | +0.49% | -0.76% |
| Avg Bedrooms | 3.09 beds | 3.06 beds | 3.03 beds | 3 beds | 3 beds |
| Avg Bathrooms | 2.17 baths | 2.11 baths | 2.1 baths | 2.06 baths | 2.05 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Adult | 19 | $96,620 | 84 days |
| Corona Del Sol High School | 21 | $1,208,876 | 43 days |
| Marcos De Niza High School | 48 | $530,656 | 57 days |
| McClintock High School | 69 | $504,601 | 73 days |
| Tempe High School | 94 | $468,551 | 61 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 265 | $521,747 | 63 days |
| Distressed Homes | 3 | $493,300 | 11 days |
| Multi-Million Dollar Homes | 13 | $1,730,577 | 42 days |
| Newly Built Homes | 1 | $1,125,000 | 41 days |
| Homes with a Pool | 82 | $750,535 | 42 days |
| Reduced Price Homes | 10 | $411,738 | 42 days |
