Tempe, AZ Market Report

April 2026 Market Summary

The Tempe real estate market in Arizona currently has 591 active listings with a median asking price of $494,900. Prices range from $19,900 to $7,500,000, with an average of $564,255. Buyers can expect to pay around $309 per square foot.

Single Family homes dominate the market at 52% of inventory, followed by Townhouse at 21%. The typical listing offers 3 bedrooms and 2 bathrooms in 1,682 square feet. Homes spend an average of 85 days on market before going under contract.

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