Tempe, AZ housing market
The typical Tempe home is worth about $461,000, down 0.6% in a year, 10% above the Arizona typical home. Homes typically sell in 54 days, below asking.
Home values, sales, trends and how Tempe compares with the towns next door — updated as new data is published.
Tempe at a glance
A seller's market
Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Tempe | Arizona |
|---|---|---|
| 2017 | $258,000 | $228,000 |
| 2018 | $274,000 | $244,000 |
| 2019 | $295,000 | $264,000 |
| 2020 | $316,000 | $282,000 |
| 2021 | $365,000 | $324,000 |
| 2022 | $449,000 | $416,000 |
| 2023 | $467,000 | $429,000 |
| 2024 | $480,000 | $433,000 |
| 2025 | $481,000 | $434,000 |
| 2026 | $467,000 | $423,000 |
| August 2026 | $461,000 | $418,000 |
Tempe and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Tempe | $461K | −0.6% | 54 | $79,663 |
| Phoenix | $406K | −1.5% | 52 | $81,332 |
| Chandler | $515K | −1.3% | 49 | $108,095 |
| Mesa | $430K | −0.9% | 55 | $82,752 |
| Guadalupe | $234K | −8.5% | — | $51,354 |
| Scottsdale | $851K | +2.9% | 76 | $110,886 |
5.8 years of income
The typical Tempe home costs about 5.8 years of the town's median household income, more than across Arizona (5.2 years).
How Tempe ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Tempe
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.