Tempe, AZ Housing Market Trends

Market Overview for Q3 2026

$460K 1.8% Y-o-Y $8K Y-o-Y
$299 4.9% Y-o-Y $14 Y-o-Y
134 -49.8% Y-o-Y -133 Y-o-Y
$428K -3% Y-o-Y -$17K Y-o-Y
Tempe, AZ Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $471,000 $500,000 $440,000 $416,000
2023 $400,000 $445,000 $475,000 $464,000
2024 $475,000 $498,000 $481,000 $483,000
2025 $494,000 $511,000 $452,000 $468,000
2026 $480,000 $465,000 $460,000
Tempe, AZ Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $298 $321 $304 $275
2023 $276 $284 $310 $305
2024 $299 $303 $306 $305
2025 $305 $300 $285 $295
2026 $297 $295 $299
Real Estate Transactions in Tempe, AZ
Year Q1 Q2 Q3 Q4
2022 374 391 276 182
2023 211 225 274 223
2024 278 409 300 332
2025 298 375 267 224
2026 244 333 134
Maricopa County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $443,000 $467,000 $457,000 $455,000
2023 $435,000 $464,000 $465,000 $465,000
2024 $465,000 $475,000 $469,000 $475,000
2025 $485,000 $475,000 $475,000 $475,000
2026 $465,000 $460,000
Tempe, AZ Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $471,000 $500,000 $440,000 $416,000
2023 $400,000 $445,000 $475,000 $464,000
2024 $475,000 $498,000 $481,000 $483,000
2025 $494,000 $511,000 $452,000 $468,000
2026 $480,000 $465,000 $460,000
Tempe, AZ Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $298 $321 $304 $275
2023 $276 $284 $310 $305
2024 $299 $303 $306 $305
2025 $305 $300 $285 $295
2026 $297 $295 $299
Real Estate Transactions in Tempe, AZ
Year Q1 Q2 Q3 Q4
2022 374 391 276 182
2023 211 225 274 223
2024 278 409 300 332
2025 298 375 267 224
2026 244 333 134
Maricopa County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $443,000 $467,000 $457,000 $455,000
2023 $435,000 $464,000 $465,000 $465,000
2024 $465,000 $475,000 $469,000 $475,000
2025 $485,000 $475,000 $475,000 $475,000
2026 $465,000 $460,000 0

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$320K
9.2%
$287
2.1%
21
Houses
$471K
-5.8%
$299
3.1%
113

Tempe, AZ Housing Stock

Property Type
Units
Single Family
31,092
2-4 Family
541
Condo
7,387
Townhouse
82
Other
54

Maricopa County: Demographics

Total population
188,065
Median age
30
No high school education
2.0%
Some high school/college
20.9%
Bachelor's degree
26.4%
Average household income
$104,678
Occupied housing units
78,279
Owner-occupied units
42.3%
Renter-occupied units
57.7%
Median year structure built
1984

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Paradise Valley
$3.4M
2
Rio Verde
$950K
3
Scottsdale
$935K
4
Cave Creek
$907K
5
Fountain Hills
$659K
6
Queen Creek
$637K
7
Gilbert
$558K
8
Litchfield Park
$525K
9
Chandler
$495K
10
Peoria
$480K
11
Goodyear
$465K
12
Laveen
$435K
13
Phoenix
$420K
14
Glendale
$420K
15
Mesa
$415K
16
Waddell
$412K
17
Surprise
$410K
18
Avondale
$410K
19
Buckeye
$406K
20
Sun City West
$368K
21
El Mirage
$339K
22
Tonopah
$336K
23
Sun City
$250K