Tempe, AZ—85282
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$469,000
1.3% YoY Growth
Household Income
$79,100
47.9% YoY Growth
Days on Market
40
5.0% Shorter YoY
Home Price Forecast
-1.4%
Median Rent
$2,240
3.0% YoY Growth
1-Bed Rent
$1,300
17.8% YoY Growth
2-Bed Rent
$1,650
5.0% YoY Growth
3-Bed Rent
$2,350
3.2% YoY Growth
Home Price Trends — Tempe, AZ
As of May '26, the median home price in Tempe, AZ is $469,000, with a year-over-year change of -1.3%. This indicates that home prices in Tempe, AZ are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $469,000 | -1.3% |
| Single Family | $480,000 | -1.0% |
| Condos | $272,000 | -3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |