Tempe, AZ—85283
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$456,000
1.2% YoY Growth
Household Income
$81,100
29.4% YoY Growth
Days on Market
44
6.0% Longer YoY
Home Price Forecast
-1.3%
Median Rent
$2,200
10.9% YoY Growth
1-Bed Rent
$1,240
9.9% YoY Growth
2-Bed Rent
$1,800
9.3% YoY Growth
3-Bed Rent
$2,500
6.5% YoY Growth
Home Price Trends — Tempe, AZ
As of May '26, the median home price in Tempe, AZ is $456,000, with a year-over-year change of -1.2%. This indicates that home prices in Tempe, AZ are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $456,000 | -1.2% |
| Single Family | $474,000 | -0.8% |
| Condos | $272,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |