Tempe, AZ—85281
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$397,000
3.0% YoY Growth
Household Income
$59,100
65.6% YoY Growth
Days on Market
70
10.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$1,700
7.9% YoY Growth
1-Bed Rent
$1,220
18.1% YoY Growth
2-Bed Rent
$1,650
9.2% YoY Growth
3-Bed Rent
$2,600
5.1% YoY Growth
Home Price Trends — Tempe, AZ
As of May '26, the median home price in Tempe, AZ is $397,000, with a year-over-year change of -3.0%. This indicates that home prices in Tempe, AZ are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | -3.0% |
| Single Family | $425,000 | -1.8% |
| Condos | $294,000 | -7.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |