Nestled in the East Valley of the Phoenix metropolitan area, Tempe is a vibrant city known for its rich cultural scene, thriving economy, and youthful energy, thanks in part to Arizona State University. With a mix of urban amenities and suburban comfort, Tempe offers residents a unique blend of lifestyle options, from bustling downtown areas to tranquil neighborhoods.
Economic Growth: Powered by education, tech, and healthcare industries
Quality of Life: Access to arts, dining, nightlife, and top-rated parks
Strategic Location: Minutes from Phoenix, Sky Harbor Airport, and major freeways
Lifestyle Options: From high-rise condos to historic bungalows, Tempe fits a wide range of buyers
Median Sale Price: $482,587, up 2.6% from the previous year
Median Listing Price: $535,000
Median Price per Square Foot: $304
Average Days on Market: Homes are selling in approximately 55 days (up from 42 days last year)
Inventory: 637 homes for sale, a 14.6% increase from the previous month
Sales Trends: In April 2025, 117 homes were sold — 56% below asking price, 25% at asking, and 19% over asking
Downtown Tempe: Vibrant urban lifestyle near ASU, Mill Avenue, and the light rail
South Tempe: Known for quiet, family-friendly neighborhoods and excellent schools
North Tempe: A mix of older charm and modern renovations, close to parks and Tempe Town Lake
Whether you're a first-time buyer, seasoned investor, or relocating for work or school, Tempe offers something for everyone. With steady market trends, cultural appeal, and excellent livability, now’s a great time to make your move.
Have questions? Reach out today for expert help navigating the Tempe real estate market!
Can't find what you're looking for? If you need guidance, we’re here to assist.
Please submit your details below, and we will contact you promptly
Heidi Ludwig
425.501.7091
Copyright 2025. CITIEA - Heidi Ludwig. All Rights Reserved.