Your Localized Market Report

Tempe, AZ 85284

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Tempe, AZ 85284

Tue Nov 25 2025
This week the median list price for Tempe, AZ 85284 is $850,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 41. Click here to stay informed with the Tempe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Tempe, AZ 85284

Tue Nov 25 2025
This week the median list price for Tempe, AZ 85284 is $850,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 41. Click here to stay informed with the Tempe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tempe market.
Median List Price $850,000
Median Price of New Listings $850,000
Per Square Foot $330
Average Days on Market 63
Median Days on Market 28
Price Decreased 49%
Price Increased 0%
Relisted 0%
Inventory 41
Median Rent
Market Action 41
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,950,000 5,396 0.5 - 1 acre 5 4.5 39 2 2 28
$1,024,999 3,177 0.25 - 0.5 acre 4 3 38 2 3 49
$792,500 2,457 0.25 - 0.5 acre 4 2 34 1 0 38
$554,500 1,806 4,500 - 6,500 sqft 3 2 37 2 0 24