> ## Content Index > Fetch the complete content index at: https://josetijam.com/llms.txt > Use this file to discover other available public pages before exploring further. # Tempe AZ Housing Market: Prices, Inventory and Trends - URL: https://josetijam.com/tempe-az-housing-market/ - Published: 2026-10-13T05:17:12.000Z - Updated: 2026-10-13T21:49:08.000Z - Description: Tempe home prices vary by data provider and by month. This guide explains what the main figures measure so you can compare them correctly. - Author: Housing Ledger Editorial - Tags: Tempe AZ, housing market, home prices, real estate data, #gce-13f34299 You can read the Tempe AZ housing market through a few price figures, but they will not match. Zillow puts the average home value at $461,342, down 0.6% over the past year, as of August 31, 2026 [\[1\]](https://www.zillow.com/home-values/47958/tempe-az/?ref=josetijam.com). That is an estimate across homes, not the price any one house sold for. For a closer look, read [Pros and Cons of Living in Tempe, AZ: A Balanced Look](https://josetijam.com/pros-and-cons-of-living-in-tempe-az/). Movoto reports a median sale price of about $495,000 for September 2026 [\[2\]](https://www.movoto.com/tempe-az/market-trends/?ref=josetijam.com). A median is the middle sale in a month, so it can sit well above an average estimate like Zillow's. Neither figure is a forecast, and each shows a different part of the market. The gap comes from what each source measures. Zillow's number is a value estimate, while Movoto's comes from homes that actually sold in one month. This article explains what each metric means, then covers sales counts, inventory, days on market, and price ranges so you can read the numbers side by side. ## Why do Tempe home price figures differ by source? Each source reports a Tempe home price figure, but each measures something different. Knowing which measure you are reading keeps you from comparing unlike numbers. For a closer look, read [Tempe, AZ vs Mesa, AZ: Which Costs Less to Live In?](https://josetijam.com/tempe-az-vs-mesa-az/) ### Zillow's average home value Zillow's Tempe page reports an average home value, updated August 31, 2026 [\[1\]](https://www.zillow.com/home-values/47958/tempe-az/?ref=josetijam.com). It averages across many homes in the city, so it is not the price of any single sale. Use it to see the general direction of values over time, not to price one house. ### Sold medians Movoto reports the median price homes sold for in a given month [\[2\]](https://www.movoto.com/tempe-az/market-trends/?ref=josetijam.com). Only closed sales count toward it, so it shows what buyers actually paid. Sweep Phoenix's monthly updates report sold prices for single-family homes only [\[3\]](https://www.sweephoenixazhomes.com/market-trends/2026-march-tempe-az-housing-market-update/?ref=josetijam.com), so they will not match a figure that covers condos and townhomes too. ### Listing medians Realtor.com reports the median listing price of homes currently for sale [\[4\]](https://www.realtor.com/realestateandhomes-search/Tempe%5FAZ?ref=josetijam.com). Listing prices are what sellers ask, not what buyers pay. A listing median can sit above or below a sold median for the same month, and that gap does not mean prices changed. ### How to compare Pick one source and one measure, then track it the same way each month. Comparing a listing median from one site with a sold median from another will show a gap that is not a real price change. ![A person at a wooden desk compares two printed property reports beside a laptop, with a coffee mug nearby.](https://tse1.mm.bing.net/th?q=person%20reviewing%20printed%20property%20reports%20at%20desk&w=800&h=450&rs=1&c=4) ## How many homes are selling in Tempe? Closed sales in Tempe fell sharply last month. Tempe News reported on August 15, 2026 that 47 closed sales were down 24.2% from a year earlier [\[5\]](https://www.tempenews.com/news/tempe-housing-market-sees-sales-prices-drop/article%5F02fb6bc2-fb4d-4c1f-b6f1-4cb67822b078.html?ref=josetijam.com). A closed sale is a deal that has finished and been recorded, so this count reflects purchases that actually went through, not homes that were only listed. A drop like this can point to a thinner market, with fewer buyers and sellers completing deals. One month, though, is a small sample. A few slow weeks, a holiday slowdown, or a batch of delayed closings can move the count a lot, so a single month rarely shows a real trend. Compare the same month across years before you draw conclusions. Pull the same month from earlier years, then check several months in a row to see whether the drop is a pattern or a one-off. Here is how that works. Suppose a month usually records 60 closings and this year it records 47\. That is a real change, but it may still fall within the normal range for that season. Only the longer comparison shows which it is. If you are buying, a slower pace may mean less competition for each home, though you need other measures to judge that. If you are selling, the same drop means deals are closing more slowly, so weigh it against your timing. Closings are only one signal, so pair this count with other measures before you act. ![A residential street in Tempe with two houses displaying for-sale signs and a parked car in front of a stucco home.](https://tse1.mm.bing.net/th?q=residential%20street%20with%20for-sale%20signs&w=800&h=450&rs=1&c=4) ## How much inventory is for sale, and how long do homes take to sell? Realtor.com lists 645 homes for sale in Tempe, with a median listing price of $459,900 [\[4\]](https://www.realtor.com/realestateandhomes-search/Tempe%5FAZ?ref=josetijam.com). A median listing price is the middle asking price of homes currently on the market. It shows what sellers are asking, not what buyers end up paying, so a large number of listings gives you more choice but does not tell you how fast homes sell. ### How fast homes go to pending Zillow reports that homes go to pending in around 32 days [\[1\]](https://www.zillow.com/home-values/47958/tempe-az/?ref=josetijam.com). Pending means the seller has accepted an offer, but the sale has not closed yet. For a buyer, this means a home you like may already be under contract by the time you schedule a showing. ### Days on market Days on market counts the time from listing until a home sells. Movoto reports that properties in Tempe sell after 66 days on the market, compared with 93 days in a comparison period [\[2\]](https://www.movoto.com/tempe-az/market-trends/?ref=josetijam.com). That is a shorter wait than the comparison period, so homes in this measure moved faster. If you are buying, the 32-day figure means you may need to decide within days of a showing rather than weeks. ## Is Tempe a competitive market for buyers? Redfin rates the Tempe, AZ housing market as somewhat competitive, with a score of 56 out of 100 [\[6\]](https://www.redfin.com/city/18607/AZ/Tempe/housing-market?ref=josetijam.com). For a buyer, that means you should expect some competition for homes, though the rating does not show how any single home or neighborhood will behave. The average Tempe house price was $468K last month, down 0.43% since last year [\[6\]](https://www.redfin.com/city/18607/AZ/Tempe/housing-market?ref=josetijam.com). A drop of 0.43% is small, so prices were roughly flat over the year rather than falling sharply. That tells you the price level has been steady, not that it will hold. A score like this combines several factors into one number, so it reflects conditions at one point in time. It does not predict where prices or competition will go next. Read the 56 as a snapshot of the current mix of demand and supply, not as a forecast. For example, if a home you like is priced near the average, the score tells you the overall market is active, but the home's condition, location, and days on the market will matter more to your offer than the city-wide number. ## What price range should you expect in Tempe? Tempe's price range is wide. On Homes.com, listed properties run from $219,000 to $1,595,000 [\[7\]](https://www.homes.com/tempe-az/?ref=josetijam.com). A spread that large means one number rarely describes the whole market, so start by deciding which kind of home you want. The median sale price across all property types is $475,000 [\[7\]](https://www.homes.com/tempe-az/?ref=josetijam.com). A median is the middle sale, with half of homes selling for more and half for less. It is a useful starting point, but it blends condos, townhomes, and houses of every size. Single-family homes usually sell for more. The average sold price for a single-family home in Tempe in March 2026 was $640,246, up about 0.3% from a year earlier [\[3\]](https://www.sweephoenixazhomes.com/market-trends/2026-march-tempe-az-housing-market-update/?ref=josetijam.com). A rise that small means prices changed little over that year. Averages and medians are different measures, so do not compare them directly. A few very expensive sales can pull an average up, while the median may barely move. Compare like with like. If you want a three-bedroom house, use single-family figures, not the all-types median. If you are looking at condos, look only at condo sales. Then narrow the comparison further by size, so you are comparing homes you could actually buy. ## How should you use these numbers before you buy or sell? Pick one source and one metric, then track it every month. Zillow's Tempe page is a practical starting point: it reports average home value and time to pending, and it was last updated on August 31, 2026 [\[1\]](https://www.zillow.com/home-values/47958/tempe-az/?ref=josetijam.com). Compare each month with the same month a year earlier, not just with the month before. Then read the pillar overview and the cost articles for the wider picture, since a home price alone does not show what you can afford. Remember that market data describes past sales and is not a forecast, so a few falling numbers in one month do not tell you where prices are going. ## Sources 1. [Tempe, AZ Housing Market: 2026 Home Prices & Trends](https://www.zillow.com/home-values/47958/tempe-az/?ref=josetijam.com) 2. [Tempe, AZ Market Trends](https://www.movoto.com/tempe-az/market-trends/?ref=josetijam.com) 3. [2026 March Tempe AZ Housing Market Update](https://www.sweephoenixazhomes.com/market-trends/2026-march-tempe-az-housing-market-update/?ref=josetijam.com) 4. [Tempe, AZ Homes for Sale & Real Estate](https://www.realtor.com/realestateandhomes-search/Tempe%5FAZ?ref=josetijam.com) 5. [Tempe housing market sees sales, prices drop | City News](https://www.tempenews.com/news/tempe-housing-market-sees-sales-prices-drop/article%5F02fb6bc2-fb4d-4c1f-b6f1-4cb67822b078.html?ref=josetijam.com) 6. [Tempe, AZ Housing Market](https://www.redfin.com/city/18607/AZ/Tempe/housing-market?ref=josetijam.com) 7. [Tempe, AZ Homes for Sale & Real Estate](https://www.homes.com/tempe-az/?ref=josetijam.com)