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Tempe Housing Market Report: August 2026

Verified market data for Tempe, Maricopa County, updated twice weekly by Incyte Realty.

As of August 2026, the median home price in Tempe, Arizona is $460,000, a change of -4.0% year over year, at $314 per square foot, with homes averaging 29 days on market. Conditions currently favor a balanced market. Data compiled by Incyte Realty from redfin.com and realtor.com and homes.com, as of 2026-07.

$460,000
Median Home Price
$314
Price per Sq Ft
29
Avg Days on Market
balanced market
Current Conditions
-4.0%
Year over Year
Market data last updated: 2026-08-24 · Sources: redfin.com, realtor.com, homes.com · Tempe figures as of 2026-07

Tempe vs. Maricopa County

The median home price in Tempe is $460,000, against a Maricopa County median of $504,900. Homes here average 29 days on market, versus 73 days county-wide. County inventory is currently low with a stable trend.

Tempe vs. Maricopa CountyMedian home price. Verified figures; see the update date above.
View as data table
AreaMedian home price
Tempe$460K
Maricopa County median$505K
Median price across Maricopa County citiesTempe highlighted. Top cities by verified median.
View as data table
AreaMedian home price
Paradise Valley$3.1M
Carefree$1.3M
Scottsdale$1.2M
Cave Creek$1.0M
Fountain Hills$741K
Queen Creek$659K
Gilbert$600K
Litchfield Park$537K
Chandler$520K
Anthem$511K
Peoria$495K
Goodyear$483K

Frequently Asked Questions

What is the median home price in Tempe, Arizona?+
The median home price in Tempe is $460,000 as of 2026-07, -4.0% year over year. For comparison, the Maricopa County median is $504,900.
How long do homes take to sell in Tempe?+
Homes in Tempe currently average 29 days on market, compared with 73 days across Maricopa County. Figure as of 2026-07.
Is Tempe a buyer's or seller's market right now?+
Tempe currently shows balanced market conditions with an average of 29 days on market. Market conditions are reassessed twice weekly from redfin.com and realtor.com and homes.com.

Planning a move? Read the full Tempe community guide for neighborhoods, schools, and things to do, or return to the full metro market report.

Ready to look at actual listings?Browse live homes for sale in Tempe on Incyte Realty's search, updated in real time.
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