Tempe

Why you'd want to live in Tempe

Tempe is a vibrant urban Metropolitan city that has its unique features. Tempe’s a fun area that hosts family-friendly events and is most commonly known to be the home of Arizona State University. Tempe has an amazing community that shares an active lifestyle but also enjoys its leisure activities. The Tempe Center for the Arts holds concerts and dance performances. Tempe Town Lake is nearby and it offers kayaking and paddle boating. This area also hosts outdoor events & festivals that are perfect for the family. There are sporting events and spectacular concerts that are held at the popular Wells Fargo Arena right next door. Tempe is bordered by downtown Phoenix to the West, Chandler on the South, Scottsdale to the North, and Mesa on the East. This amazing city offers a diverse culture with endless exploration and excitement. The average price for a home here in 2016 was around $272,318, with the average rent price set at about $1,092. Pick up a Bank Owned property, Short Sale property, or just a good buy on a traditional sale in Tempe today! Let Kelly Cook and the Kelly Cook Real Estate Group assist you in your Tempe real estate search. We represent both sellers and buyers for all homes in this area! From a basic, single-story property to a custom estate, trust the Kelly Cook Real Estate Group to ensure your end goals are met.

Tempe Market Report

$590,496

AVERAGE PRICE OF 474 HOMES

$2,035,758

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$1,901,250

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$811,881

AVERAGE PRICE OF 135 HOMES WITH A POOL

$521,743

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $590,496
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $273,126
2 bedrooms $320,093
3 bedrooms $497,930
4 bedrooms $714,431
5 bedrooms $1,078,882
Tempe Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 490 492 435 407 401
Average Price $587,326 $591,618 $602,356 $605,880 $594,357
Avg Price Change -0.73% -1.82% -0.59% +1.94% +0.33%
Median Price $498,990 $508,002 $509,209 $514,641 $522,175
Med Price Change -1.81% -0.24% -1.07% -1.46% +0.23%
Avg Bedrooms 2.81 beds 2.79 beds 2.8 beds 2.75 beds 2.76 beds
Avg Bathrooms 2.06 baths 2.05 baths 2.05 baths 2.04 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tempe High School 139 $484,797 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 474 $590,496 74 days
Multi-Million Dollar Homes 36 $2,035,758 124 days
Newly Built Homes 4 $1,901,250 49 days
Homes with a Pool 135 $811,881 61 days
Reduced Price Homes 25 $521,743 76 days
YOUR ONE STOP REAL ESTATE SOURCE
Kelly Cook
14201 N Hayden Rd
Scottsdale, AZ 85260

© 2024 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Kelly Cook - Real Broker are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. December 5, 2024
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