#6895136, Annette Midboe, Listing office: West USA Realty
Tempe Housing Market Report June 2025•Maricopa County, Arizona
Housing Prices in Tempe, AZ
How much do homes in Tempe, AZ cost?
Housing Market Conditions
Is Tempe, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Tempe is a Seller's Market
Difference Since June 2024
Since last year, Tempe has remained a Seller's Market.
Tempe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Tempe have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Tempe was $485,000 in June 2025, up 2.3% from last year, and the median price per square foot was $302.
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $240K | $250K | +4.2% |
22 Bedrooms | $337.2K | $322.2K | -4.4% |
33 Bedrooms | $471.5K | $461.2K | -2.2% |
44 Bedrooms | $565K | $600K | +6.2% |
55+ Bedrooms | $739.5K | $779.5K | +5.4% |
Summary: Tempe housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.2%. The home price for 2 bedroom homes decreased by -4.4%. The home price for 3 bedroom homes decreased by -2.2%. The home price for 4 bedroom homes increased by +6.2%. The home price for 5 bedroom homes increased by +5.4%.
How does Tempe, AZ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Tempe, AZ
Housing supply in Tempe, AZ
How many homes are available in Tempe, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
636Last MonthJun 2025 | ||
6342 months agoMay 2025 | 0.3 % Change MoMMay – Jun |
Summary: The Tempe real estate market had 636 homes for sale in Jun 2025, a .3 % decrease compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
122Last MonthJun 2025 | ||
1432 months agoMay 2025 | -14.7 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 21 | 22 | +4.8% |
22 Bedrooms | 134 | 154 | +14.9% |
33 Bedrooms | 252 | 252 | 0.0% |
44 Bedrooms | 182 | 159 | -12.6% |
55+ Bedrooms | 45 | 49 | +8.9% |
Summary: Tempe housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +4.8%. The inventory for 2 bedroom homes increased by +14.9%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -12.6%. The inventory for 5 bedroom homes increased by +8.9%.
Asking Price vs. Sold Price
How much do homes in Tempe, AZ cost?
Over Asking Price7 Homes
At Asking Price26 Homes
Under Asking Price89 Homes
If you're buying a home in Tempe, you may be able to get a good deal. 73% of homes here sold below asking price last month.
Summary: A total of 122 homes were sold or pending in Tempe in June 2025, down by 14.7% month-over-month. Of the 122 sold homes, 73% were sold under asking, 21% were sold at asking, and and 6% were sold over asking.
Days on Market for Tempe, AZ
How long does it take to sell a home in Tempe, AZ?
Breakdown of Home Sale Times
Under 30 Days25 Homes
30 – 90 Days60 Homes
Over 90 Days37 Homes
Avg time on Rocket Homes in Tempe has remained consistent over time.
Summary: During June 2025, 122 homes were sold in Tempe; 20% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
70 DaysThis YearJun 2025 | ||
36 Days1 year agoJun 2024 | +94.7 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Tempe had an average listing age of 70 days in Jun 2025, up by 94.7% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Tempe, AZ
What homes are available in Tempe, AZ?
Nearby markets
Popular Cities with Homes for Sale in Arizona
- Homes for sale in Tucson, AZ
- Homes for sale in Gilbert, AZ
- Homes for sale in Scottsdale, AZ
- Homes for sale in Mesa, AZ
- Homes for sale in Phoenix, AZ
- Homes for sale in Chandler, AZ
- Homes for sale in Surprise, AZ
- Homes for sale in Peoria, AZ
- Homes for sale in Buckeye, AZ
- Homes for sale in Glendale, AZ
- Homes for sale in Goodyear, AZ
- Homes for sale in Queen Creek, AZ
- Homes for sale in Vail, AZ
- Homes for sale in Green Valley, AZ
- Homes for sale in Sierra Vista, AZ
- Homes for sale in Maricopa, AZ
- Homes for sale in Tempe, AZ
- Homes for sale in Fountain Hills, AZ
- Homes for sale in Casa Grande, AZ
- Homes for sale in Oro Valley, AZ
- Homes for sale in Marana, AZ
MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, and Northern Arizona Multiple Listing Service for the period 07/01/2023 - 07/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 10:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to naarflag@nazrealtor.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 10:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.