602 E Lodge Drive, Tempe
Tempe, AZ Homes for Sale
The Tempe Real Estate Market
Tempe, Arizona is a vibrant city with a thriving real estate market. The city is home to a diverse population of students, young professionals, and families, making it a popular destination for those looking to buy or rent property. With its close proximity to Arizona State University and an abundance of amenities and attractions, Tempe offers a desirable lifestyle for residents.
Home Prices and Trends
The real estate market in Tempe has seen steady growth in recent years, with home prices steadily increasing. The median home price in Tempe is around $350,000, making it an affordable option compared to neighboring cities like Scottsdale and Phoenix. The market is competitive, with homes selling quickly and often above asking price. As a result, many buyers are turning to new construction or fixer-uppers to find affordable options in the area.
Popular Neighborhoods in Tempe
Tempe is home to a variety of neighborhoods, each with its own unique charm and amenities. Some popular neighborhoods in the area include the historic Maple-Ash neighborhood, the urban oasis of Downtown Tempe, and the family-friendly community of Kiwanis Park. Each neighborhood offers a different lifestyle and housing options, catering to a wide range of preferences and budgets.
Rental Market in Tempe
In addition to buying homes, renting is a popular option for residents in Tempe. The city offers a mix of apartments, condos, and single-family homes for rent, catering to a diverse rental market. The proximity to ASU makes Tempe a popular choice for students looking for off-campus housing, while young professionals and families also find the city appealing due to its amenities and community events.
Investment Opportunities in Tempe
With a growing population and strong job market, Tempe offers attractive investment opportunities in real estate. Investors can capitalize on the demand for rental properties, fix-and-flip projects, or long-term investment properties. The city's steady appreciation rates and high occupancy rates make it a favorable market for those looking to grow their real estate portfolio in the Southwest.
Our website features the best Tempe, AZ real estate search for homes available. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes.
You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
- Tempe, AZ Homes between $400,000 and $450,000 for Sale
- Tempe, AZ Homes between $450,000 and $500,000 for Sale
- Tempe, AZ Homes between $500,000 and $600,000 for Sale
- Tempe, AZ Homes between $600,000 and $700,000 for Sale
- Tempe, AZ Homes between $700,000 and $800,000 for Sale
- Tempe, AZ Homes between $800,000 and $900,000 for Sale
- Tempe, AZ Homes between $900,000 and $1,000,000 for Sale
- Tempe, AZ Homes between $1,000,000 and $1,500,000 for Sale
- Tempe, AZ Homes between $1,500,000 and $2,000,000 for Sale
- Tempe, AZ Homes between $2,000,000 and $3,000,000 for Sale
Curious about what’s happening in the Tempe, AZ real estate market? Sign up for a Tempe, AZ Real Estate Market Report to see what’s active, under contract, and sold!
Considering selling or refinancing your home? Get an INSTANT property valuation now!
Newest Tempe, AZ Homes for Sale
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.