Tempe, AZ Real Estate Search

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.

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Tempe, AZ Homes for Sale

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Newest Tempe, AZ Homes for Sale

$525,000
4 Beds 2 Baths 7055676 MLS 1,773 SqFt.
Discover the perfect blend of location, space, and lifestyle in this move-in ready 4-bedroom home situated on an interior north/south-facing lot in one of Tempe's most convenient neighborhoods. Just minutes from Arizona State University (ASU), Sky Harbor Airport, major freeways, shopping, dining, entertainment, and employment centers, this home offers exceptional convenience for homeowners, students, professionals, or investors. Designed with flexibility in mind, the floor plan features separate living and family rooms, providing multiple spaces for entertaining, relaxing, working from home, or accommodating multi-generational living. Tile flooring throughout offers durability and easy maintenance, while the family room is anchored by a classic wood-burning fireplace with a brick surround for added warmth and character. The updated kitchen combines style and function with granite slab countertops, a glass tile backsplash, white shaker cabinetry with modern hardware, pantry storage, breakfast bar seating, and stainless-steel appliances. The open layout keeps everyone connected whether you're preparing meals, hosting friends, or enjoying everyday living. Both the primary and guest bathrooms have been tastefully remodeled with granite countertops, updated vanities, and modern tile shower and tub surrounds. The split fourth bedroom offers additional privacy and includes its own mini-split heating and cooling system, making it an ideal guest suite, home office, fitness room, or hobby space. The 4th bedroom is off the arizona room Step outside to your private Arizona backyard featuring a covered patio, screened-in porch, sparkling PebbleTec pool, large backyard, storage shed, and convenient RV gate with alley access--perfect for outdoor entertaining, recreational vehicles, trailers, or additional storage. Whether you're searching for a primary residence, a home near ASU, or an investment property with strong rental potential, this Tempe home delivers the location, upgrades, and lifestyle today's buyers are looking for.

2117 E Oxford Drive, Tempe

$535,000
3 Beds 3 Baths 7054759 MLS 1,595 SqFt.
Prime Tempe location! Welcome to Millstone, a highly sought-after community just a short walk to Mill Avenue, and only minutes from Arizona State University (ASU), Tempe Town Lake, Downtown Tempe, and Phoenix Sky Harbor International Airport. Whether you're looking for a primary residence, lock-and-leave second home, or investment property, this home offers exceptional value and location. This spacious 3-bedroom, 3-bathroom townhome features 1,595 square feet with a highly desirable floor plan where every bedroom has its own private ensuite bathroom, making it ideal for roommates, students, or guests. The primary suite offers a walk-in closet, dual sink vanity, and a walk-in shower. The open-concept kitchen has been updated with refinished cabinetry, granite countertops, stainless steel appliances, and a center island overlooking the living and dining areas. New flooring throughout the upper three levels gives the home a fresh, modern feel, while two private balconies provide additional outdoor living space. Additional features include a private attached 2-car garage, inside laundry, ample storage, and access to the community's private pool and spa. Enjoy one of Tempe's most walkable locations with easy access to ASU, Mill Avenue, Tempe Beach Park, Tempe Town Lake, light rail, restaurants, shopping, entertainment, major freeways, and Sky Harbor Airport. With its functional layout, private ensuite bedrooms, and unbeatable location, this property offers outstanding potential as a student rental, long-term investment, or owner-occupied residence.

305 S Wilson Street Unit 108, Tempe

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