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

5805 S Hazelton Lane, Tempe
$534,000
3 Beds ⋅ 2 Baths ⋅ 7090770 MLS ⋅ 1,691 SqFt.
$5,000 Flooring Credit and Price Correction. Welcome Home to this 3bed/2bath ranch style house, w/sparkling pool, on a large corner lot, close to freeways, shopping, schools, restaurants, and ASU. The kitchen is well suited for entertaining, with gorgeous quartz countertops, generous storage, and a neutral palette. A refreshing diving pool anchors the backyard, and a spacious side yard, behind a large RV gate, offers room for toys and outdoor equipment. Both the front and backyard are on a sprinkler system., maintaining the lush green grass. The seller has invested more than $123,000 in updates, including a new roof, newer HVAC, new plumbing, a new electrical panel and outlets, new windows, remodeled baths, newer flooring, and additional improvements throughout. Priced to sell! Two car garage w/epoxy floors, and RO system for tasty drinking water. The El Paso Gasoline Multi Use Path is just a stones throw away. This path is family and dog friendly, well lit and maintained. Open to bikers and walkers, with direct access to Kiwanis Park. 5805 South Hazelton Tempe, AZ 85283/ Improvements and Repairs April 2019 - New windows & patio door ($8,999.00) December 2020 - Plumbing repair ($51,332.60 ) December 2020 - Plumbing repair ($12,577.00) February 2021 - Master shower & master vanity remodel ($3,881.06) September 2021 - Roof repair ($20,262.00) September 2021 - Roof repair ($2,550.00) May 2023 - New AC unit ($13,206.00) May 2024 - Electrical outlet replacement (entire house) & breaker panel restoration ($7,704.00) June 2025 - New front door & new side door to garage ($2,903.00)

5805 S Hazelton Lane, Tempe

2138 E Calle De Arcos Road, Tempe
$3,750,000
7 Beds ⋅ 7 Baths ⋅ 7090300 MLS ⋅ 7,326 SqFt.
Elevated Mediterranean design meets modern living in this beautifully reimagined Circle G Ranches estate. Thoughtfully remodeled by Kimberley Kay Interiors, the home blends its original architectural character with fresh finishes and a redesigned layout. A stunning kitchen with double islands and a charming breakfast nook anchors the gathering spaces, complemented by two dishwashers, a built-in ice maker, a Sub-Zero beverage refrigerator and built-in Sub-Zero refrigerator and freezer. The expanded primary suite connects to a distinctive speakeasy-style library with a fireplace, an inviting retreat tucked within the home. Two additional en suite bedrooms and an expansive laundry room complete the main level. The walk-out basement features two bedrooms, a full bathroom with a separate tub and shower, and a kitchenette bar. A separate guest casita features two bedrooms, a full bathroom, its own kitchen, living area and entrance. An installed Sonos sound system provides audio throughout the home and outdoor living spaces. Situated on nearly an acre, the grounds feature expansive covered patios, a private pool, sport court/pickleball court, built-in BBQ, built-in gas fire pit and generous lawn areas. Tucked away amid mature landscaping and spacious lots, Circle G Ranches offers a quaint, private feel with uniquely designed custom homes and neighborhood social activities. A private community park, tennis and pickleball courts, equestrian trails and a riding arena complete this exceptional setting in the heart of South Tempe.

2138 E Calle De Arcos Road, Tempe

462 W Colt Road, Tempe
$559,900
5 Beds ⋅ 3 Baths ⋅ 7088806 MLS ⋅ 2,036 SqFt.
WOW! TEMPE LOCATION + 5 BEDROOMS + POOL! This rare 5-bedroom Tempe home offers the space, location, and backyard lifestyle you've been looking for-all at an incredible value! The versatile first floor features a formal living/dining area, spacious family room, kitchen with breakfast nook, bedroom, full bath, and laundry room--perfect for guests, multigenerational living, or a home office. Upstairs, you'll find 4 additional bedrooms and 2 bathrooms, giving everyone room to spread out. The kitchen is designed for both everyday living and entertaining, featuring granite countertops, upgraded appliances, and views overlooking the family room and backyard. Step outside and discover your own private retreat with a sparkling pool, fireplace, grassy area, mature trees, and plenty of space to relax or entertain. Numerous major improvements provide added peace of mind, including HVAC (2017), entry door (2019), pool fencing (2021), pavers (2022), shutters (2025), water heater (2025), permanent outdoor lighting (2025), new interior paint (2026), partial flooring (2026), and partial roof replacement (2026). No carpet! The combination of tile and newer flooring creates a clean, comfortable, move-in-ready feel throughout. And then there's the location! Conveniently located near the airport, major freeways, shopping, dining, parks, and highly sought-after Tempe amenities. Whether you're looking for room for a growing household, guests, or flexible living space, this home delivers. Homes offering 5 bedrooms, a pool, and this kind of Tempe location are hard to find--come see it for yourself!

462 W Colt Road, Tempe

140 E Rio Salado Parkway Unit 411, Tempe
$399,999
1 Beds ⋅ 2 Baths ⋅ 7088708 MLS ⋅ 1,168 SqFt.
Elevated Downtown Living at Bridgeview | Luxury Condo with Tempe Town Lake & Mountain Views - Experience the best of urban luxury at Bridgeview in Tempe Town Lake! Perfectly positioned in the heart of Tempe, this exceptional fourth-floor condo offers stunning lake and mountain views, sophisticated modern finishes, and an impressive collection of resort-style amenities. Whether you're searching for a stylish full-time residence, a lock-and-leave retreat, or an upscale urban escape, this residence delivers the ultimate blend of convenience, comfort, and elevated living. Step inside to discover a bright, inviting interior enhanced by expansive windows, abundant natural light, tile flooring, and recessed lighting. The updated kitchen showcases sleek, modern luxury cabinetry and a high-end JennAir refrigerator, creating a refined space for everyday living and entertaining. Thoughtful upgrades continue throughout, including a custom-tiled shower, a beautifully appointed custom walk-in closet, and an upgraded double-balcony configuration that invites you to take in the surrounding cityscape, shimmering lake, and mountain vistas. Beyond the residence, Bridgeview offers an impressive lifestyle experience with amenities designed for relaxation, recreation, and convenience. Enjoy the infinity pool and hot tub, fitness center, sauna, steam room, and outdoor courtyard featuring BBQ grills and a pizza oven. Additional community amenities include a front-desk concierge, guarded entrance, secure electronic key access, clubhouse and party room, business center, library, movie theater, billiards room, and ping-pong table. A dedicated residence storage locker provides additional convenience, while the secure parking garage with EV charging adds modern functionality. Designed for effortless lock-and-leave living, this secure community offers peace of mind whether you're enjoying everything Tempe has to offer or traveling away from home. The location is truly exceptional. Enjoy direct walking access to the vibrant Mill Avenue District, Arizona State University, and ASU Stadium, with an abundance of restaurants, coffee shops, entertainment, and nightlife just moments away. Step outside to connect with the scenic walking and biking paths along Tempe Town Lake, perfect for morning workouts, sunset strolls, and enjoying the Arizona outdoors. Phoenix Sky Harbor International Airport is less than 10 minutes away, making travel remarkably convenient. Combining captivating lake and mountain views, contemporary upgrades, outstanding amenities, and an unbeatable location, this Bridgeview residence offers a rare opportunity to experience the very best of Tempe Town Lake living. Enjoy the energy of downtown Tempe, the tranquility of the waterfront, and the comfort of a luxury residence--all in one exceptional address.

140 E Rio Salado Parkway Unit 411, Tempe

1111 E University Drive Unit 108, Tempe
$200,000
1 Beds ⋅ 1 Baths ⋅ 7088392 MLS ⋅ 631 SqFt.
Move-in ready with stylish updates and an unbeatable Tempe location! This refreshed 1-bedroom, 1-bath Tempe Villas condo offers 631 SF of easy living with a brand-new A/C, new carpet and wood-look vinyl plank flooring, new quartz countertops, stainless steel appliances, and a new stacked washer and dryer. Sliding doors lead to a private patio overlooking a landscaped courtyard, creating a peaceful place to unwind. Enjoy assigned covered parking, a community pool, spa, clubhouse and beautifully maintained grounds. Walk or bike to ASU, light rail, dining, shopping and entertainment, with Mill Avenue, Sun Devil Stadium, freeway access and Sky Harbor Airport nearby. Ideal as a primary residence or investment property! Freshly Updated: New A/C unit, freshly painted, new carpet and wood-like vinyl flooring, new quartz countertops, a new stainless steel appliance package including range, refrigerator, microwave and dishwasher, plus a new washer and dryer create a fresh, move-in-ready home. Community Amenities: Tempe Villas offers manicured grounds, a community pool, spa and spacious clubhouse with gathering space and kitchen. One assigned covered parking space is included. Connected Tempe Lifestyle: Enjoy close proximity to ASU, light rail, Mill Avenue, Sun Devil Stadium, nearby parks, restaurants, shopping and entertainment, with convenient freeway access and easy access to Sky Harbor International Airport. Flexible Ownership Opportunity: Well suited for a primary residence, lock-and-leave lifestyle or investment consideration in a highly convenient Tempe location.

1111 E University Drive Unit 108, Tempe

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Copyright 2026 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. 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.

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