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

$519,000
3 Beds 2 Baths 7069183 MLS 1,592 SqFt.
Welcome to this charming Warner Ranch Landing 2 gem! It is ideally situated in the sought-after community surrounded by mature trees, lush greenbelts, and peaceful walking paths. The HOA maintains the front-yard landscaping and provides access to a sparkling community pool and spa. This thoughtfully designed home features a desirable split floor plan, vaulted ceilings, French doors and windows, and a cozy fireplace with a wired TV mount. Recent updates include new carpet in the primary bedroom (August, 2026), new tile and carpet flooring (2024), stainless steel kitchen appliances (2020), and a new primary bath shower surround (2023). The primary suite offers double sinks and a soaking tub, while a built-in wall unit adds functionality to the secondary bedroom. Double-pane windows provide energy efficiency. Step outside to the tranquil, low-maintenance backyard, featuring pavers, artificial turf, Arizona Bamboo for privacy and a pergola--perfect for relaxing, entertaining, or enjoying Arizona evenings. Just minutes from Mary and Moses Green Park offering tennis, pickleball and basketball courts, playing fields, picnic and grilling areas, Ramadas, and a playground. Located within the top-rated Kyrene Elementary School District, shopping, dining, entertainment and easy access to major freeways including the 101, 202, 60, and I-10. Come discover all that makes this Warner Ranch home such a special place to call your own!

284 W Vera Lane, Tempe

$485,000
3 Beds 2 Baths 7068007 MLS 1,566 SqFt.
Welcome to this inviting 3-bedroom, 2-bath ranch-style home offering a 2-car garage, no HOA and comfortable indoor-outdoor living in a convenient Tempe location. An inviting front patio creates a welcoming first impression and an additional spot to enjoy Arizona mornings and evenings. Inside, the home features a functional, flexible layout with plenty of room to make it your own. The spacious great room flows into a separate family room featuring custom wood built-in cabinetry and a cozy gas fireplace, with additional space for a formal dining area. The kitchen is finished with espresso shaker-style cabinetry, granite countertops, stainless steel appliances and a breakfast bar, creating an easy connection between cooking, dining and everyday living. Both bathrooms feature updated vanities, while the primary bath includes a walk-in shower with sliding glass doors. Additional highlights include dual-pane windows, ceiling fans throughout and a newer roof, adding comfort and value to the home. Out back, an extended-length covered patio creates a generous shaded outdoor living area with plenty of room for dining, grilling, entertaining or simply unwinding at the end of the day. Low-maintenance desert landscaping keeps the outdoor spaces easy to enjoy without demanding your weekends. The location adds even more appeal, walking distance to Optimist Park & the nearby Kiwanis Park including a lake, trails, sports fields, playgrounds, tennis, swimming, a dog park & recreation center. With convenient access to US 60 and Loop 101, Downtown Tempe, ASU, Scottsdale, Mesa, Chandler, shopping, dining & everyday conveniences are all within easy reach.

5502 S Hazelton Lane, Tempe

$2,995
4 Beds 3 Baths 7067635 MLS 2,144 SqFt.
No Application Fees! Spacious 4 bedroom, 3 bathroom Tempe home offering an open floor plan and excellent living space throughout. This beautifully maintained home features wood laminate flooring throughout the entire first floor, two-tone neutral paint, soaring vaulted ceilings, 2-inch faux wood window blinds, ceiling fans in each room, and abundant natural lighting. The versatile floor plan includes a large open living room with a cozy fireplace, separate family room, formal dining area, and spacious upstairs loft that is perfect for a home office, media room, game room, or additional living area. The beautifully updated kitchen features quartz countertops, subway tile backsplash, upgraded soft-close cabinetry, additional pantry storage, stainless steel appliances, and ample cabinet and counter space. All four bedrooms are located on the second floor, including the oversized primary suite featuring a large walk-in closet, upgraded vanity, and private attached bathroom. A full-size washing machine and dryer are included for added convenience, and the attached two-car garage provides ample parking and storage space. The spacious backyard features an extended patio area with plenty of room for outdoor relaxation or entertaining. Convenient central Tempe location close to neighborhood parks, shopping, restaurants, golf courses, Arizona State University, Downtown Tempe, and major employment centers. Easy access to Loop 101, Loop 202, US-60, I-10, Phoenix Sky Harbor International Airport, and the many recreational and entertainment opportunities throughout Tempe and the East Valley. All Our residents are automatically enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes Renter's Liability Insurance, Credit Building to help boost the resident's credit scores with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), our best-in-class resident rewards program, and much more!

1529 E Edgewater Drive, Tempe

$264,900
2 Beds 2 Baths 7067585 MLS 987 SqFt.
Located on an interior corner within beautifully-maintained University Shadows, this remodeled 2 bedroom, 2 bath 'patio home' pairs architectural character with 2 private outdoor spaces and a walkable, connected location. Most windows and doors opens to one of the gated outdoor space, enhancing the home's seamless indoor/outdoor living. The private entry patio with beamed overhang is accessible from both the living and dining areas. Enjoy soaring 10' beamed ceilings in the living space, cohesive tile flooring throughout and sliding glass doors that fill the interior with gorgeous natural light. Expanded beyond its original footprint, the remodeled kitchen offers a rare eat-in dining nook and a breakfast bar. The kitchen features warm, wood-tone cabinetry, slab granite countertops, under-mount sink, textural stone backsplash and stainless steel + black appliances. Both bathrooms have been fully remodeled with tiled showers, updated vanities, slab granite counters and cohesive finishes. The primary suite's sliding glass door opens to a block-fenced private yard with low-maintenance gravel landscape and gated access. Additional features include a private exterior laundry room with washer/dryer included, HVAC replaced in 2017, 1 covered assigned parking space and ample unassigned parking. HOA covers exterior maintenance, including roofs and skylights, as well as trash collection. The HOA is scheduled to update the roof and skylight in early October. Recently refreshed community amenities include a pool + heated spa and a tennis court with ½-court basketball. The location seals the deal! Walk to Cubs Spring Training at Sloan Park (.5 miles) as well as Riverview Park (1 mile), with Mesa Riverview and Tempe Marketplace both approx 1.5 miles from the property for all your shopping and dining needs. ASU is close by, as well (~3.7 miles). Nearby light rail provides even greater connectivity throughout the Valley. Remodeled, private and perfectly positioned, this tucked-away patio home offers easy living close to the best of Tempe and beyond.

2446 E 5th Place, Tempe

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