United States > Arizona > Maricopa > Tempe

Tempe Arizona Housing Market Overview

The Tempe real estate market shows strong momentum in 2025, with a median home price of $499,000 and properties typically selling at 98.3% of list price. On average, properties receive about 2 offers and sell within 48 days, which outpaces the state average. The market maintains healthy activity, with 16.3% of homes selling above list price, while 26.6% see price adjustments. Demand remains robust in prime areas such as Downtown Tempe and The Lakes, driven by the presence of Arizona State University and expanding business districts.

The steady influx of buyers coming from Seattle, Los Angeles, and Dallas choosing Tempe creates consistent opportunities for sellers in this dynamic market. With properties averaging $304 per square foot, Tempe continuously attracts both local and out-of-state buyers seeking value in this vibrant community.

Why now is a good time to sell your property in Tempe Arizona

We serve throughout Tempe, including Downtown, The Lakes, and University Park. Our coverage encompasses all property types, from modern downtown condos to single-family homes located near Arizona State University. Our network actively seeks properties in Tempe’s diverse communities.

Understanding Tempe’s unique market dynamics, where homes typically spend 48 days listed, we offer a faster alternative that bypasses traditional selling hurdles while ensuring fair market value.

Experience a Better Way to Sell Your Tempe Home

Benefits of Owner Advocate

Benefits of Owner Advocate

With Tempe’s median home price at $499,000, avoiding the typical 5-6% realtor commission can save you approximately $25,000. Our network of buyers is prepared to purchase homes in any condition throughout Tempe, making the selling process truly hassle-free. Our streamlined approach eliminates the traditional 48-day market waiting period, which is perfect for sellers needing a quick and certain closing.
The process includes sharing your property details and timeline, assessing your home based on current market conditions, receiving our no-obligation offer within 72 hours, and finally completing the sale in as few as 10 days. Whether you own a single-family home near ASU or a townhouse in Downtown Tempe, our process reflects current market values while prioritizing your convenience. With Tempe homes averaging $304 per square foot, we ensure competitive offers that align with market conditions.
$499,000
Median Sale Price
98.3%
List Price to Sale Price Ratio
48
Median Days on Market
$304
Price Per Square Foot
16.3%
Percent of Sales Over List Price
26.6%
Percent of Listings with Price Cuts
86
Number of Homes Sold (Month)
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Tempe Key Takeaways
Median Sale Price:
$499,000
Scottsdale housing market is changing
$499,000
The average home value is $499,000 and goes to pending in around 48 days.
48
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Tempe Arizona?

Life’s unexpected turns often require quick decisions regarding your Tempe home. Whether facing a sudden job transfer, financial pressures, or managing an inherited property, many homeowners need a swift solution.

In Tempe’s current market, where homes typically spend 48 days listed, traditional selling isn’t always a viable option. Common situations include job relocations, financial challenges requiring immediate resolution, inherited properties needing swift attention, divorce situations asking for rapid property division, and foreclosure prevention efforts to protect credit.

With Tempe’s median home price at $499,000, a fast cash sale provides the certainty and speed needed, eliminating the uncertainty often associated with traditional selling methods.

Frequently Asked Questions About Selling Your Tempe Home

Q: How quickly can you close on my Tempe home?

A: We can close in as few as 10 days after offer acceptance, compared to the typical 48-day market timeline. You’ll receive our cash offer within 72 hours of our first viewing of your property.

Q: Do you purchase homes in as-is condition?

A: Yes, our network buys Tempe homes in any condition — no repairs or improvements are needed. This applies to all neighborhoods and property types.

Q: What fees or commissions should I expect?

A: There are zero fees or commissions. We cover all closing costs, saving you thousands compared to traditional sales.

Q: How does your home buying process work?

A: Contact us with your property details, receive an offer within 72 hours, and close in as few as 10 days. We handle all the paperwork and logistics for you.

Q: Can I sell if I’m behind on payments or facing foreclosure?

A: Yes, we assist homeowners in challenging financial situations with quick, confidential closings to avoid foreclosure.

Get Top Dollar for your Home

Ready to sell your Tempe home quickly? Get a cash offer within 72 hours and close in as few as 10 days. Skip the traditional 48-day market waiting period and eliminate realtor commissions on Tempe’s median home price of $499,000.
Why Choose Us:
  • Fast cash offers within 72 hours
  • Quick closing in 10 days
  • No commissions or closing costs
  • No repairs or renovations needed

Whether you own property in Downtown Tempe, University Park, or The Lakes, we make selling simple and straightforward. Contact us now to discover your property’s value and experience the easiest way to sell your home in Tempe.