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Market Intelligence · AZ / Maricopa County

Tempe, AZ housing market

4 ZIP markets liveData updated August 2026Typical value$454K1-yr changeDown0.3%

The median home value in Tempe, AZ is $454K as of August 2026, down 0.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Tempe, by the numbers.

Typical home valueZillow ZHVI, August 2026
$454K
1-yr changeMedian across Tempe ZIPs
-0.3%
ZIP markets live8 tracked in Tempe
4
County
Maricopa County

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12-month value trend

-0.3% over 12 months

Typical home value in Tempe over the last 12 months: $456K in Aug 2025 to $454K in Aug 2026 (-0.3%).

Aug 2025$456K

Aug 2026$454K

Median Zillow home value index across Tempe's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Tempe home at $454,408, a 12-month move of -0.3%. Turning to what is for sale, Realtor.com counts 449 homes on the market, 184 newly listed, and a median asking price of $449,700 as of August 2026. Listings sit a median 51 days before selling, with 34.6% of active homes cutting their price. Taken together, the numbers describe a cooling market where pricing discipline is deciding which homes sell.

The numbers

What is the housing market like in Tempe, AZ?

Typical home value

$454K

Down0.3%YoY

Median list price

$450K

Days on market

51

Homes for sale

449

Price cuts

34.6%

New listings

184

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Tempe's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Tempe?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 8 Tempe ZIP codes in total; the remaining 4 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

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Top real estate agents in Tempe, AZ

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