Market Intelligence · AZ / Tempe

Tempe, AZ 85282 Housing Market

The typical home value in Tempe, AZ 85282 is $456,769, down 0.1% over the past year as of September 2026. The median list price is $469,900, and homes are taking a median of 65 days to sell.

Updated September 2026Median value$457K

The median home value in Tempe, AZ 85282 is $457K as of September 2026, down 0.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 85282 range

$420K to $493K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.1% over 12 months

Typical home value in 85282 over the last 12 months: $457K in Sep 2025 to $457K in Sep 2026 (-0.1%).

Sep 2025$457K

Sep 2026$457K

The numbers

What is the 85282 housing market like?

Typical home value

$457K

Down0.1%YoY

Median list price

$470K

Up4.5%MoM

Days on market

65

Up12.1%MoM

Homes for sale

124

Up1.6%MoM

Price cuts

43.0%

Up24.4%MoM

New listings

34

Down39.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

85282 housing market forecast 2027

-1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 85282 to fall 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 85282 fell 0.1%, per the Zillow Home Value Index.

Will home prices drop in 85282?

Zillow's forecast says they may: it expects typical home values in 85282 to fall 1.7% by September 2027, after a 0.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 85282 home prices compare?

  • 85282$456,769
  • Tempe$451,799
  • Arizona$385,442
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Tempe: 4 ZIPs; Arizona: 300 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 124 homes for sale in 85282, with 34 new listings entering the market. The median days on market sits at 65, which points to a slower pace than a fast-moving seller's market. A notable 43.0% of listings have taken a price cut, and the typical home value of $456,769 is down 0.1% over the past year. Buyers have room to negotiate here. For a seller, realistic pricing from day one matters more than testing the market high.

Monthly payment

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20% · $91,354

Common questions

What people ask us.

How much is a home in 85282 worth?

The typical home value in 85282 is $456,769 as of September 2026, down 0.1% over the past year. The median list price is $469,900.

How long does it take to sell a home in 85282?

Homes in 85282 are spending a median of 65 days on market as of September 2026.

Are sellers cutting prices in 85282?

Yes. As of September 2026, 43.0% of listings in 85282 have had a price cut.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.