Market Intelligence · AZ / Tempe

Tempe, AZ 85282 Housing Market

Homes in Tempe, AZ 85282 have a typical value of $464,870, down 0.7% over the past year. The median list price stands at $449,800, with homes staying on the market for a median of 51 days.

Updated August 2026Median value$465K

The median home value in Tempe, AZ 85282 is $465K as of August 2026, down 0.7% 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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Typical 85282 range

$428K to $502K

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

-0.7% over 12 months

Typical home value in 85282 over the last 12 months: $468K in Jul 2025 to $465K in Jul 2026 (-0.7%).

Jul 2025$468K

Jul 2026$465K

The numbers

What is the 85282 housing market like?

Typical home value

$465K

Down0.7%YoY

Median list price

$450K

Flat0.0%MoM

Days on market

58

Up13.7%MoM

Homes for sale

122

Up3.4%MoM

Price cuts

34.6%

Down1.2%MoM

New listings

56

Up47.4%MoM

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

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The comparison

How do 85282 home prices compare?

  • 85282$464,870
  • Tempe$458,856
  • Arizona$392,647
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Tempe: 4 ZIPs; Arizona: 300 ZIPs; United States: 26,266 ZIPs).

Context

As of July 2026, there are 118 homes for sale in the 85282 ZIP code, with 38 new listings added recently. The median days on market of 51 suggests a moderately paced sales cycle. A meaningful indicator of buyer hesitation is that 35.0% of listings have received a price cut. The slight decline in typical home value combined with the share of price reductions points to a market where sellers should be realistic about pricing and prepared for negotiation.

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