Market Intelligence · AZ / Tempe

Tempe, AZ 85283 Housing Market

In Tempe's 85283 ZIP code, the typical home value is $452,949, down 0.9% over the past year. The median list price sits at $547,000, and homes are taking a median of 47 days to sell as of June 2026.

Updated June 2026Median value$453K

The median home value in Tempe, AZ 85283 is $453K as of June 2026, down 0.9% 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 85283 range

$417K to $489K

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

-0.9% over 12 months

Typical home value in 85283 over the last 12 months: $457K in Jun 2025 to $453K in Jun 2026 (-0.9%).

Jun 2025$457K

Jun 2026$453K

The numbers

What is the 85283 housing market like?

Typical home value

$453K

Down0.9%YoY

Median list price

$547K

Days on market

47

Down4.1%MoM

Homes for sale

79

Price cuts

29.0%

New listings

48

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

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The comparison

How do 85283 home prices compare?

  • 85283$452,949
  • Tempe$460,728
  • Arizona$393,310
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Tempe: 4 ZIPs; Arizona: 300 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 79 homes for sale in 85283, with 48 new listings added recently. The median list price is $547,000, while the typical home value is $452,949, down 0.9% over the past year. Homes are taking a median of 47 days on market, and 29.0% of listings have had a price cut. For sellers, the data points to a slower market where pricing carefully and expecting some negotiation makes sense.

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