Home ValuePros

Market Intelligence · AZ / Tempe

Tempe, AZ 85283 Housing Market

The typical home value in Tempe's 85283 ZIP is $452,842, down 0.6% over the past year. The median list price sits at $525,000, with homes spending a median of 51 days on market.

Updated August 2026Median value$449K

The median home value in Tempe, AZ 85283 is $449K 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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Typical 85283 range

$413K to $484K

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

-0.3% over 12 months

Typical home value in 85283 over the last 12 months: $450K in Aug 2025 to $449K in Aug 2026 (-0.3%).

Aug 2025$450K

Aug 2026$449K

The numbers

What is the 85283 housing market like?

Typical home value

$449K

Down0.3%YoY

Median list price

$525K

Down1.9%MoM

Days on market

51

Up21.4%MoM

Homes for sale

104

Up7.2%MoM

Price cuts

44.9%

Up121.3%MoM

New listings

44

Down4.3%MoM

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

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The comparison

How do 85283 home prices compare?

  • 85283$448,610
  • Tempe$454,408
  • Arizona$388,803
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Tempe: 4 ZIPs; Arizona: 300 ZIPs; United States: 26,265 ZIPs).

Context

As of August 2026, there are 104 homes for sale in 85283, with 44 new listings recently added to the market. The median days on market of 51 suggests a moderate pace of sales activity. What stands out is that 44.9% of listings have seen price cuts, a sign that sellers are adjusting expectations. The year-over-year decline in typical home value, though modest at 0.6%, reflects a cooling market. If you're thinking about selling, the data suggests you should price realistically from the start and be prepared for a buyer's market.

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