All Home Types
Tempe, AZ Housing Market
What is the housing market like in Tempe today?
In October 2024, Tempe home prices were down 1.0% compared to last year, selling for a median price of $480K. On average, homes in Tempe sell after 40 days on the market compared to 37 days last year. There were 121 homes sold in October this year, up from 111 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
-1.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Tempe, AZ
$480,000
-1.0%
United States
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Tempe Migration & Relocation Trends
In Sep '24 - Nov '24, 30% of Tempe homebuyers searched to move out of Tempe, while 70% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Tempe from outside metros.
- Seattle homebuyers searched to move into Tempe more than any other metro followed by Los Angeles and Dallas.
Where are people moving to Tempe from?
- 70% of Tempe homebuyers searched to stay within the Tempe metropolitan area.
- Prescott Valley was the most popular destination among Tempe homebuyers followed by Show Low and Flagstaff.
Where are people from Tempe moving to?
Number of People Moving to Tempe
least
most
People are moving to Tempe from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 3,011 | ||
| 2 | 2,401 | ||
| 3 | 1,901 | ||
| 4 | 793 | ||
| 5 | 603 | ||
| 6 | 422 | ||
| 7 | 353 | ||
| 8 | 328 | ||
| 9 | 302 | ||
| 10 | 220 | ||
People are leaving Tempe for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,339 | ||
| 2 | 762 | ||
| 3 | 671 | ||
| 4 | 157 | ||
| 5 | 138 | ||
| 6 | 137 | ||
| 7 | 128 | ||
| 8 | 125 | ||
| 9 | 79 | ||
| 10 | 77 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Tempe.
Provided by First Street Foundation
Transportation in Tempe
Learn about the walkability, bikeability, and transit-friendliness of Tempe
Somewhat Walkable
Walk Score®
Some Transit
Transit Score®
Very Bikeable
Bike Score®
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