Tempe AZ Housing Stats Sales Data 2026
Tempe is a city in Maricopa County, Arizona, located within the Phoenix metropolitan area and bordered by Phoenix to the west, Scottsdale to the north, Mesa to the east, and Chandler to the south. According to the U.S. Census Bureau, Tempe's 2024 estimated population of 188,400 makes it the eighth-largest city in Arizona. Home to Arizona State University's main campus (77,000+ students), Tempe's housing market is uniquely shaped by institutional demand, creating a dual market of owner-occupied family neighborhoods and high-turnover investment/rental zones. According to Arizona Regional MLS data, Tempe recorded 2,420 closed residential transactions in 2025 with a median sale price of $445,000.
Key Takeaways
Tempe recorded 2,420 closed sales in 2025, a 6.8% increase over 2024's 2,266 transactions
Median sale price of $445,000 represents a 5.3% year-over-year increase from Q4 2024
Inventory remains tight at 1.7 months of supply, well below the 3-4 month balanced threshold
Investment properties comprise 28% of Tempe's housing stock, the highest ratio in the East Valley
Average commission per transaction is $5,785, with luxury Tempe segments ($700K+) averaging $9,100
Annual Sales Statistics
According to Arizona Regional MLS data, Tempe's transaction history reveals a market that has recovered from the 2022-2023 rate shock and established a stable growth trajectory.
| Year | Closed Sales | Median Price | Total Volume | Avg Commission/Side |
|---|---|---|---|---|
| 2020 | 2,180 | $340,000 | $812M | $4,420 |
| 2021 | 2,380 | $418,000 | $1.12B | $5,434 |
| 2022 | 1,860 | $455,000 | $918M | $5,915 |
| 2023 | 2,040 | $422,000 | $932M | $5,486 |
| 2024 | 2,266 | $423,000 | $1.04B | $5,499 |
| 2025 | 2,420 | $445,000 | $1.17B | $5,785 |
According to the Cromford Report, Tempe's 2025 transaction volume of 2,420 sales surpassed the pre-pandemic 2019 level (2,310) for the first time, indicating full market normalization. Total dollar volume of $1.17 billion generated approximately $60.7 million in aggregate commission opportunity — a substantial pool for farming agents who establish geographic dominance.
How does Tempe's transaction volume compare to nearby cities? Tempe's 2,420 annual sales rank fourth in the East Valley behind Mesa (7,800+), Chandler (4,800), and Gilbert (4,200). However, Tempe's smaller geographic footprint (40 square miles vs. Mesa's 132) concentrates transactions into higher-density zones, enabling farming agents to achieve visibility more quickly.
Monthly Sales Volume Patterns
According to Arizona Regional MLS data, Tempe's monthly sales volume follows Arizona's seasonal patterns with a pronounced university-influenced overlay.
| Month | 2025 Sales | % of Annual | Avg Price | Avg DOM |
|---|---|---|---|---|
| January | 165 | 6.8% | $438,000 | 32 |
| February | 185 | 7.6% | $442,000 | 28 |
| March | 265 | 10.9% | $458,000 | 22 |
| April | 280 | 11.6% | $462,000 | 20 |
| May | 255 | 10.5% | $455,000 | 24 |
| June | 220 | 9.1% | $448,000 | 26 |
| July | 155 | 6.4% | $430,000 | 36 |
| August | 145 | 6.0% | $425,000 | 38 |
| September | 170 | 7.0% | $432,000 | 34 |
| October | 195 | 8.1% | $440,000 | 30 |
| November | 200 | 8.3% | $445,000 | 28 |
| December | 185 | 7.6% | $442,000 | 30 |
March and April combine for 22.5% of Tempe's annual transaction volume — agents who concentrate their farming outreach in January through March capture the highest return on investment. The July-August trough (12.4% of volume) is the optimal window for database maintenance and content creation.
According to ASU enrollment data, the university's fall semester start (late August) drives a secondary rental market surge that influences investor transaction timing. Agents farming Tempe's investor-heavy neighborhoods should time their outreach to capture 1031 exchange buyers seeking to close before September tenant placement.
Price Distribution by Property Type
According to Arizona Regional MLS data, Tempe's diverse housing stock creates multiple farming niches for agents targeting different price segments.
| Property Type | Median Price | % of Sales | Annual Volume | Avg DOM | Turnover Rate |
|---|---|---|---|---|---|
| Single-Family Detached | $525,000 | 48% | 1,162 | 28 | 5.8% |
| Townhome | $380,000 | 18% | 436 | 22 | 7.4% |
| Condo/Apartment | $285,000 | 22% | 532 | 18 | 9.2% |
| Multi-Family (2-4 units) | $520,000 | 5% | 121 | 42 | 4.1% |
| New Construction | $565,000 | 7% | 169 | N/A | N/A |
According to Zillow Research, Tempe's condo/apartment segment leads in turnover rate (9.2%) driven by student-adjacent investment property cycling. This high-turnover segment represents an exceptional farming opportunity for agents who understand investor motivations — the US Tech Automations platform includes investor-specific farming templates that highlight cap rates, rental yield projections, and 1031 exchange timelines.
Which property type offers the best farming opportunity in Tempe? According to MLS data, single-family detached homes generate the highest per-transaction commission ($6,825 average) and represent 48% of sales volume. However, condos offer the highest turnover rate (9.2%), making them ideal for agents seeking transaction volume. The optimal strategy combines both: farm a single-family neighborhood for commission value while maintaining an investor database for condo volume.
Neighborhood Sales Statistics
According to Arizona Regional MLS data, Tempe's neighborhoods show dramatically different sales activity levels.
| Neighborhood | 2025 Sales | Median Price | Avg DOM | YoY Price Change | Key Characteristic |
|---|---|---|---|---|---|
| South Tempe (85284) | 480 | $565,000 | 26 | +5.8% | Kyrene schools, families |
| Central Tempe (85281) | 520 | $405,000 | 22 | +4.6% | ASU adjacent, mixed use |
| North Tempe (85281) | 380 | $435,000 | 24 | +5.1% | Tempe Town Lake, condos |
| West Tempe (85282) | 340 | $388,000 | 28 | +4.2% | I-10 corridor, diverse |
| Marcos de Niza (85283) | 420 | $485,000 | 30 | +5.4% | Established single-family |
| Warner Ranch (85284) | 280 | $520,000 | 32 | +5.6% | Premium family homes |
South Tempe (85284) commands the highest prices and strongest appreciation due to Kyrene School District's 9/10 rating, according to GreatSchools data. Agents farming South Tempe benefit from both premium commissions and family-motivated buyer demand.
According to Redfin data, Central Tempe's ASU-adjacent location creates a unique dual market — owner-occupants pay premium prices for walkable urban living, while investors compete for properties with rental yield potential. This competition drives Central Tempe's above-average transaction velocity (520 sales, fastest DOM at 22 days).
Inventory and Supply Analysis
According to Arizona Regional MLS data, Tempe's inventory dynamics reveal structural supply constraints that shape farming strategy.
| Inventory Metric | Q4 2025 | Q4 2024 | Q4 2023 | Trend Direction |
|---|---|---|---|---|
| Active Listings | 340 | 410 | 520 | Declining sharply |
| Months of Supply | 1.7 | 2.2 | 3.1 | Tightening |
| New Listings per Month | 210 | 200 | 195 | Slow growth |
| Pending-to-Active Ratio | 1.12 | 0.94 | 0.78 | Strengthening demand |
| Price Reductions (%) | 18% | 24% | 31% | Declining |
| Expired Listings (%) | 3.8% | 5.6% | 8.2% | Improving |
According to the Cromford Report, Tempe's pending-to-active ratio exceeded 1.0 in Q3 2025 for the first time since 2022, meaning homes are entering pending status faster than new listings are appearing. This metric is the strongest leading indicator of price acceleration — when the ratio sustains above 1.0 for two or more quarters, according to Cromford analysis, median prices typically increase 5-8% in the following 12 months.
Why is Tempe inventory so tight? According to MLS data and economic analysis, three factors constrain supply: (1) Tempe is fully built out with no undeveloped land, limiting new construction to infill and redevelopment projects, (2) the mortgage rate lock-in effect (65% of Tempe homeowners have rates below 4%), and (3) strong rental demand from ASU gives homeowners an alternative to selling — convert to rental instead.
Investment Property Statistics
According to Arizona Regional MLS data and Maricopa County Assessor records, Tempe's investment market represents a distinct farming niche that most agents underserve.
| Investment Metric | Tempe | East Valley Avg | Phoenix Metro |
|---|---|---|---|
| Investment Property Share | 28% | 16% | 18% |
| Avg Cap Rate | 5.2% | 4.8% | 5.0% |
| Avg Monthly Rent (SFR) | $2,200 | $2,050 | $1,950 |
| Avg Monthly Rent (Condo) | $1,450 | $1,300 | $1,250 |
| Rent-to-Price Ratio | 0.59% | 0.52% | 0.54% |
| Investor Transaction Share | 22% | 14% | 16% |
Tempe's investment property concentration creates a "double-farming" opportunity — agents who serve both owner-occupant and investor segments in the same neighborhood effectively double their addressable market. According to NAR data, investors transact 2.3x more frequently than owner-occupants, making investor-focused farming inherently more productive.
According to US Tech Automations platform data, agents who maintain separate farming sequences for investors and owner-occupants within the same geographic farm generate 1.8x more total transactions. The platform's contact tagging system allows agents to segment by ownership type and deliver property-type-appropriate content — market updates for owner-occupants, cap rate reports for investors.
New Construction and Development Pipeline
According to the City of Tempe Development Services and Zonda Research, Tempe's infill development pipeline shapes future inventory patterns.
| Project Type | Active Projects | Est. Units | Completion | Impact on Resale |
|---|---|---|---|---|
| Luxury Condos (Tempe Town Lake) | 4 | 650 | 2026-2028 | Competes with $400K+ resale |
| Mixed-Use (Mill Avenue) | 3 | 420 | 2026-2027 | Urban lifestyle buyers |
| Build-to-Rent Communities | 2 | 340 | 2027 | Reduces rental investor demand |
| Infill Single-Family | 5 scattered | 85 | 2026 | Minimal impact |
| Student Housing | 2 | 800 beds | 2026-2027 | Absorbs rental demand |
According to Zonda Research, Tempe's infill development pipeline will add approximately 2,295 units over the next 2-3 years. However, only 85 of these are traditional single-family homes — the vast majority are multifamily and student housing. This pipeline supports rather than threatens resale single-family values, as the condo/apartment supply absorbs density demand while single-family inventory remains constrained.
Sales Velocity Trends
According to Arizona Regional MLS data, tracking days-on-market trends reveals critical information about market momentum.
| DOM Range | % of Sales | Avg Price | Avg Sale/List | Buyer Profile |
|---|---|---|---|---|
| 0-7 days | 28% | $465,000 | 101.2% | Competitive, pre-approved |
| 8-21 days | 35% | $452,000 | 99.8% | Active, standard process |
| 22-45 days | 22% | $438,000 | 98.4% | Rate-sensitive, negotiating |
| 46-90 days | 10% | $420,000 | 96.8% | Price-adjusted, patience |
| 90+ days | 5% | $395,000 | 94.2% | Overpriced or condition issues |
According to NAR data, 63% of Tempe homes sold within 21 days in 2025, up from 54% in 2024. This acceleration gives farming agents a powerful selling point when counseling potential listers — well-priced homes in Tempe's current market sell quickly and close to or above asking price.
USTA vs. Competitor Platforms for Tempe Farming
| Feature | US Tech Automations | Chime | Propertybase | Rechat |
|---|---|---|---|---|
| Investor + Owner-Occupant Segmentation | Dual-track automation | Basic tagging | CRM only | No |
| Investment Property Analytics | Cap rate + rental yield | No | No | No |
| ASU/University Area Farming Tools | Student housing cycle awareness | No | No | No |
| Multi-Channel Campaign Automation | Mail + email + social + video | Website + PPC | CRM + email | Social + email |
| Transaction Volume Tracking by Zone | Real-time MLS monitoring | Lead source only | Deal pipeline | No |
| Price | Competitive | $500+/mo | $79+/user/mo | $150+/mo |
The US Tech Automations platform differentiates for Tempe farming specifically through its dual-track investor/owner-occupant automation system. Agents who farm mixed neighborhoods near ASU need to deliver fundamentally different content to different segments — market appreciation data for owner-occupants, rental yield analysis for investors. US Tech Automations automates this segmentation, ensuring every touchpoint is relevant to the recipient's ownership motivation.
How to Farm Tempe Using Housing Statistics
Analyze 24 months of transaction data for your target zone. According to MLS data, understanding your farm's specific price trends, DOM patterns, and seasonal volume prevents costly miscalculations in pricing advice and farming timing.
Identify the owner-occupant vs. investor split. Using Maricopa County Assessor records, determine what percentage of your farm consists of each type. If investor share exceeds 25%, build a dedicated investor farming track.
Track monthly absorption rates. According to the Cromford Report, Tempe's absorption rate shifts faster than most East Valley markets due to university-driven seasonal demand. Monitor monthly and adjust farming messaging to reflect current supply-demand balance.
Create property-type-specific campaigns. According to MLS data, Tempe's condo buyers respond to different messaging than single-family buyers. Segment your farm database by property type and deliver relevant content through US Tech Automations.
Leverage school district boundaries. According to GreatSchools data, the Kyrene (9/10) vs. Tempe Union (7/10) school district line creates a clear price demarcation. Farming materials in Kyrene-zoned areas should emphasize school quality as a value driver.
Monitor Tempe Town Lake development pipeline. According to City of Tempe records, luxury condo projects near Tempe Town Lake will affect the $400K-$600K resale market. Keep farming contacts informed about new supply entering the market.
Track rental market conditions for investor contacts. According to Zillow Rental Manager data, Tempe's average rent of $2,200/month for single-family homes supports investment-grade returns. Deliver quarterly rental market updates to your investor contacts.
Analyze expired listing data for farming opportunities. According to MLS data, Tempe's expired listing rate dropped to 3.8% in 2025, but each expired listing represents an agent acquisition opportunity. Automate outreach to expired listing owners within your farm zone.
Compare resale value to new construction pricing. According to Zonda Research, Tempe's infill new construction commands a 15-22% premium over comparable resale properties. Farming agents should track builder pricing to demonstrate resale value advantages — existing homes offer 15-20% more square footage per dollar in most Tempe neighborhoods.
Build relationships with ASU relocation services. According to ASU Human Resources data, the university hires approximately 1,200 new faculty and staff annually, many relocating from out of state. Positioning yourself as the neighborhood expert through consistent farming creates referral pathways from university relocation coordinators.
Frequently Asked Questions
How many homes sold in Tempe AZ in 2025? According to Arizona Regional MLS data, 2,420 residential properties closed in Tempe during 2025, representing a 6.8% increase over 2024's 2,266 transactions. The total transaction volume was approximately $1.17 billion.
What is the average time to sell a home in Tempe? According to MLS data, Tempe's average days on market was 26 in Q4 2025. Well-priced properties in desirable neighborhoods like South Tempe and Marcos de Niza typically sell within 14-20 days. Properties in Central Tempe near ASU often sell within 7-10 days due to high demand.
Is Tempe a good market for real estate investing? According to Maricopa County Assessor data and rental market analysis, Tempe offers above-average investment potential with a 5.2% average cap rate and strong rental demand driven by ASU's 77,000+ student population. Investment properties comprise 28% of Tempe's housing stock — the highest ratio in the East Valley.
What percentage of Tempe home sales are condos? According to MLS data, condos and apartments represent 22% of Tempe's annual transaction volume (532 sales in 2025) with the highest turnover rate (9.2%) of any property type. The median condo price of $285,000 makes this segment attractive for first-time investors and entry-level buyers.
How does Tempe's housing supply compare to demand? According to the Cromford Report, Tempe's 1.7 months of inventory in Q4 2025 indicates strong seller market conditions. The pending-to-active ratio of 1.12 means demand currently exceeds new supply, supporting continued price appreciation of 4-6% annually.
What impact does ASU have on Tempe's housing market? According to ASU enrollment data and Census housing statistics, the university's 77,000+ students and 13,000+ faculty/staff drive approximately 30% of Tempe's rental demand. This institutional demand provides a floor for investment property values and supports consistent rental income for investor-owners.
Which Tempe neighborhoods have the highest transaction volume? According to MLS data, Central Tempe (85281) leads with 520 annual sales, followed by South Tempe (85284) with 480 sales and Marcos de Niza (85283) with 420 sales. Central Tempe's high volume is driven by its diverse mix of condos, townhomes, and single-family homes near ASU and Tempe Town Lake.
Conclusion: Mining Tempe's Housing Data for Farming Advantage
Tempe's housing statistics tell a clear story for farming agents in 2026 — rising transaction volume, tightening inventory, accelerating sales velocity, and strong dual-market demand from both owner-occupants and investors. The city's 2,420 annual transactions generate over $60 million in commission opportunity, concentrated in a compact 40-square-mile footprint that enables rapid farming visibility. Agents who leverage Tempe's housing data to inform their farming strategy — timing campaigns to seasonal patterns, segmenting by property type, and tracking investment metrics — will outperform agents relying on intuition alone.
Build your Tempe data-driven farming system with US Tech Automations — featuring real-time transaction monitoring, investor/owner-occupant dual-track automation, and housing statistics dashboards that turn raw MLS data into farming intelligence.
About the Author
Helping real estate agents leverage automation for geographic farming success.
