Tempe Summary
The median sales price for homes in Tempe AZ for Feb 12 to Apr 12 was $135,000. This represents an increase of 3.8%, or $5,000, compared to the prior quarter and an increase of 5.9% compared to the prior year. Sales prices have depreciated 44.1% over the last 5 years in Tempe. The average listing price for Tempe homes for sale on Trulia was $277,846 for the week ending May 09, which represents an increase of 1.4%, or $3,944, compared to the prior week and an increase of 2.7%, or $7,403, compared to the week ending Apr 18. Average price per square foot for Tempe AZ was $95, a decrease of 76.3% compared to the same period last year. Popular neighborhoods in Tempe include Shalimar, Optimist Park NE, Sunset, Kiwanis Park, Meyer Park, and Pepperwood.