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Tempe Arizona Area Information

View Tempe AZ Area Information and real estate listings of homes for sale in Tempe AZ near ASU main campus (photo) - Sam Elam, Berkshire Hathaway HomeServices Arizona Properties

Tempe AZ Area Information


Tempe Arizona Area Information includes Tempe real estate market stats, major employers and condos and homes for sale in Tempe AZ displayed by home feature, school district, school, zip code, price range, popular subdivisions, etc.


About Tempe, Arizona ...

Since Tempe is the home to Arizona State University, the largest public school in the U.S, it is not surprising Tempe is a young community with the median age of 28.1 years and well educated with 42% of the residents having graduated from college and an average household income of $63,352. The sales tax is 9.3%. From 2000 to 2010 census, Tempe grew 2% over the past decade to a population of 161,719 residents.

The Tempe is a very desirable location close to downtown Phoenix and ASU with the rapid transit connections to Sky Harbor Airport and the Phoenix Metroplex. Building around Tempe Town Lake, ASU and I10 is transformational with some luxurious multi-million dollar condo penthouses having been built!

Tempe is centrally located close to the strongest employment areas in Phoenix, Scottsdale, Chandler and Gilbert. The fact that Tempe contains the nation's 5th largest airport and the largest U.S. university complex - only enhances its appeal to residents and employers.

The Light Rail Commuter system running through the heart of Tempe and is already attracting the attention of Tempe home buyers and employers such as Google. The Light Rail is proven so popular it has been extended eastward to Mesa Drive on Main Street.



Tempe has a strong employment base with prestigious major employers including: Arizona State University, Maricopa Community Colleges, Wells Fargo, Safeway, Kyrene School District, Salt River Project, NXP Semiconductor, Honeywell, City of Tempe, INSIGHT Direct, Team Security, IKON Office Solutions, Edward Jones and State Farm.

Tempe home buyers should consider the established neighborhood of homes for sale in Tempe, high availability of amenities and shorter commute times when shopping for a community to call home. The Tempe Town Lake district is an extremely popular "in spot" and you will love the sidewalk cafes to people watch just like they do in Paris. Tempe is a very good option well worth your serious consideration.


Tempe community profile provides the town's history, employers and utilities.

Tempe Chamber of Commerce provides additional business data.

Tempe demographic data includes population studies, schools information and employment in the area.

Tempe economic development in and around Sky Harbor Airport and ASU remains a vital economic engine within the Phoenix Metro area.

Fun attractions and things to do in the Tempe Mill District.



Closed sales of Homes for sale in Tempe AZ is UP 20%, average SOLD price is UP 4% while inventory is at 3.8 months, comparing Tempe real estate MLS data in February 2017 vs. February 2016. See the table below for full details.

Price Comparison of Detached and Attached Tempe Properties - Average December 2016 SOLD price of Tempe homes for sale is $289,374 and the average sales price of Tempe Condos, Town, Patio and Lofts for sale is $200,254.

Tempe Arizona real estate market remains a Seller's market with rising sales, higher prices and a 3.8 month supply of unsold homes based upon the current absorption rate. The fact prices for attached and detached homes for sale in Tempe AZ are up over last month and have nearly returned to where they were a year ago portends well for Tempe real estate.


Tempe AZ Real Estate Monthly Market Summary - Homes Only

February 2016
Active Listings - 407
Closed Listings - 82
Avg Closed Price - $276,969
Med Closed Price - $246,000
Months Inventory - 5.0
Days On Market (Closed) - 67
February 2017
Active Listings - 375 (-7%)
Closed Listings - 99 (+20%)
Avg Closed Price - $289,374 (+4%)
Med Closed Price - $265,000 (+7%)
Months Inventory - 3.8
Days On Market (Closed) - 68 (+1%)

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Tempe Arizona SchoolsReview 2015 - 2016 school year Letter Grades for Tempe schools from the Arizona Department of Education. Tempe students may attend school at either the Kyrene Elementary School District in South Tempe or Tempe Elementary School District serving the North Tempe area.

Students from both elementary school districts will attend high school within Tempe Union High School District.




Looking for homes for sale in Tempe AZ served by the highest rated Tempe schools located in the best performing school districts or a favorite school?

See homes for sale in Tempe AZ in the Kyrene Elementary School District and Tempe Union High School District.

Here are the Tempe homes for sale in the Tempe Elementary School District and Tempe Union High School District.



Search Tempe homes for sale by Tempe zip code: 85281, 85282, 85283, 85284.

Contact Sam today for help with your Tempe AZ home.


Search Tempe Real Estate for Sale by Feature

Tempe Pool Homes Tempe Condos
Tempe Golf Homes Tempe Gated Communities
Tempe Luxury Homes Tempe Waterfront Properties
Tempe Retirement Communities Tempe AZ Foreclosures


Please return often as Tempe real estate listings of homes for sale in Tempe AZ are continuously updated.

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Comprehensive information resource for Phoenix AZ homes for sale, Phoenix Real Estate Investment Property for sale in Chandler, Gilbert, Mesa, Scottsdale and Tempe Arizona.