Tempe, AZ home prices
Tempe, AZ is flat, a premium-priced area.
Momentum-0.2%Flat
Vs typical+29%Premium
Rental yield4.2%Low yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $145,997 → today: $469,844 (3.2×)
Typical home value
$469,844
Zillow ZHVI
Since 2000
+221.8%
Rank in AZ
#40
of 160 cities
Median rent
$1,638/mo
4.2% gross yield
Market read
At $469,844, homes in Tempe are 29% above the typical AZ city ($365,130), ranking #40 of 160 we track in the state.
Prices are down 0.2% over the last year.
Tempe sits in Maricopa County — see the full county market data →
Home value history
Zillow Home Value Index, yearly.
Other cities in Arizona
Paradise Valley · Carefree · Cave Creek · Fort McDowell · Sedona · Scottsdale
Frequently asked questions
What is the average home price in Tempe, AZ?
The typical Tempe, AZ home is worth $469,844 — 29% above the typical Arizona city ($365,130).
Are home prices in Tempe rising?
Tempe home values have risen +221.8% since 2000, and moved -0.2% in the last year.
What is the rental yield in Tempe?
Median rent is $1,638/mo, a gross yield of about 4.2%.
What county is Tempe in?
Tempe is in Maricopa County, where you can see full county market data.
| Year | Tempe, AZ home value |
|---|---|
| 2000 | $145,997 |
| 2001 | $154,863 |
| 2002 | $161,968 |
| 2003 | $171,442 |
| 2004 | $192,398 |
| 2005 | $274,654 |
| 2006 | $286,323 |
| 2007 | $268,529 |
| 2008 | $211,549 |
| 2009 | $183,857 |
| 2010 | $162,378 |
| 2011 | $145,810 |
| 2012 | $178,016 |
| 2013 | $211,896 |
| 2014 | $221,706 |
| 2015 | $243,233 |
| 2016 | $260,389 |
| 2017 | $275,806 |
| 2018 | $297,266 |
| 2019 | $317,022 |
| 2020 | $364,655 |
| 2021 | $448,630 |
| 2022 | $480,086 |
| 2023 | $485,421 |
| 2024 | $487,647 |
| 2025 | $470,738 |
| 2026 | $469,844 |