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2025 May Tempe AZ Housing Market Update

Tempe AZ Real Estate Housing Market Update

📈 May 2025 Tempe AZ Housing Market Trends Report, Statistics and House Value

Here are 2025 May Tempe AZ Housing Market Update and statistics for single family homes. Be sure to Contact Swee Ng Realtor®, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Tempe AZ as 6/3/2025, provided by the FlexMLS system.

May 2025 Tempe AZ Housing Market Update Highlights:
  • 2025 May number of new listings for homes for sale in Tempe AZ had increased about 9.6% from a year ago
  • May 2025 average sold price for single family home in Tempe is $661,830 and has appreciated about 15.7% from a year ago
  • Median sold price in May 2025 is $600,000, which is about 10.4% increased from May 2024
  • About 99% of single family home sold in Tempe in May 2025 are regular sales
  • May 2025 most expansive home sold in Tempe is sold for $2,475,000

Tempe AZ May 2025 Closed Sales Report Analysis

Based on May 2025 statistics, we saw about 2.0% decreased in the number of single family homes sold compared to a year ago. The statistics show that we have 99 single family homes sold in May 2025 in Tempe AZ compared to 101 in May 2024.

In May 2025, we saw 57 days on Market (DOM), compare to 58 days in May 2024. It took average 57 days to get your Tempe home sold in May 2025.

May 2025 Tempe Median Sold Price

May 2025 median sold price for single family home in Tempe is $600,000. Compare to a year ago, May 2024 median sold price is $543,501. The median sold price for single family home in Tempe had appreciated about 10.4% from a year ago.

May 2025 Tempe Median Sold Price was $600,000
Click here to view Homes for Sale in Tempe AZ Under $600,000

2025 May Tempe AZ Average Sold Price

May 2025 average sold price for single family homes in Tempe AZ is $661,830. Compare to last year May average sold price at $572,241, the average sold price had increased about 15.7% from a year ago.

There are 8 million dollars homes sold in Tempe in May 2025.

May 2025 Tempe Average Sold Price was $661,830
Click here to view Homes for Sale in Tempe AZ Under $650,000

May 2025 Average Sold Price Per Square Feet

The average sold price per square feet for May 2025 in Tempe is $314.00 per square feet, compare to $306.00 a year ago.

May 2025 Tempe Average Sold Price per square feet was $314
Click here to view Homes for Sale in Tempe AZ Under $250 per square feet

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

2025 May Housing Market Update by Tempe zip code

Tempe AZ zip codeMedian Sold PriceAverage Sold Price
Tempe AZ 85281$519,000$498,700
Tempe AZ 85282$599,000$616,545
Tempe AZ 85283$550,000$555,290
Tempe AZ 85284$815,000$947,252
💡 Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

Wondering how much house you can afford?

Click here to access housing mortgage payment calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Tempe AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Tempe AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Tempe House is Worth Today?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

New Listings in Last 24 Hours Tempe AZ

Homes for Sale Tempe
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
Single Story HomesHomes with Pool
Homes in Gated CommunityHomes with Guest House
Just Reduce Priced HomesRecently Sold Homes

Contact Swee Ng, Tempe Real Estate Agent, Realtor in Tempe AZ

Just Reduced Price Homes for Sale Tempe AZ

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Summary
Article Name
May 2025 Tempe AZ Housing Market Trends Report
Description
May 2025 Tempe AZ Housing Market Trends Report, Statistics and House Value. 2025 May average sold price for single family home in Tempe is $661,830 and has appreciated about 15.7% from a year ago.
Author
Swee Ng
Publisher Name
Swee Ng Realtor® with HomeSmart
Publisher Logo
Swee Ng Realtor® with HomeSmart

Posted in: Market Trends, Tempe Tagged: 2025, 85281, 85282, 85283, 85284, Average Sold Price, Home Price, House Value, Infographic, Inventory Trends, Market Statistics, Market Trends, Median Sold Price, Price Trends, Tempe

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About

Swee Ng Realtor in Phoenix AZMy commitment to my clients is to ensure your home buying or selling experience are the most rewarding, most cost & time efficient and as stress free process as possible, while maintaining a professional and ethical business.

Swee Ng
480.721.6253
sweeng.re@gmail.com

2680 S Val Vista Dr #101, Gilbert AZ 85295

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Disclosure:

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Real Estate include the name of the listing broker. Neither the listing company nor Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Information contained herein is deemed reliable but not guaranteed.

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