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2026 August Tempe AZ Housing Market Update

Tempe AZ Real Estate Housing Market Update

Tempe AZ Real Estate Housing Market Update

📈 August 2026 Tempe AZ Housing Market Trends Report, Statistics and House Value

Here are 2026 August 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 9/5/2026, provided by the FlexMLS system.

August 2026 Tempe AZ Housing Market Update Highlights:
  • 2026 August number of new listings for homes for sale in Tempe AZ had increased about 12.9% from a year ago
  • August 2026 average sold price for single family home in Tempe is $574,604 and had increased about 1.0% from a year ago
  • Median sold price in August 2026 is $520,000, which is about 1.9% decreased from August 2025
  • Almost all of single family home sold in Tempe in August 2026 are regular sales (not foreclosures or short sales)
  • August 2026 most expansive home sold in Tempe is sold for $1,100,000

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Tempe AZ August 2026 Closed Sales Report Analysis

Based on August 2026 statistics, we saw about 21.1% increased in the number of single family homes sold compared to a year ago. The statistics show that we have 69 single family homes sold in August 2026 in Tempe AZ compared to 57 in August 2025.

In August 2026, we saw 55 days on Market (DOM), compare to 64 days in August 2025. It took average 55 days to get your Tempe home sold in August 2026.

August 2026 Tempe Median Sold Price

August 2026 median sold price for single family home in Tempe is $520,000. Compare to a year ago, August 2025 median sold price is $530,000. The median sold price for single family home in Tempe had decreased about 1.9% from a year ago.

August 2026 Tempe Median Sold Price was $520,000
Click here to view Homes for Sale in Tempe AZ Under $500,000

2026 August Tempe AZ Average Sold Price

August 2026 average sold price for single family homes in Tempe AZ is $574,604. Compare to last year August average sold price $569,062, the average sold price had increased about 1.0% from a year ago.

There are 3 million dollars homes sold in Tempe in August 2026.

August 2026 Tempe Average Sold Price was $574,604
Click here to view Homes for Sale in Tempe AZ Under $550,000

August 2026 Average Sold Price Per Square Feet

The average sold price per square feet for August 2026 in Tempe is $315.00 per square feet, compare to $302.00 a year ago.

August 2026 Tempe Average Sold Price per square feet was $315
Click here to view Homes for Sale in Tempe AZ Under $250 per square feet

2026 August Tempe Most Expensive Home Sold

2026 August Tempe AZ most expensive home sold is located in Tempe zip code 85281, was sold for $1,100,000. This 2,576 square feet basement home sits on about 11,507 square feet lot features 4 bedrooms and 3.5 bathrooms.

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.

2026 August Housing Market Update by Tempe zip code

Tempe AZ zip code Median Sold Price Average Sold Price
Tempe AZ 85281 $477,500 $561,157
Tempe AZ 85282 $499,000 $520,149
Tempe AZ 85283 $515,000 $559,519
Tempe AZ 85284 $699,500 $706,375

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.

💡 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?

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.

Tempe AZ New Listings Homes for Sale in Last 24 Hours

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

Just Reduced Price Homes for Sale Tempe AZ

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