2026 May Tempe AZ Housing Market Update

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

Here are 2026 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 6/5/2026, provided by the FlexMLS system.

May 2026 Tempe AZ Housing Market Update Highlights:
  • 2026 May number of new listings for homes for sale in Tempe AZ had decreased about 11.4% from a year ago
  • May 2026 average sold price for single family home in Tempe is $584,427 and had decreased about 11.7% from a year ago
  • Median sold price in May 2026 is $560,000, which is about 6.7% decreased from May 2025
  • About 99% of single family home sold in Tempe in May 2026 are regular sales (not foreclosures or short sales)
  • May 2026 most expansive home sold in Tempe is sold for $1,300,000

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Tempe AZ May 2026 Closed Sales Report Analysis

Based on May 2026 statistics, we saw about 3.0% decreased in the number of single family homes sold compared to a year ago. The statistics show that we have 96 single family homes sold in May 2026 in Tempe AZ compared to 99 in May 2025.

In May 2026, we saw 52 days on Market (DOM), compare to 57 days in May 2025. It took average 52 days to get your Tempe home sold in May 2026.

May 2026 Tempe Median Sold Price

May 2026 median sold price for single family home in Tempe is $560,000. Compare to a year ago, May 2025 median sold price is $600,000. The median sold price for single family home in Tempe had decreased about 6.7% from a year ago.

May 2026 Tempe Median Sold Price was $560,000
Click here to view Homes for Sale in Tempe AZ Under $550,000

2026 May Tempe AZ Average Sold Price

May 2026 average sold price for single family homes in Tempe AZ is $584,427. Compare to last year May average sold price $661,830, the average sold price had decreased about 11.7% from a year ago.

There are 4 million dollars homes sold in Tempe in May 2026.

May 2026 Tempe Average Sold Price was $584,427
Click here to view Homes for Sale in Tempe AZ Under $575,000

May 2026 Average Sold Price Per Square Feet

The average sold price per square feet for May 2026 in Tempe is $307.00 per square feet, compare to $314.00 a year ago.

May 2026 Tempe Average Sold Price per square feet was $307
Click here to view Homes for Sale in Tempe AZ Under $250 per square feet

2026 May Tempe Most Expensive Home Sold

2026 May Tempe AZ most expensive home sold is located in Tempe zip code 85281, was sold for $1,300,000. This 3,332 square feet home sits on about 10,145 square feet lot features total 4 bedrooms, 4 bathrooms, 3 garage and private pool.

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 May Housing Market Update by Tempe zip code

Tempe AZ zip codeMedian Sold PriceAverage Sold Price
Tempe AZ 85281$514,000$589,750
Tempe AZ 85282$470,000$508,496
Tempe AZ 85283$590,000$583,941
Tempe AZ 85284$687,000$727,013

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.

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

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