Tempe, AZ 85283 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Tempe, AZ — 85283
Market Hotness
45
Hotness Rank
#7,533
Hotness Score
45
Supply Score
58
Demand Score
31
DOM vs US
-6.5%
Faster
Price vs US
127%
Above avg
Median Listing Price
$547K
Population
47,459
Households
1,884,334
Median Days on Market
47
Active Listings
79
New Listings
48
Housing Market
Pricing
Median Listing Price
$547K
+0.4% YoY
Average Listing Price
$543K
-3.2% YoY
Price per Sq Ft
$302
-1.6% YoY
Median Sq Ft
1,670
-3.0% YoY
Inventory
Active Listings
79
+12.1% YoY
New Listings
48
+4.3% YoY
Total Listings
116
+11.5% YoY
Buyer Competition
Pending Listings
37
+5.7% YoY
Pending Ratio
0.47
-2.9% YoY
Median Days on Market
47
-11.4% YoY
Price Reduced
29.0%
-11.9% YoY
FY2026 Fair Market Rent — Maricopa County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,457
/month
1 BR
$1,583
/month
2 BR
$1,839
/month
3 BR
$2,452
/month
4 BR
$2,720
/month
FMR Trends — Maricopa County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
37.6
2024
Population
ZIP Population
47,459
+1.4% YoY
Maricopa County Population
4,673,096
+1.2% YoY
Households
Total Housing Units
1,884,334
+1.8% YoY
Age
2024 Age Mix
4.6M
residents
Under 18
1,024,257
22.5%
Adults 18–64
2,792,677
61.2%
65 & Over
742,814
16.3%
Age Composition Over Time
2017–2024
Population Under 18
1,024,257
-0.1% YoY
Population 65 & Over
742,814
+3.4% YoY
Median Age
37.60
+0.3% YoY
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