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Homes for Sale Under 500K in Tempe, AZ

394 Homes for Sale

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Price CutPrice Drop: $20K

$499,999

Views: 8

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,602sqft

Single family home for sale

408 E La Jolla Dr, Tempe, AZ 85282

Valley Views Re. Listing provided by ARMLS

Price CutPrice Drop: $35K

$499,900

Views: 13

Bedrooms: 5Bds

Bathrooms: 2Ba

Area: 1,712sqft

Single family home for sale

639 W Strahan Dr, Tempe, AZ 85283

Realty Executives Arizona Territory. Listing provided by ARMLS

$499,500

Views: 27

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,572sqft

Single family home for sale

2138 E Yale Dr, Tempe, AZ 85283

Desert Properties Realty. Listing provided by ARMLS

$499,000

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,200sqft

Single family home for sale

1214 E Henry St, Tempe, AZ 85288

Realty One Group. Listing provided by ARMLS

Price CutPrice Drop: $16K

$499,000

Views: 30

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,316sqft

Single family home for sale

19 W Sarah Ln, Tempe, AZ 85284

My Home Group Real Estate. Listing provided by ARMLS

Price CutPrice Drop: $11K

$499,000

Views: 6

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,479sqft

Single family home for sale

819 W Lodge Dr, Tempe, AZ 85283

Locality Real Estate. Listing provided by ARMLS

Open House
3D Tour3D Tour

$498,000

Views: 20

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,556sqft

Single family home for sale

1358 E Chilton Dr, Tempe, AZ 85283

Compass. Listing provided by ARMLS

HotHot
3D Tour3D Tour

$495,000

Views: 25

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,840sqft

Single family home for sale

247 E Chilton Dr, Tempe, AZ 85283

Real Broker. Listing provided by ARMLS

Open House

$495,000

Views: 19

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,947sqft

Single family home for sale

1101 W 10th Street, Tempe, AZ 85281

Keller Williams Integrity First Realty. Listing provided by ARMLS

$493,500

Views: 10

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,200sqft

Single family home for sale

315 S Beck Ave, Tempe, AZ 85281

Windermere Real Estate & Property Management. Listing provided by ARMLS

HotHot

$490,000

Views: 13

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,860sqft

Single family home for sale

1230 E Laguna Dr, Tempe, AZ 85282

Incyte Realty, Llc. Listing provided by ARMLS

Price CutPrice Drop: $15K

$490,000

Views: 9

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,522sqft

Single family home for sale

131 E Riviera Dr, Tempe, AZ 85282

My Home Group Real Estate. Listing provided by ARMLS

$490,000

Views: 23

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,832sqft

Single family home for sale

6713 S Palm Dr, Tempe, AZ 85283

Street Realty. Listing provided by ARMLS

$489,000

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,405sqft

Single family home for sale

26 W Erie Dr, Tempe, AZ 85282

Epique Realty. Listing provided by ARMLS

HotHot

$485,000

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,669sqft

Single family home for sale

2115 E Fremont Dr, Tempe, AZ 85282

Barrett Real Estate. Listing provided by ARMLS

Showing 1 - 42 of 394 homes for sale in Tempe, AZ

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Tempe, AZ Housing Market Overview

Tempe is a balanced market, giving buyers and sellers room to negotiate. With 5 months of supply and homes averaging 65 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

65

Inventory

499

Sep 2021Jun 2024Sep 2026

Median Home Price

$475,000Up 1.06%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
499 Up 40.96%
Newly Listed Homes
532 Up 22.86%
Months of Supply
5 Up 61.29%

Housing Demand

Homes Sold
300 Down 13.04%
Sale-to-List Ratio
97.5% Up 0.37%
Homes Sold Above List
11% Up 18.53%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Tempe Market Report
  • mls-img

    Based on information from the Arizona Regional Multiple Listing Service through Oct 29, 2026, 10:00 PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Homes Available icon

394

Homes Available

Median List Price icon

$ 475,000

Median List Price

Avg on Market icon

65 Days

Avg on Market