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Homes for Sale Under 500K in Tempe, AZ

396 Homes for Sale

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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

HotHot

$480,000

Views: 29

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,088sqft

Single family home for sale

413 E Orion St, Tempe, AZ 85283

Real Broker. Listing provided by ARMLS

$480,000

Views: 1

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,053sqft

Single family home for sale

5433 S Mill Ave, Tempe, AZ 85283

Incyte Realty, Llc. Listing provided by ARMLS

3D Tour3D Tour

$480,000

Views: 2

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,505sqft

Sale Pending

31 W Sarah Ln, Tempe, AZ 85284

Dana Hubbell Group. Listing provided by ARMLS

Price CutPrice Drop: $100
3D Tour3D Tour

$479,800

Views: 9

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,760sqft

Single family home for sale

1006 S Siesta Ln, Tempe, AZ 85281

Real Broker. Listing provided by ARMLS

HotHot
Price CutPrice Drop: $60K

$479,000

Views: 15

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,429sqft

Single family home for sale

2820 S George Dr, Tempe, AZ 85282

My Home Group Real Estate. Listing provided by ARMLS

HotHot

$478,000

Views: 26

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,716sqft

Single family home for sale

1006 W 12 Th St, Tempe, AZ 85281

Realty Executives Arizona Territory. Listing provided by ARMLS

Price CutPrice Drop: $10K

$475,000

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,862sqft

Townhouse for sale

326 E Huntington Dr, Tempe, AZ 85282

Networth Realty Of Phoenix. Listing provided by ARMLS

3D Tour3D Tour

$474,900

Views: 13

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,342sqft

Single family home for sale

21 E 6th Street #510, Tempe, AZ 85281

Urban Realty & Development, Llc. Listing provided by ARMLS

$470,000

Views: 16

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,505sqft

Single family home for sale

40 W Sarah Ln, Tempe, AZ 85284

Homesmart. Listing provided by ARMLS

Price CutPrice Drop: $10K
3D Tour3D Tour

$470,000

Views: 6

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 1,850sqft

Single family home for sale

2329 E Concorda Dr, Tempe, AZ 85282

Epique Realty. Listing provided by ARMLS

Price CutPrice Drop: $10K

$465,000

Views: 8

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,217sqft

Single family home for sale

1912 E Velvet Dr, Tempe, AZ 85284

Howe Realty. Listing provided by ARMLS

3D Tour3D Tour

$465,000

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,861sqft

Single family home for sale

407 E Julie Dr, Tempe, AZ 85283

My Home Group Real Estate. Listing provided by ARMLS

HotHot

$464,900

Views: 17

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,257sqft

Single family home for sale

4006 S Hanna Dr, Tempe, AZ 85282

Barrett Real Estate. Listing provided by ARMLS

Price CutPrice Drop: $12.5K

$462,500

Views: 10

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,588sqft

Single family home for sale

36 W Greentree Dr, Tempe, AZ 85284

Shawn Bellamak Realty. Listing provided by ARMLS

Price CutPrice Drop: $5K

$460,000

Views: 30

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,356sqft

Sale Pending

711 W Strahan Dr, Tempe, AZ 85283

Incyte Realty, Llc. Listing provided by ARMLS

Open House

$457,000

Views: 9

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,544sqft

Single family home for sale

1426 E Williams St, Tempe, AZ 85281

Opendoor Brokerage, Llc. Listing provided by ARMLS

3D Tour3D Tour

$455,000

Views: 14

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,250sqft

Single family home for sale

1318 E Orange St, Tempe, AZ 85281

Keller Williams Realty Phoenix. Listing provided by ARMLS

HotHot

$455,000

Views: 28

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,462sqft

Single family home for sale

6212 S El Camino Dr, Tempe, AZ 85283

Keller Williams Arizona Realty. Listing provided by ARMLS

Price CutPrice Drop: $6K

$450,000

Views: 19

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,513sqft

Townhouse for sale

324 E Ambassador Dr, Tempe, AZ 85288

Keller Williams Arizona Realty. Listing provided by ARMLS

Showing 43 - 84 of 396 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, 11:15 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

396

Homes Available

Median List Price icon

$ 475,000

Median List Price

Avg on Market icon

65 Days

Avg on Market