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Homes for Sale Under 500K in Tempe, AZ

396 Homes for Sale

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$415,000

Views: 1

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,276sqft

Single family home for sale

937 W Hermosa Dr, Tempe, AZ 85282

Sundance Properties. Listing provided by ARMLS

HotHot

$415,000

Views: 29

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,238sqft

Single family home for sale

5818 S Judd St, Tempe, AZ 85283

Serhant.. Listing provided by ARMLS

$412,500

Views: 9

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 904sqft

Single family home for sale

1622 E 12th St, Tempe, AZ 85281

Realty One Group. Listing provided by ARMLS

Price CutPrice Drop: $15K

$400,000

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,330sqft

Townhouse for sale

6726 S Brittany Ln, Tempe, AZ 85283

Keller Williams Realty Phoenix. Listing provided by ARMLS

HotHot
3D Tour3D Tour

$400,000

Views: 12

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,627sqft

Townhouse for sale

2021 E Solana Dr, Tempe, AZ 85281

Russ Lyon Sotheby'S International Realty. Listing provided by ARMLS

Price CutPrice Drop: $20K

$399,999

Views: 10

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,250sqft

Single family home for sale

1208 W Malibu Dr, Tempe, AZ 85282

Midland Real Estate Alliance. Listing provided by ARMLS

3D Tour3D Tour

$399,900

Views: 10

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,148sqft

Single family home for sale

1613 S Farmer Ave, Tempe, AZ 85281

Weichert, Realtors - Courtney Valleywide. Listing provided by ARMLS

HotHot
Price CutPrice Drop: $30.9K

$399,000

Views: 15

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,540sqft

Single family home for sale

15 E Alameda Dr, Tempe, AZ 85282

Roundhaus Real Estate. Listing provided by ARMLS

$399,000

Views: 13

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,080sqft

Single family home for sale

1315 E Lemon St, Tempe, AZ 85281

My Home Group Real Estate. Listing provided by ARMLS

$399,000

Views: 15

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,218sqft

Townhouse for sale

706 S Beck Ave, Tempe, AZ 85281

Coldwell Banker Realty. Listing provided by ARMLS

$394,000

Views: 11

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 900sqft

Single family home for sale

933 E Harry St, Tempe, AZ 85288

Windermere Real Estate & Property Management. Listing provided by ARMLS

$389,000

Views: 1

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,508sqft

Single family home for sale

2616 S Azalea Dr, Tempe, AZ 85282

Coldwell Banker Realty. Listing provided by ARMLS

$389,000

Views: 9

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,000sqft

Single family home for sale

925 E Henry St, Tempe, AZ 85288

Windermere Real Estate & Property Management. Listing provided by ARMLS

$384,000

Views: 20

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,426sqft

Townhouse for sale

517 W Duke Dr, Tempe, AZ 85283

Realty Executives Arizona Territory. Listing provided by ARMLS

$375,000

Views: 10

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,222sqft

Single family home for sale

1332 W 16th Street, Tempe, AZ 85281

Keller Williams Realty Phoenix. Listing provided by ARMLS

Showing 127 - 168 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