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Homes for Sale Under 500K in Tempe, AZ

396 Homes for Sale

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Photo 1 of Townhouse for sale at 925 S Acapulco Ln #C, Tempe, AZ 85281 | MLS# 7031616 | Listing updated on 2026-08-21

$269,000

Views: 7

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 864sqft

Townhouse for sale

925 S Acapulco Ln #C, Tempe, AZ 85281

Local Luxury Christie'S International Real Estate. Listing provided by ARMLS

Open House
Photo 1 of Single family home for sale at 2329 E Mcarthur Dr, Tempe, AZ 85288 | MLS# 7067118 | Listing updated on 2026-10-30

$250,000

Views: 15

Bedrooms: 1Bd

Bathrooms: 1Ba

Area: 540sqft

Single family home for sale

2329 E Mcarthur Dr, Tempe, AZ 85288

Fathom Realty Elite. Listing provided by ARMLS

Open House
Photo 1 of Single family home for sale at 2309 E Mcarthur Dr, Tempe, AZ 85288 | MLS# 7067101 | Listing updated on 2026-10-30

$250,000

Views: 13

Bedrooms: 1Bd

Bathrooms: 1Ba

Area: 540sqft

Single family home for sale

2309 E Mcarthur Dr, Tempe, AZ 85288

Fathom Realty Elite. Listing provided by ARMLS

Open House
Photo 1 of Single family home for sale at 2331 E Mcarthur Dr, Tempe, AZ 85288 | MLS# 7067162 | Listing updated on 2026-10-30

$250,000

Views: 14

Bedrooms: 1Bd

Bathrooms: 1Ba

Area: 540sqft

Single family home for sale

2331 E Mcarthur Dr, Tempe, AZ 85288

Fathom Realty Elite. Listing provided by ARMLS

New
Price CutPrice Drop: $5K
Photo 1 of Townhouse for sale at 2313 W Vineyard Rd, Tempe, AZ 85282 | MLS# 7098399 | Listing updated on 2026-10-29

$250,000

Views: 6

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,146sqft

Townhouse for sale

2313 W Vineyard Rd, Tempe, AZ 85282

Elite Real Estate Pros. Listing provided by ARMLS

Open House
New ConstructionNew Construction
Photo 1 of Single family home for sale at 2307 E Mcarthur Dr, Tempe, AZ 85288 | MLS# 7067094 | Listing updated on 2026-10-30

$250,000

Views: 19

Bedrooms: 1Bd

Bathrooms: 1Ba

Area: 540sqft

Single family home for sale

2307 E Mcarthur Dr, Tempe, AZ 85288

Fathom Realty Elite. Listing provided by ARMLS

HotHot
Photo 1 of Single family home for sale at 3031 S Rural Rd #41, Tempe, AZ 85282 | MLS# 7084968 | Listing updated on 2026-10-16

$235,000

Views: 14

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 884sqft

Single family home for sale

3031 S Rural Rd #41, Tempe, AZ 85282

Keller Williams Integrity First Realty. Listing provided by ARMLS

Showing 295 - 336 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
No. of Homes
Houses for Sale in The Lakes, Tempe
22
Houses for Sale in Sunset, Tempe
20
Houses for Sale in Riverside, Tempe
15
Houses for Sale in Wilson Art & Garden, Tempe
12
Houses for Sale in Chesapeake, Tempe
10
Houses for Sale in Southern Palms, Tempe
9
Houses for Sale in Scudder Park West, Tempe
8
Houses for Sale in Gililland, Tempe
8
Houses for Sale in Kiwanis Park, Tempe
8
Houses for Sale in Juniper Watson, Tempe
8
Houses for Sale in Papago Park View, Tempe
7
Houses for Sale in The Lofts At Orchidhouse, Tempe
7
Houses for Sale in Daley Park, Tempe
6
Houses for Sale in Optimist Park Northeast, Tempe
6
Houses for Sale in Optimist Park Southwest, Tempe
6
Houses for Sale in Broadmor, Tempe
6
Houses for Sale in Dromedary, Tempe
6
Houses for Sale in Optimist Park Northwest, Tempe
6
Houses for Sale in Park Riviera Townhouse, Tempe
6
Houses for Sale in Chaparral, Tempe
6
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  • mls-img

    Based on information from the Arizona Regional Multiple Listing Service through Oct 30, 2026, 7:15 AM. 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