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All market snapshots / 85281

Tempe, AZ 85281 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Tempe, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 6666PendingPending sales: 22
Tempe, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $440k$440kSoldMedian sold price (last 6 months): $395k$395k
What homes actually sell for in Tempe, AZ
Distribution of 240 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $291k to $520k
$215k to $329k: 64 sales$215k$329k to $442k: 74 sales74sales$442k to $556k: 48 sales$442k$556k to $670k: 16 sales$670k to $784k: 7 sales$670k$784k to $898k: 2 sales$898k to $1.01M: 2 sales$898k$1.01M to $1.12M: 3 salesMedian $395k

What the numbers say

As of October 5, 2026, Resideline is tracking 66 active listings and 2 pending sales in ZIP code 85281. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $439,950, while the median of the 240 closed sales Resideline tracked over the last six months was $395,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 85281 for 82 days.

Frequently asked questions

What is the median home price in 85281?

The median closed sale price in Tempe, AZ 85281 was $395,000 over the last six months, based on 240 closed sales tracked by Resideline. The middle half of those sales ranged from $291,000 to $520,000.

Is 85281 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 66 active listings in 85281, a pending-to-active ratio of 0.03. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 85281 currently looks like a balanced market.

Nearby ZIP code market data

Full Tempe, AZ housing market report →

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