Start Free
All market snapshots / 85281

Tempe, AZ 85281 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Tempe, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 6060PendingPending sales: 33
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): $358k$358kSoldMedian sold price (last 6 months): $395k$395k
What homes actually sell for in Tempe, AZ
Distribution of 261 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $290k to $518k
$209k to $320k: 69 sales$209k$320k to $432k: 74 sales74sales$432k to $543k: 56 sales$432k$543k to $654k: 21 sales$654k to $766k: 8 sales$654k$766k to $877k: 2 sales$877k to $989k: 3 sales$877k$989k to $1.1M: 1 salesMedian $395k

What the numbers say

As of September 14, 2026, Resideline is tracking 60 active listings and 3 pending sales in ZIP code 85281. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $357,500, while the median of the 261 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 70 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 261 closed sales tracked by Resideline. The middle half of those sales ranged from $290,000 to $517,500.

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

Resideline is currently tracking 3 pending sales against 60 active listings in 85281, a pending-to-active ratio of 0.05. 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 →
Run any 85281 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.