Is Tempe, AZ 85283 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Tempe is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market

Sold above original list10.7%Share of sales, last 3 months

Median sale-to-list97.9%Sold price ÷ list price

Median days on market44Listing to accepted offer

Median price per sq ft$298▲ +4.0% vs. last year

Run the numbers for 85283

Prefilled for 85283Can I win this house?Multiple-offer likelihood for a listing Prefilled for 85283Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aguila 85320 $167 /sq ft Arlington 85322Buyer’s market $241 /sq ft Avondale 85323Balanced $219 /sq ft Avondale 85392Seller’s market $220 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology