Homes Under $500K in Tempe, AZ

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24 of 328 Listings

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Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

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New17Active
$448,000
3 bd · 2 ba · — sqft
4891 S Roosevelt Street, Tempe, AZ
Ralph S Warner · Realty ONE Group
34Active
$372,500
3 bd · 2 ba · — sqft
2126 E Villa Court, Tempe, AZ
Laurie A Beischel · Locality Real Estate
27Active
$370,000
2 bd · 2 ba · — sqft
21 E 6th Street Unit 607, Tempe, AZ
Derek B. Cook · Presidential Realty, LLC

Listing data & MLS disclosures

Arizona Regional Multiple Listing Service (ARMLS): ©2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Realty.com are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Last updated: 2026-10-17 22:38:55 UTC

About Homes Under $500K in Tempe, AZ

Homes Under $500K in Tempe, AZ: 328 active listings as of October 17, 2026, 23:53 UTC.

Property types among these 328 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Townhouse	124	37.8%
Single Family Residence	91	27.7%
Apartment	25	7.6%
Mfg/Mobile Housing	24	7.3%
Loft Style	7	2.1%

Tempe housing market

September 2026

Selling at 97.9% of asking price

Buyers here are paying below asking. MLS · 100 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $565,000$402,600–$8,300,000 typical range
Price per sq. ft.: $302
Sales: 165
Paid in cash: 18.2%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $475,000
Homes for sale: 493

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: 0.0%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,678 sq. ft.

Tempe, AZ community profile

Population: 191,171
Median income: $69,451
Housing units: 85,540
People per sq. mi.: 4,628.8
Area: 41.3 sq. mi.

Source: HJN community data

Homes Under $500K in Tempe, AZ

Your local brokerage

Listing data & MLS disclosures

About Homes Under $500K in Tempe, AZ

Tempe housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Tempe, AZ community profile

Explore Tempe homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Tempe, AZ community profile

Tempe housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026