Homes Under $500K in Tempe, AZ

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3 beds New construction With a pool

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24 of 76 Listings

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Homes Under $500K in Tempe, AZ

24 of 76 Listings

15

76 listings

Homes Under $500K in Tempe, AZ

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24 of 76 Listings

Map

Homes Under $500K in Tempe, AZ

24 of 76 Listings

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

15

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

Active

$349,000

2 bd · 2 ba · 964 sqft

154 W 5th Street 152, Tempe, AZ

Scott Tong · Northstar Realty And Investments

24Active

$225,000

1 bd · 1 ba · 864 sqft

700 E Mesquite Circle O211, Tempe, AZ

Robert R Bullock · Fathom Realty Elite

27Active

$284,900

2 bd · 2 ba · 1,130 sqft

850 S River Drive 2070, Tempe, AZ

Neil P Gatten · Compass

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

30Active

$197,000

1 bd · 1 ba · 631 sqft

1111 E University Drive 229, Tempe, AZ

Racquel Miller · Russ Lyon Sotheby's International Realty

28Active

$319,000

2 bd · 2 ba · 1,160 sqft

1111 W University Drive 2011, Tempe, AZ

Joshua Carlson · Gentry Real Estate

42Active

$225,000

1 bd · 1 ba · 778 sqft

600 W Grove Parkway 1009, Tempe, AZ

Kathy Dietz · My Home Group Real Estate

22Active

$278,000

2 bd · 2 ba · 984 sqft

1055 W 5th Street 10, Tempe, AZ

Junior Queen · Real Broker

35Active

$310,000

2 bd · 2 ba · 960 sqft

1215 E Lemon Street 107, Tempe, AZ

Shuyan Zhou-Harden · West USA Realty

40Active

$280,000

2 bd · 2 ba · 1,004 sqft

2035 S Elm Street 247, Tempe, AZ

Stephanie P Vogel · HomeSmart

34Active

$300,000

2 bd · 2 ba · 999 sqft

2035 S Elm Street 109, Tempe, AZ

Waqas Ellahi · DeLex Realty

26Active

$268,500

2 bd · 2 ba · 779 sqft

616 S Hardy Drive 118, Tempe, AZ

Theresa Allan · Better Homes & Gardens Real Estate SJ Fowler

58Active

$264,900

2 bd · 2 ba · 987 sqft

2446 E 5th Place, Tempe, AZ

Jennifer L Hibbard · Twins & Co. Realty, LLC

32Active

$275,000

2 bd · 2 ba · 1,130 sqft

850 S River Drive 2071, Tempe, AZ

Jesse Wintersteen · ProSmart Realty

47Active

$450,000

2 bd · 2 ba · 1,742 sqft

5200 S Lakeshore Drive 207, Tempe, AZ

David Arustamian · Russ Lyon Sotheby's International Realty

23Active

$275,000

2 bd · 2 ba · 1,084 sqft

1905 E University Drive 124, Tempe, AZ

Michael Ashley · FDR Real Estate

40Active

$290,000

1 bd · 1 ba · 896 sqft

1111 W University Drive 2012, Tempe, AZ

Nicole Courtney Kowal · Weichert, Realtors - Courtney Valleywide

44Active

$475,000

2 bd · 2 ba · 1,287 sqft

945 E Playa Del Norte Drive 5020, Tempe, AZ

Kalim Qamar · US Metro Realty

20Active

$359,995

2 bd · 2 ba · 1,105 sqft

2401 E Rio Salado Parkway 1022, Tempe, AZ

Aaron Michael Simpson · Property Management Real Estate

26Active

$235,900

2 bd · 1 ba · 812 sqft

4901 S Calle Los Cerros Drive 273, Tempe, AZ

John J Gooding · Realty Executives Arizona Territory

30Active

$259,900

2 bd · 2 ba · 941 sqft

200 E Southern Avenue 123, Tempe, AZ

Jim Steimer · Apex Residential

13Active

$183,800

1 bd · 1 ba · 631 sqft

1111 E University Drive 201, Tempe, AZ

Thomas Wang · Golden Bull Realty LLC

28Active

$279,900

2 bd · 2 ba · 1,140 sqft

700 E Mesquite Circle N226, Tempe, AZ

Barry Witherwax · DeLex Realty

24Active

$255,000

2 bd · 2 ba · 1,037 sqft

904 S Melody Lane, Tempe, AZ

Evan Loo · Real Broker

17Active

$205,900

1 bd · 1 ba · 622 sqft

200 E Southern Avenue 126, Tempe, AZ

Arturo Rubi · Rubi Realty

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: 2026-09-15 23:21:12 UTC

Tempe housing market

July 2026 · This period is still settling

Selling at 98.3% of asking price

Buyers here are paying below asking. MLS · 76 sales · as of Jul 24, 2026

Homes that sold · County records, as of Jul 16, 2026

Median sale price: $475,500$383,750–$652,250 typical range
Price per sq. ft.: $292
Sales: 72
Paid in cash: 33.3%

Homes on the market · MLS, as of Jul 21, 2026

Median list price: $480,000

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

Explore Tempe homes

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

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: 2026-09-15 23:21:12 UTC

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

Tempe housing market

July 2026 · This period is still settling

Selling at 98.3% of asking price

Buyers here are paying below asking. MLS · 76 sales · as of Jul 24, 2026

Homes that sold · County records, as of Jul 16, 2026

Median sale price: $475,500$383,750–$652,250 typical range
Price per sq. ft.: $292
Sales: 72
Paid in cash: 33.3%

Homes on the market · MLS, as of Jul 21, 2026

Median list price: $480,000

Homes for sale

435

Price trend · Assessor repeat sales, as of Jul 31, 2026

Year-over-year: 1.6%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026

Median home size: 1,640 sq. ft.

Registered offenders on the map

Registered offenders on the map

Registered offenders on the map

Registered offenders on the map

Your local brokerage

Your local brokerage

Your local brokerage

Listing data & MLS disclosures

Tempe housing market

Homes that sold · County records, as of Jul 16, 2026

Homes on the market · MLS, as of Jul 21, 2026

Tempe, AZ community profile

Explore Tempe homes

Your local brokerage

Listing data & MLS disclosures

Tempe, AZ community profile

Tempe housing market

Homes that sold · County records, as of Jul 16, 2026

Homes on the market · MLS, as of Jul 21, 2026

Price trend · Assessor repeat sales, as of Jul 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026