Homes Under $500K in Tempe, AZ

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3 beds New construction With a pool

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24 of 299 Listings

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Homes Under $500K in Tempe, AZ

24 of 299 Listings

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299 listings

Homes Under $500K in Tempe, AZ

Hide Map

24 of 299 Listings

Map

Homes Under $500K in Tempe, AZ

24 of 299 Listings

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

30

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

Active

$197,000

1 bd · 1 ba · 631 sqft

1111 E University Drive 229, Tempe, AZ

Racquel Miller · Russ Lyon Sotheby's International Realty

New27Active

$284,900

2 bd · 2 ba · 1,130 sqft

850 S River Drive 2070, Tempe, AZ

Neil P Gatten · Compass

New2Active

$155,000

2 bd · 2 ba · 1,248 sqft

2727 E University Drive 77, Tempe, AZ

Jerianne Roe · West USA Realty

Your local brokerage

Mindy Cerreta-Hawkins

Realty Arizona

Lic. #BR549400000

Call Mindy

New45Active

$310,000

3 bd · 2 ba · 1,132 sqft

2509 E 5th Place, Tempe, AZ

George Laughton · EveryPlace

New24Active

$314,990

2 bd · 2 ba · 987 sqft

2508 E 6th Street, Tempe, AZ

Marissa Diaz · Real Broker

33Active

$395,000

3 bd · 3 ba · 1,462 sqft

1886 E Don Carlos Avenue 111, Tempe, AZ

Jon Mark Estes · RETSY

New32Active

$299,900

2 bd · 2 ba · 1,093 sqft

1222 W Baseline Road 153, Tempe, AZ

Jason L Penrose · eXp Realty

New30Active

$439,000

2 bd · 2 ba · 1,313 sqft

7717 S Heather Drive, Tempe, AZ

Maureen Zavala · Desert Properties Realty

New51Active

$469,999

4 bd · 4 ba · 1,883 sqft

2016 S Hammond Drive 109, Tempe, AZ

Hassan Sadre · Top Producers Realty

22Active

$155,000

3 bd · 2 ba · 1,440 sqft

400 W Baseline Road 313, Tempe, AZ

Ruben Lopez · Real Broker

31Active

$474,900

3 bd · 2 ba · 1,470 sqft

7720 S Heather Drive, Tempe, AZ

Missy Colborn · My Home Group Real Estate

33Active

$259,000

2 bd · 1 ba · 792 sqft

602 E Strahan Drive, Tempe, AZ

Doug Bonham · Balboa Realty, LLC

31Active

$285,000

1 bd · 1 ba · 667 sqft

154 W 5th Street 122, Tempe, AZ

Lori Souza · Connect Realty

52Active

$270,000

2 bd · 1 ba · 941 sqft

600 W Grove Parkway 1066, Tempe, AZ

Sally Lynn Prestia · Your Home Sold Guaranteed Realty

32Active

$279,000

2 bd · 2 ba · 1,119 sqft

3847 S Mill Avenue, Tempe, AZ

Audrey Katherine Myers · eXp Realty

28Active

$329,000

2 bd · 2 ba · 1,160 sqft

1111 W University Drive 2011, Tempe, AZ

Joshua Carlson · Gentry Real Estate

16Active

$384,999

2 bd · 3 ba · 1,100 sqft

2401 E Rio Salado Parkway 1040, Tempe, AZ

Michael Penka · Apex Residential

12Active

$355,000

2 bd · 3 ba · 1,100 sqft

2402 E 5th Street 1555, Tempe, AZ

Larry P Burr · ATLAS AZ, LLC

16Active

$239,000

3 bd · 2 ba · 1,230 sqft

2015 E Southern Avenue 4, Tempe, AZ

Christy Wulbrecht · Good Oak Real Estate

46Active

$293,000

3 bd · 3 ba · 1,452 sqft

6558 S Granada Drive, Tempe, AZ

Crystal Novak · Real Broker

27Active

$365,000

2 bd · 3 ba · 1,217 sqft

5400 S Hardy Drive 114, Tempe, AZ

Crash Sanchez · Limitless Real Estate

42Active

$229,000

1 bd · 1 ba · 778 sqft

600 W Grove Parkway 1009, Tempe, AZ

Kathy Dietz · My Home Group Real Estate

41Active

$465,000

3 bd · 2 ba · 1,385 sqft

5406 S College Avenue, Tempe, AZ

Kim Panozzo · HomeSmart

34Active

$399,999

3 bd · 3 ba · 1,310 sqft

2089 E Don Carlos Avenue, Tempe, AZ

Ramon J Nunez · Valley Views RE

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: 2026-09-04 00:54:03 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
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.

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: 2026-09-04 00:54:03 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

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

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