This housing market report uses absorption rates to track supply and demand for Tempe, AZ. With 5.1 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 26, 2026]
High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.
Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.
More supply than demand. Buyers can negotiate, request concessions, and take their time.
Have questions? Looking to buy or sell? (404) 458-1672
Houses
Absorption rate of 0.7, with 1.5 months of inventory.
With 24 months of inventory, buyers have more time and negotiating power in this range.
48 active listings with 55 sold in the last 6 months.
Supply and demand are roughly in balance at 4 months of inventory.
| List Price |
Available
|
Sold Last 6 Months 
|
Under Contract 
|
Absorption Rate 
|
Months of Inventory 
|
Market |
|---|---|---|---|---|---|---|
| 175k-200k | 1 | 0.2 | 0 | Seller's | ||
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| 225k-250k | 4 | 1 | 0 | 24 | ||
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| 250k-275k | 1 | 0.2 | 0 | Seller's | ||
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| 275k-300k | 1 | 0.2 | 0 | Seller's | ||
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| 300k-325k | 2 | 0.3 | 0 | Seller's | ||
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| 325k-350k | 5 | 9 | 1 | 0.3 | 3.3 | Balanced |
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| 350k-375k | 5 | 18 | 6 | 0.6 | 1.7 | Seller's |
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| 375k-400k | 10 | 13 | 0.2 | 4.6 | Balanced | |
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| 400k-425k | 7 | 19 | 2 | 0.5 | 2.2 | Seller's |
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| 425k-450k | 20 | 49 | 9 | 0.4 | 2.4 | Seller's |
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| 450k-475k | 19 | 34 | 5 | 0.3 | 3.4 | Balanced |
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| 475k-500k | 40 | 33 | 6 | 0.1 | 7.3 | Buyer's |
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| 500k-550k | 48 | 55 | 3 | 0.2 | 5.2 | Balanced |
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| 550k-600k | 31 | 53 | 8 | 0.3 | 3.5 | Balanced |
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| 600k-650k | 29 | 39 | 7 | 0.2 | 4.5 | Balanced |
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| 650k-700k | 25 | 35 | 3 | 0.2 | 4.3 | Balanced |
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| 700k-750k | 16 | 19 | 3 | 0.2 | 5.1 | Balanced |
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| 750k-800k | 9 | 12 | 1 | 0.2 | 4.5 | Balanced |
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| 800k-850k | 5 | 5 | 0.2 | 6 | Balanced | |
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| 850k-900k | 5 | 7 | 0.2 | 4.3 | Balanced | |
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| 900k-950k | 3 | 8 | 2 | 0.4 | 2.3 | Seller's |
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| 950k-1m | 2 | 3 | 0.3 | 4 | Balanced | |
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| 1m-1.1m | 3 | 10 | 2 | 0.6 | 1.8 | Seller's |
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| 1.1m-1.2m | 1 | 4 | 0.7 | 1.5 | Seller's | |
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| 1.2m-1.3m | 1 | 2 | 1 | 0.3 | 3 | Balanced |
| 1.3m-1.4m | 1 | 1 | 1 | 0.2 | 6 | Balanced |
| 1.4m-1.5m | 3 | 2 | 0.1 | 9 | Buyer's | |
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| 1.5m-1.6m | 1 | 1 | 0.2 | 6 | Balanced | |
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| 1.6m-1.7m | 1 | 3 | 1 | 0.5 | 2 | Seller's |
| 1.9m-2m | 1 | 0 | ||||
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| 2m-2.25m | 2 | 1 | 0.3 | 0 | Seller's | |
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| 2.25m-2.5m | 1 | 1 | 0.2 | 6 | Balanced | |
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| 2.75m-3m | 1 | 1 | 0.2 | 6 | Balanced | |
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| 3m-3.5m | 1 | 0 | ||||
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Townhouses
Absorption rate of 0.3, with 3.8 months of inventory.
With 18 months of inventory, buyers have more time and negotiating power in this range.
26 active listings with 25 sold in the last 6 months.
Supply and demand are roughly in balance at 6 months of inventory.
| List Price |
Available
|
Sold Last 6 Months
|
Under Contract
|
Absorption Rate
|
Months of Inventory
|
Market |
|---|---|---|---|---|---|---|
| 150k-175k | 1 | 0.2 | 0 | Seller's | ||
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| 175k-200k | 2 | 0 | ||||
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| 200k-225k | 5 | 2 | 0.1 | 15 | Buyer's | |
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| 225k-250k | 7 | 9 | 0.2 | 4.7 | Balanced | |
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| 250k-275k | 21 | 20 | 2 | 0.2 | 6.3 | Buyer's |
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| 275k-300k | 23 | 23 | 3 | 0.2 | 6 | Balanced |
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| 300k-325k | 10 | 16 | 3 | 0.3 | 3.8 | Balanced |
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| 325k-350k | 26 | 25 | 3 | 0.2 | 6.2 | Buyer's |
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| 350k-375k | 13 | 18 | 3 | 0.2 | 4.3 | Balanced |
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| 375k-400k | 15 | 16 | 2 | 0.2 | 5.6 | Balanced |
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| 400k-425k | 5 | 4 | 0.1 | 7.5 | Buyer's | |
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| 425k-450k | 7 | 8 | 0.2 | 5.3 | Balanced | |
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| 450k-475k | 2 | 1 | 0.1 | 12 | Buyer's | |
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| 475k-500k | 3 | 1 | 0.1 | 18 | Buyer's | |
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| 500k-550k | 6 | 6 | 0.2 | 6 | Balanced | |
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| 550k-600k | 3 | 2 | 1 | 0.1 | 9 | Buyer's |
| 700k-750k | 2 | 0 | ||||
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| 750k-800k | 1 | 0 | ||||
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Condos
Absorption rate of 0.5, with 2 months of inventory.
With 48 months of inventory, buyers have more time and negotiating power in this range.
7 active listings with 10 sold in the last 6 months.
With 11.1 months of inventory overall, buyers currently hold the advantage.
| List Price |
Available
|
Sold Last 6 Months
|
Under Contract
|
Absorption Rate
|
Months of Inventory
|
Market |
|---|---|---|---|---|---|---|
| 150k-175k | 8 | 1 | 0 | 48 | ||
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| 175k-200k | 7 | 1 | 1 | 0 | 42 | |
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| 200k-225k | 6 | 3 | 0.1 | 12 | Buyer's | |
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| 225k-250k | 12 | 2 | 0 | 36 | ||
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| 250k-275k | 11 | 9 | 1 | 0.1 | 7.3 | Buyer's |
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| 275k-300k | 7 | 10 | 1 | 0.2 | 4.2 | Balanced |
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| 300k-325k | 5 | 1 | 0 | 30 | ||
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| 325k-350k | 3 | 1 | 0.1 | 18 | Buyer's | |
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| 350k-375k | 2 | 3 | 1 | 0.3 | 4 | Balanced |
| 375k-400k | 4 | 4 | 1 | 0.2 | 6 | Balanced |
| 400k-425k | 1 | 3 | 0.5 | 2 | Seller's | |
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| 425k-450k | 4 | 2 | 0.1 | 12 | Buyer's | |
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| 450k-475k | 4 | 1 | 0 | 24 | ||
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| 475k-500k | 4 | 4 | 0.2 | 6 | Balanced | |
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| 500k-550k | 2 | 0.3 | 0 | Seller's | ||
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| 600k-650k | 1 | 0 | ||||
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| 650k-700k | 2 | 1 | 0.1 | 12 | Buyer's | |
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| 900k-950k | 1 | 0 | ||||
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| 950k-1m | 1 | 0 | ||||
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| 1m-1.1m | 1 | 0 | ||||
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| 1.4m-1.5m | 1 | 0 | ||||
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| 1.6m-1.7m | 1 | 0 | ||||
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| 2.75m-3m | 1 | 0 | ||||
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| 3.5m-4m | 1 | 0 | ||||
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| 4.5m-5m | 1 | 0 | ||||
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Land
Absorption rate of 0.
With 0 months of inventory, buyers have more time and negotiating power in this range.
0 active listings with 1 sold in the last 6 months.
With 84 months of inventory overall, buyers currently hold the advantage.
| List Price |
Available
|
Sold Last 6 Months
|
Under Contract
|
Absorption Rate
|
Months of Inventory
|
Market |
|---|---|---|---|---|---|---|
| 75k-100k | 1 | 0.2 | 0 | Seller's | ||
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| 300k-325k | 2 | 0 | ||||
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| 325k-350k | 1 | 0 | ||||
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| 400k-425k | 1 | 0 | ||||
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| 475k-500k | 1 | 0 | ||||
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| 500k-550k | 1 | 0 | ||||
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| 600k-650k | 1 | 0 | ||||
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| 650k-700k | 1 | 0 | ||||
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| 750k-800k | 1 | 0 | ||||
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| 950k-1m | 1 | 0 | ||||
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| 1m-1.1m | 1 | 0 | ||||
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| 1.2m-1.3m | 1 | 0 | ||||
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| 1.4m-1.5m | 1 | 0 | ||||
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| 1.9m-2m | 1 | 0 | ||||
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