Housing Market Report for Tempe Elementary School District, AZ

This housing market report uses absorption rates to track supply and demand for Tempe Elementary School District, AZ. With 5.6 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 20, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$400k – $425k

Absorption rate of 0.7, with 1.4 months of inventory.

Coolest Segment ❄️
$225k – $250k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

20 active listings with 39 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 4.1 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 0.2 0 Seller's
225k-250k 4 1 0 24
250k-275k 1 0.2 0 Seller's
275k-300k 1 3 1 0.5 2 Seller's
300k-325k 1 4 1 0.7 1.5 Seller's
325k-350k 6 9 2 0.3 4 Balanced
350k-375k 8 18 4 0.4 2.7 Seller's
375k-400k 10 21 1 0.4 2.9 Seller's
400k-425k 5 21 2 0.7 1.4 Seller's
425k-450k 12 34 5 0.5 2.1 Seller's
450k-475k 13 21 4 0.3 3.7 Balanced
475k-500k 26 20 3 0.1 7.8 Buyer's
500k-550k 20 39 7 0.3 3.1 Balanced
550k-600k 22 27 4 0.2 4.9 Balanced
600k-650k 22 23 4 0.2 5.7 Balanced
650k-700k 15 20 5 0.2 4.5 Balanced
700k-750k 10 10 1 0.2 6 Balanced
750k-800k 8 4 1 0.1 12 Buyer's
800k-850k 2 3 1 0.3 4 Balanced
850k-900k 3 2 0.1 9 Buyer's
900k-950k 3 3 1 0.2 6 Balanced
950k-1m 3 1 0.1 18 Buyer's
1m-1.1m 3 3 1 0.2 6 Balanced
1.2m-1.3m 1 2 1 0.3 3 Balanced
1.4m-1.5m 1 0.2 0 Seller's
1.6m-1.7m 1 0

Townhouses

Hottest Segment 🔥
$300k – $325k

Absorption rate of 0.2, with 4.6 months of inventory.

Coolest Segment ❄️
$150k – $175k

With 48 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$325k – $350k

21 active listings with 22 sold in the last 6 months.

Market Overview
All Segments

With 7 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
125k-150k 3 1 0.5 0 Seller's
150k-175k 8 1 0 48
175k-200k 8 2 0 24
200k-225k 3 2 0.1 9 Buyer's
225k-250k 10 10 2 0.2 6 Balanced
250k-275k 16 16 3 0.2 6 Balanced
275k-300k 23 20 2 0.1 6.9 Buyer's
300k-325k 10 13 1 0.2 4.6 Balanced
325k-350k 21 22 1 0.2 5.7 Balanced
350k-375k 15 17 3 0.2 5.3 Balanced
375k-400k 12 10 2 0.1 7.2 Buyer's
400k-425k 4 2 0.1 12 Buyer's
425k-450k 5 6 0.2 5 Balanced
450k-475k 3 0
475k-500k 1 1 0.2 6 Balanced
500k-550k 5 3 0.1 10 Buyer's
550k-600k 4 2 2 0.1 12 Buyer's
600k-650k 1 0
700k-750k 2 0
750k-800k 1 0

Condos

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.3, with 4 months of inventory.

Coolest Segment ❄️
$175k – $200k

With 48 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

10 active listings with 9 sold in the last 6 months.

Market Overview
All Segments

With 10.5 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
150k-175k 6 3 0.1 12 Buyer's
175k-200k 8 1 1 0 48
200k-225k 4 4 0.2 6 Balanced
225k-250k 13 5 0.1 15.6 Buyer's
250k-275k 10 8 2 0.1 7.5 Buyer's
275k-300k 10 9 0.2 6.7 Buyer's
300k-325k 4 1 0 24
325k-350k 5 1 0 30
350k-375k 2 3 1 0.3 4 Balanced
375k-400k 3 4 1 0.2 4.5 Balanced
400k-425k 2 3 0.3 4 Balanced
425k-450k 5 2 0.1 15 Buyer's
450k-475k 4 1 0 24
475k-500k 4 4 0.2 6 Balanced
500k-550k 2 0.3 0 Seller's
600k-650k 1 0
650k-700k 2 1 0.1 12 Buyer's
900k-950k 1 0
950k-1m 1 0
1m-1.1m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
2.75m-3m 1 0
3.5m-4m 1 0
4.5m-5m 1 0

Land

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.

Coolest Segment ❄️
$75k – $100k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$75k – $100k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 15 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
75k-100k 2 1 0.3 0 Seller's
225k-250k 1 0
300k-325k 1 0
325k-350k 1 0
500k-550k 1 0
1.2m-1.3m 1 0