Tempe, AZ: Real Estate and Market Insights From Jeff Setlow - January 2026
Tempe has a lively, walkable feel centered around a bustling downtown and a popular university presence that keeps coffee shops, live music, and arts venues active most days. Residents enjoy plenty of outdoor time with sunny days and cool evenings that make patios, lakeside walks and bike commutes appealing, while public transit and straightforward road connections make getting to neighboring cities and major job centers relatively easy. The balance of collegiate energy and neighborhood calm gives the city an approachable, friendly vibe that suits a range of lifestyles.
Housing options range from apartment living and modern condominiums to established single-family neighborhoods, so renters, buyers and sellers can find properties that match different needs without a one-size-fits-all feel. Local amenities like parks, Tempe Town Lake, dining corridors and community events support an active social life and make everyday errands and recreation convenient, appealing to young professionals, families and downsizers alike.
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Tempe, AZ January 2026: Listing, Selling, and Buying Opportunities
Tempe, AZ is off to a robust start this January 2026, displaying new opportunities for buyers and sellers who seek value and efficiency. Are you looking for affordable homes in Tempe, AZ this January 2026 or need insights for how to sell your house fast in Tempe, AZ? A close look at the latest metrics will help you chart your next step with clarity.
Tempe, AZ currently showcases 325 active listings, with 210 new homes creating a refreshed pool of options. The median sales price holds at $480,000, bolstered by 155 closed sales this month. With a 2.1 months supply and a 99.1 percent list-to-sale price ratio, the data is signaling mutual transparency for buyers and sellers ready to engage.
Sellers note that median days on market have increased to 24 and 22 percent of closings arrived after at least one price reduction. This matters because quickly adapting to market shifts can mean faster, more profitable closings. Buyers are seeing fresh inventory, especially in the two and three-bedroom segments comprising 64 percent of listings.