85281 Tempe, Arizona

Tempe (Downtown/ASU)

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Market Statistics

🏠
$404,000 - $479,000
Median Home Price
📅
55 days
Avg Days on Market
📐
$252
Price per Sq Ft
🔥
60/100
Competitiveness

Tempe's downtown core surrounding ASU offers Arizona's most urban living environment with exceptional walkability and mass transit access.

Neighborhood Guide

High-rise condos and modern apartments dominate near Town Lake, while traditional neighborhoods offer character homes minutes from Mill Avenue's entertainment district.

Key Communities

Downtown TempeMill AvenueTempe Town LakeASU area

Schools & Amenities

🏫

Schools

Tempe Elementary, Tempe Union High School District | Notable: Arizona State University

🎯

Local Amenities

Tempe Town Lake, Mill Avenue dining and entertainment, ASU campus, light rail, Tempe Beach Park

Investment Insights

📈 Urban growth
Student/Professional Rental

ASU's 70,000+ students create perpetual rental demand. Young professional influx to Town Lake developments adds another tenant pool. High-rise investments benefit from urban lifestyle trends.

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