What is the median home price in Downtown Tempe-Rio Salado, Tempe?

The median home price in Downtown Tempe-Rio Salado is $485,000, up 2% year-over-year. Homes sell in a median of 57 days. The sale-to-list ratio is 97.47%.

How much does it cost to sell a home in Downtown Tempe-Rio Salado?

On a $485,000 home in Downtown Tempe-Rio Salado, a traditional agent charges around 3% — about $14,550. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $11,051 while getting MLS listing and expert support.

How long does it take to sell a home in Downtown Tempe-Rio Salado?

The median home in Downtown Tempe-Rio Salado spends 57 days on market. 26.09% of listings go pending within two weeks. 33 homes sold recently in this neighborhood.

Is Downtown Tempe-Rio Salado a good neighborhood to sell in right now?

Downtown Tempe-Rio Salado had 33 homes sell recently at a median of $485,000. Sellers are getting 97.47% of their asking price. 9.09% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Arizona/Tempe

Downtown Tempe-Rio Salado · Tempe, AZ

Is Now a Good Time to Sell in Downtown Tempe-Rio Salado, Tempe?

The median home in Downtown Tempe-Rio Salado sells for $485,000 with prices up 2% year-over-year. Ridley's flat fee saves you $11,051.

Downtown Tempe-Rio Salado Real Estate Market Conditions

50out of 100

Ridley Sell Score

How it's scored →

Moderate

50/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Downtown Tempe-Rio Salado market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Arizona average is 5.7.

Price MomentumNeutral

Prices up 2.374670185% year-over-year — vs. -2.6% statewide.

Seller LeverageNeutral

Homes selling at 97.47% of asking — buyers are negotiating 2.5% below list. Arizona average is 97.6%.

Bidding ActivityFavors buyers

9.09% of homes selling above list price — 20% above the Arizona average of 7.6%.

Sale SpeedNeutral

57 median days on market — 25 days faster than the Arizona average.

Market UrgencyNeutral

26.09% of listings go pending within 2 weeks — vs. 17.7% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Arizona average is 20.5%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$485,000

+2%

Days on Market

Price per Sq Ft

$344

Sale-to-List Ratio

97.47%

Homes Sold

Sold Above List

9.09%

Pending in 2 Weeks

26.09%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Tempe — delivered monthly.

Your savings

How much can you save selling in Downtown Tempe-Rio Salado?

$0Estimated savings

That's a dream family vacation — save 2.3% of your home value

Your Downtown Tempe-Rio Salado home value

$485,000

$50,000$10M

Traditional Agent (3%)

$14,550

Ridley Pro (flat fee)

$3,499

Ready to sell in Downtown Tempe-Rio Salado?

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Cost comparison

Cost to sell in Downtown Tempe-Rio Salado

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$14,550	$3,499	$999
Buyer agent	$13,5802.8% avg	$9,700~2% avg	$9,700~2% avg
Closing costs (~1.5%)	$7,275	$7,275	$7,275
Total cost	$35,405	$20,474	$17,974
You save	—	$11,051	$13,551

Based on the Downtown Tempe-Rio Salado median home price of $485,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Downtown Tempe-Rio Salado

A flat fee of $3,499 instead of the typical $14,550 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Downtown Tempe-Rio Salado market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Downtown Tempe-Rio Salado buyers look — plus a custom Ridley listing page with AI chat.