Is now a good time to sell my house in Tempe?
For most Tempe owners, the calendar that matters is their own. A sale works best when it fits your next move, your finances and the condition of the house.
The Tempe numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.
Should I sell my Tempe house as-is or fix it up first?
It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.
Older homes are the norm in Tempe. In our sample, two of two homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there also sell at a wider discount to new construction than the Arizona median, 12.1 percent against 24.9 percent.
What are the benefits of selling my Tempe house off-market?
Discretion, no preparation and control of the calendar.
- No public listing. No MLS listing, no listing photos and no open house.
- The house as it stands. No repairs, no staging and no deep clean before closing.
- Your date. Close in a few weeks or a few months, whichever suits your next move.
- One counterpart. You deal with one buyer, not a run of showings and counteroffers.
What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.
What does it cost to sell a house in Tempe?
On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.
On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.
Line by line in How Much Does It Cost to Sell a House?
How fast can I sell my house in Tempe?
Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Arizona requires are done.
A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.
If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?
How does selling my Tempe house off-market work?
In four steps, with no listing and no showings.
- You tell us about the house, by the offer form or by contacting us.
- Someone on our team reviews the house and the neighborhood and may ask to see it.
- You get an offer, with no obligation to accept it.
- If you accept, a title company or closing attorney handles the closing on the date you choose.
You will know in writing who the buyer is before you sign anything.
What if my Tempe house isn’t selling?
Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.
Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?
How do I sell an inherited house in Tempe?
Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.
Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Arizona can explain the rest. More in How Do I Sell a House I Inherited?
How does Tempe compare with nearby neighborhoods?
Chandler, 11 miles away, has two older homes among the three we sampled. Old Town Scottsdale, 11 miles away, counts 13 older homes among the 21 we sampled. Mesa, 11 miles away, shows one older home among the one we sampled. Tempe ranks tied for 550th nationally for older homes, behind two of them.
Every neighborhood in the index has its own page, and the Arizona page lists all 44 in the state.
Do older homes in Tempe sell for less than new construction?
In our sample, yes. The average price of older homes in 85284 was 12.1 percent of the average price of new construction in the same ZIP code. The Arizona median is 24.9 percent, and the index median is 23.1 percent. With two older homes behind it, treat the figure as a rough guide.
The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.
Tempe by the numbers
All two homes in the Address District sample for Tempe (85284) were built in 1980 or earlier. That places 85284 tied for 550th of 1,192 ZIP codes nationally for the number of older homes, and tied for 27th of 44 in Arizona.
Across the 44 Arizona ZIP codes in the index, 57.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.
With two homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.
How 85284 compares
Share of older homes
Homes in the sample built in 1980 or earlier
Older home prices against new construction
Average older home price as a share of new construction
Nearby neighborhoods in the index
| ZIP | Place | Distance | Rank | Share |
|---|---|---|---|---|
| 85249 | ChandlerMaricopa County, AZ | 11 mi | 511 | 66.7% |
| 85251 | Old Town ScottsdaleScottsdale, AZ | 11 mi | 44 | 61.9% |
| 85213 | MesaMaricopa County, AZ | 11 mi | 883 | 100.0% |
| 85018 | Arcadia / Camelback EastPhoenix, AZ | 12 mi | 6 | 62.3% |
| 85045 | Ahwatukee FoothillsPhoenix, AZ | 12 mi | 883 | 100.0% |
| 85016 | Biltmore / Camelback EastPhoenix, AZ | 13 mi | 511 | 66.7% |
| 85298 | GilbertMaricopa County, AZ | 14 mi | 707 | 33.3% |
| 85339 | LaveenMaricopa County, AZ | 15 mi | 883 | 100.0% |
The top of Arizona
| State rank | ZIP | Place | Homes | Older homes | Share |
|---|---|---|---|---|---|
| 1 | 85018 | Arcadia / Camelback EastPhoenix, AZ | 53 | 33 | 62.3% |
| 2 | 85253 | Paradise Valley CoreParadise Valley, AZ | 51 | 31 | 60.8% |
| 3 | 85254 | Kierland / Scottsdale Airpark / Magic ZIPScottsdale, AZ | 27 | 23 | 85.2% |
| 4 | 85262 | Troon / Desert MountainScottsdale, AZ | 38 | 20 | 52.6% |
| 5 | 86406 | Lake Havasu CityMohave County, AZ | 20 | 15 | 75.0% |
| 6 | 85251 | Old Town ScottsdaleScottsdale, AZ | 21 | 13 | 61.9% |
| 7 | 85255 | North Scottsdale / DC Ranch / SilverleafScottsdale, AZ | 58 | 11 | 19.0% |
| 8 | 85266 | North Scottsdale / Pinnacle PeakScottsdale, AZ | 16 | 11 | 68.8% |
| 9 | 85260 | Scottsdale Airpark / Cactus CorridorScottsdale, AZ | 12 | 10 | 83.3% |
| 10 | 85268 | Fountain HillsMaricopa County, AZ | 14 | 7 | 50.0% |
All 44 Arizona ZIP codes in the index ›
About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.