January 2026 Buying Guide: Tempe, AZ’s Market Dynamics and Pricing

Are you searching for affordable homes in Tempe, AZ this January 2026? This month’s local market numbers tell a story of expanding choices and strategic advantages for buyers across every price range. The current environment is especially welcoming for buyers who are ready to make informed decisions guided by real-time data and professional boots-on-the-ground expertise.

Tempe, AZ now posts a median sales price of $480,000, with 325 active and 210 new listings creating a vibrant selection. The median days on market has climbed to 24, a signal that buyers can exercise a little more patience when viewing homes and submitting offers—this is why it matters for clients seeking value and negotiating room.

Opportunities for Buyers: Shopping in Tempe, AZ – January 2026

For those hoping to buy, the 2.1 months of supply positions the market in near balance, ensuring there is less pressure to rush and more focus on matching needs. Properties under $400,000 are still going quickly (median 15 days), but the bulk of inventory is in the two and three-bedroom range, which makes up 64 percent of current options and is ideal for a wide variety of buyers.

• Median sales price: $480,000
• Median days on market: 24
• New listings this month: 210
• Price per square foot: $315
• 30-year fixed mortgage rate: 6.10 percent

How to Succeed as a Buyer in January 2026

To maximize opportunity, buyers should focus on listings that have recently had price reductions—22 percent of closed sales this month included them. With a list-to-sale price ratio at 99.1 percent, savvy negotiation remains possible but buyers should be ready to pounce on the right fit. Jeff Setlow believes buying with current stats in mind gives clients the best advantage.

Financing and Moving Forward

The mortgage landscape remains favorable, with 77 percent of all closed sales using conventional financing and a prevailing fixed rate of 6.10 percent. For buyers asking, is it a good time to buy in Tempe, AZ?—the data points to greater selection and increased negotiation leverage compared to previous periods. Knowledge is power, and understanding January 2026 trends with Tempe, AZ buyer guidance enables smart moves in this steady but active market environment.