New Construction For Sale in Downtown Tempe Rio Salado, Tempe
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Learn more about the Downtown Tempe - Rio Salado neighborhood
Schools
Downtown Tempe - Rio Salado Real Estate Snapshot
List Price
$455,000
$/Sqft
$353
Homes For Sale
123
Home Size
1,218 Sqft
Days on Movoto
75
Frequently Asked Questions about Downtown Tempe - Rio Salado Tempe, AZ
In September 2026 Downtown Tempe - Rio Salado homes were listed to buy for a median price of $450K, which is a 9% decrease to August 2025 last month, and a 9% decrease to September 2025 last year. The median value of a home listed to buy in Downtown Tempe - Rio Salado in September 2026 was $338 per sqft, which is a 7% decrease to August 2025 last month, and a 7% decrease to September 2025 last year.
It is expensive to live in Downtown Tempe - Rio Salado. Buying a home in Downtown Tempe - Rio Salado is 1% more expensive compared with the national average.
Yes now is a good time to buy property in Downtown Tempe - Rio Salado, in September 2026, homes in Downtown Tempe - Rio Salado have decreased in value (price per sqft) by 7% in the last year compared with September 2025.
Home price are dropping in Downtown Tempe - Rio Salado, in September 2026, homes to buy in Downtown Tempe - Rio Salado have decreased in median list price by 1% compared with August 2026, one month ago.
The housing market in Downtown Tempe - Rio Salado is slowing down. In September 2026, homes to buy in Downtown Tempe - Rio Salado spent an median 82 days on the market, a 23% decrease from September 2025 last year.
The best and safest neighborhoods to live in Downtown Tempe - Rio Salado in September 2026 are Gainey Ranch, Stonegate, Kiwanis - the Lakes, Downtown Phoenix, Pebblecreek, Sunland Springs Village, Pointe Tapatio, Solera Chandler, Villa Monterey, Sun City Grand, Dobson Ranch, Westbrook Village, Sunland Village East, Sunland Village, Scottsdale Shadows, Scottsdale House, Sunbird Golf Resort, Apache Wells, Happy Trails Resort, Carriage Manor
In September 2026, Downtown Tempe - Rio Salado homes were listed to buy for a median price of $450K, with 25% down you would need $2.45K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $84.1K.
Yes now is a good time to sell your house in Downtown Tempe - Rio Salado, in September 2026, homes in Downtown Tempe - Rio Salado have decreased in value (price per sqft) by 7% in the last year compared with September 2025.
The Movoto Advantage
Movoto gives you access to the most up-to-the-minute real estate information in Downtown Tempe - Rio Salado. As a licensed brokerage in Arizona (and across the United States), Movoto has access to the latest real estate data including Downtown Tempe - Rio Salado Homes for Sale, Downtown Tempe - Rio Salado Single family for Sale, Downtown Tempe - Rio Salado Townhomes/Condos for Sale, Downtown Tempe - Rio Salado Multi family/Duplex for Sale, Downtown Tempe - Rio Salado Land for Sale, Downtown Tempe - Rio Salado New Listings for Sale, Downtown Tempe - Rio Salado Recently Sold Homes.
Real Estate & Homes For Sale Nearby Downtown Tempe - Rio Salado Tempe, AZ
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Neighborhoods
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Counties