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|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$220,694||+4.3%|
|2 bed apartments||$290,476||-8.4%|
|3 bed apartments||$397,115||+3.8%|
|4+ bed apartments||$571,086||+9.6%|
During Sep 2020, the average price for an apartment in/near Tempe, AZ increased by 1.8% to $423,095.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 4.3% to $220,694. Asking price for 2-bed apartment also decreased by 8.4% and a place of this size will now cost you $290,476. A 3-bed apartment goes for $397,115, it increased by 3.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 9.6% and made it up to $571,086.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$447,590||+6.9%|
|Townhouses for sale||$275,865||-2.5%|
|Apartments for sale||$423,280||-9.5%|
|Duplexes for sale||$718,960||+2%|
|Lofts for sale||$478,941||-2.7%|
The average cost of an apartment in Tempe, AZ decreased by 9.5% to $423,280. Price reports demonstrate that house price increased by 6.9% this month making it up to $447,590. You can now purchase a duplex for just $718,960, duplex price increased by 2% this month. The price dynamics of lofts changed, it decreased by 2.7%, the price tag now starts at $478,941. The property value of townhouses decreased by 2.5%, you’ll have to spend around $275,865 to get one.