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Condos for Sale in Downtown Tempe, Tempe

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  • Overview
  • Market Summary
  • 1 Bedroom Condos
  • 2 Bedroom Condos
  • 3+ Bedroom Condos
  • Pet-Friendly Condos
  • Condos with Stunning Views
  • Neighbourhood
  • Demographics

About Downtown Tempe

Downtown Tempe is a lively area in Tempe, Arizona. It blends a rich history with a modern vibe, making it a great place to live and explore. This district features a mix of shops and local spots that attract visitors and locals alike. The strong community spirit and active atmosphere create a welcoming environment for everyone. Units with 1–3 bedrooms (one-bedroom 1166.0 - 1229.0 sq ft, two-bedroom 1600.0 - 1952.0 sq ft, three-plus 2411.0 - 2411.0 sq ft) fit a range of needs.

Downtown Tempe Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size1182.75 sqft
2 Bedroom avg size1795.57 sqft
3 Bedroom avg size2411 sqft

Pricing and Liquidity

No price and liquidity data available.

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1 Bedroom Condos

AVG PPSF$401.66 /sqft
AVG SOLD PRICE$475,000
AVG DAYS ON MARKET164 Days
Downtown Tempe features numerous 1-bed condos that range from 1166 to 1229 sq ft. Many of these condos sit close to essential amenities, such as bus stops and nearby corner stores. Current prices for these condos average around $475,000. A mix of stone sidewalks, benches, and street lights enhance the community's charm and accessibility. Most condos in this area spend about 164 days on the market. Courtyards with greenery and seating provide refreshing outdoor spaces for residents. The unique architecture and vibrant atmosphere create a lively backdrop for daily life. Rich local culture, including cafes and shops, surrounds these residential units, adding to their appeal.

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2 Bedroom Condos

AVG PPSF$474.48 /sqft
AVG SOLD PRICE$856,700
AVG DAYS ON MARKET62 Days
Downtown Tempe features various 2-bed condos, typically measuring between 1,600 and 1,952 sq ft. These residences are located near numerous conveniences, such as bus stops and local cafes. Stone sidewalks weave through the area, creating a pleasant environment for walking. Residents can enjoy nearby green spaces with well-kept benches and tall trees. A typical 2-bed condo is priced at approximately $856,700. Market conditions show that these condos spend around 62 days on the market before they sell. Each unit often offers modern finishes that enhance the living space, contributing to the neighborhood's vibrant feel. The community atmosphere thrives due to its mix of residences and local businesses.

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3+ Bedroom Condos

AVG PPSF$528.83 /sqft
AVG SOLD PRICE$1,275,000
AVG DAYS ON MARKET20 Days
Downtown Tempe hosts numerous 3-bed condos. In fact, these condos feature a spacious layout of 2411 sq ft, providing ample room for living. You can find them close to popular spots, such as local cafes and corner stores. Actual prices for these condos are around $1,275,000, reflecting their desirable location near parks with benches and well-maintained crosswalks. Current market data shows that these units typically spend about 20 days on the market before being sold. Residents enjoy the convenience of nearby bus stops and neatly lined stone sidewalks. This area combines modern living with vibrant city life, making it an attractive option.

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Pet-Friendly Condos

Unable to find pet-friendly condos in Downtown Tempe.

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The Neighbourhood: Downtown Tempe

Downtown Tempe is a lively college-focused core near Arizona State University. The area has Mill Avenue shops, cafes, and a mix of bars and restaurants. The district hosts Tempe Town Lake with walking and bike paths. Local parks and public art create casual outdoor space. The area offers grocery stores, gyms, a library, and small theaters. The district runs farmers markets and community events. Transit links include Valley Metro light rail, multiple bus lines, bike lanes, and easy freeway access. The area makes short trips around the city simple.

Demographics

Average Resident age25 years old
Average household Income$41,001 /year
Average HouseHold Composition2 People
button icon What to know about Downtown Tempe demographics:
  • Many residents have a Bachelor's degree. In fact, about 29.22% of the people here are educated.
  • The average age of people living in Downtown Tempe is 25 years old.
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Frequently Asked Questions about Downtown Tempe

What is it like to live in Downtown Tempe, Tempe, AZ?

Downtown Tempe offers a vibrant community with plenty of shops, restaurants, and cultural spots. The area is walkable and has a mix of residential options, including apartments and townhomes. The nearby ASU campus adds a youthful energy to the neighborhood.

Is Downtown Tempe, Tempe, AZ expensive?

Downtown Tempe has a mix of housing prices. It features both affordable apartments and more costly condos. Prices reflect its central location and the amenities available.

What is the weather of Downtown Tempe, Tempe, AZ?

Downtown Tempe has hot summers with temperatures often exceeding 100°F. Winters are mild, with average highs in the 60s and low 70s. Rainfall is low, mainly occurring during the summer months.

How safe is Downtown Tempe, Tempe, AZ?

Downtown Tempe is generally considered a safe area, especially during the day. It has regular police presence and frequent pedestrian traffic. As in any urban setting, safety can vary in specific locations and at night.