West Tempe Multifamily Home for Sale
About West Tempe
West Tempe, located in the heart of the Phoenix Metropolitan area, has retained its residential charm while evolving with the city around it. Historically an agricultural community, the area has transformed significantly since World War II, now housing Arizona State University (ASU) and various businesses. Home styles in West Tempe range from historic bungalows and mid-century ranch-style homes to modern builds, with some properties spanning a few acres and accommodating horses. The neighborhood is known for its excellent public schools, with the Tempe Union and Kyrene School Districts earning high marks. Residents enjoy a variety of attractions, including the Mill Avenue District, which offers restaurants, nightlife, and events such as the Tempe Festival for the Arts and the Tempe Mill Avenue Fantasy of Lights. Outdoor enthusiasts can explore numerous parks like Svob Park and Peterson Park, as well as mountain biking and hiking trails. West Tempe also hosts several athletic events annually, including the Ironman and Rock and Roll Marathon and Half Marathon. Major employers in the area include Bank of the West, Honeywell, Intel, Target, and ASU, making it a convenient location for commuters. The neighborhood is well-connected with nearby Interstate 10 and the 202 freeway, providing a typical 20-minute commute to Downtown Phoenix and a 10 to 20-minute drive to Phoenix Sky Harbor International Airport.
Home Trends in West Tempe, AZ
On average, homes in West Tempe, Tempe sell after 48 days on the market compared to the national average of 47 days. The average sale price for homes in West Tempe, Tempe over the last 12 months is $320,060, up 9% from the average home sale price over the previous 12 months.