What are the most expensive neighborhoods in Tempe, AZ?

The neighborhoods with the highest median home values in Tempe, AZ include: Circle G Ranches ($1,834,476), Warner Estates ($1,505,119), Buena Vista Ranchos ($1,128,275), Raintree ($1,025,940), Corona Del Sol ($949,653).

What are the most affordable neighborhoods in Tempe, AZ?

The neighborhoods with the lowest median home values in Tempe, AZ include: Alegre Community ($282,616), West Rio ($310,526), Escalante ($331,742), Sunset ($334,960), Tempe South Mountain ($360,945).

Which Tempe, AZ neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Tempe, AZ include: University Park (4.6%), Superstition (4.5%), Scudder Park West (4.2%), Sunburst Farms (3.8%), Buena Vista Ranchos (3.7%).

Papago Parkway, AZ Housing Market

$570,180

0.3% 1-yr

The average Papago Parkway, AZ home value is $570,180, up 0.3% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Papago Parkway Key Takeaways

Typical Home Values: $570,180

1-Year Value Change: +0.3%

(Data through August 31, 2026)

Papago Parkway Housing Market Overview

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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Papago Park View$471,437
Marlborough Park$532,849
Indian Bend$469,356
West Rio$303,812
East Rio$421,176
Hy-View$637,676
Cavalier Vista$583,389
Riverside$360,792
Cox Heights$579,738

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Papago Parkway Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

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How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.