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%).

Optimist Park SE, AZ Housing Market

$532,120

2.7% 1-yr

The average Optimist Park SE, AZ home value is $532,120, up 2.7% 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

Optimist Park SE Key Takeaways

Typical Home Values: $532,120

1-Year Value Change: +2.7%

(Data through August 31, 2026)

Optimist Park SE 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
Optimist Park NE$462,288
Camelot Village$715,705
Optimist Park SW$516,847
Optimist Park NW$484,328
Juniper Watson$560,424
Cole Park$496,572
Oasis at Anozira$692,286
The Lakes$595,781
Dobson Ranch$458,932

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Optimist Park SE 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.