84/48 LUXURY · 85284 GUIDE · NEIGHBORHOODS
ULTRA-LUXURYRaintree
The +1.2% story in a sea of negative numbers.
~$1.06M
Median Value
(+1.2% YOY)
115
Homes in
Neighborhood
85284
Zip Code
South Tempe
Kyrene
Elementary
School District
The character.
Raintree is the broadest and most accessible of the 85284 luxury neighborhoods — approximately 115 homes, a $1.06M median, and +1.2% appreciation in a down market. With a dataset this large, the number is reliable: Raintree is genuinely growing while most of the surrounding county is contracting.
Median home age of ~40 years suggests established construction — the street character is mature, with canopy trees and a neighborhood feel that newer developments can't replicate. For buyers seeking entry into south Tempe's luxury market without stretching into the $1.3M–$2M range, Raintree is the answer.
Who buys here.
First-time luxury buyers, move-up buyers, and out-of-state relocations testing the 85284 market before going deeper. Reliable comps and 115-home depth make this a lower-risk first purchase.
Why it works.
Why Locals Love It
Mature neighborhood character, no HOA, and actual appreciation in a flat-to-down market. Raintree earns its place as the entry point that doesn't feel like a compromise.
Good to Know
At 115 homes, Raintree has real liquidity. Buyers have more options, and sellers have a more reliable comp base. The data here is more trustworthy than in the 14–20 home micro-enclaves.
Pro Tip
For out-of-state buyers testing the 85284 market before going deeper, Raintree is a lower-risk first purchase. Strong appreciation, reliable comps, and the same school and location advantages as pricier neighbors.
HONEST TRADEOFF
Established homes (~40 years) means inspection rigor matters. The reward is a mature neighborhood that newer developments simply can't replicate — canopy trees, established lots, real character.
Who this fits.
“Raintree is the +1.2% story in a sea of negative numbers. For buyers who want to be in 85284 without overextending, this is the neighborhood that rewards the decision — both immediately and over time.”
The specs.
Median Value~$1.06M
Est. Home Count~115
12-Mo. Change+1.2%
Median Home Age~40 years
Ownership92% owner-occupied
HOANone typical
Med. HH Income $185K
Where it sits.
Central 85284, large neighborhood spanning the area near Coventry Tempe and Elliot Estates. Kyrene Elementary, Corona del Sol High School.
Thinking about Raintree?
Let's talk specifics. I can tell you what's currently active, what's likely coming off-market in the next 90 days, and whether this neighborhood is the right fit for your specific move. 15 minutes — no pressure.