Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $265,000
    3% ( $7,000 ) vs Feb 2015
  • Median Sales Price
    $229,950
    0% ( $0 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $180,000
    0% ( $0 ) vs Feb 2015
  • Foreclosures 355
    Homes for Sale 422
    Recently Sold 1,342

Market Summary

There are currently 355 properties in Tempe, AZ that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 422.

In March, the number of properties that received a foreclosure filing in Tempe, AZ was 25% higher than the previous month and 150% higher than the same time last year.

Home sales for February 2016 were up 34% compared with the previous month, and up 19% compared with a year ago. The median sales price of a non-distressed home was $229,950. The median sales price of a foreclosure home was $180,000, or 22% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$180,000 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $175,050 (Median Foreclosure Sales Price) $186,000 (Median Foreclosure Sales Price) $163,550 (Median Foreclosure Sales Price) $229,950 (Median Sales Price) $229,950 (Median Sales Price) $226,250 (Median Sales Price) $225,000 (Median Sales Price) $0 (Median Sales Price) $218,250 (Median Sales Price) $180,000 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $175,050 (Median Foreclosure Sales Price) $186,000 (Median Foreclosure Sales Price) $163,550 (Median Foreclosure Sales Price) $229,950 (Median Sales Price) $229,950 (Median Sales Price) $226,250 (Median Sales Price) $225,000 (Median Sales Price) $0 (Median Sales Price) $218,250 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
1,937
18.7
% (y-o-y)
$182,377
4.8
% (y-o-y)
23.2%
29.9
% (y-o-y)
Mesa
781
19.8
% (y-o-y)
$185,000
10.1
% (y-o-y)
14.6%
11.9
% (y-o-y)
Scottsdale
595
13.5
% (y-o-y)
$373,000
4.5
% (y-o-y)
12.9%
13.1
% (y-o-y)
Chandler
409
15.5
% (y-o-y)
$249,800
9.8
% (y-o-y)
13.4%
21.0
% (y-o-y)
Gilbert
346
6.8
% (y-o-y)
$258,000
3.6
% (y-o-y)
9.7%
12.6
% (y-o-y)
Glendale
317
41.0
% (y-o-y)
$180,000
5.9
% (y-o-y)
14.4%
21.5
% (y-o-y)
Peoria
243
10.0
% (y-o-y)
$217,500
2.6
% (y-o-y)
16.1%
24.1
% (y-o-y)
Queen Creek
185
11.4
% (y-o-y)
$190,000
11.8
% (y-o-y)
12.0%
3.5
% (y-o-y)
Maricopa
133
68.4
% (y-o-y)
$154,250
8.6
% (y-o-y)
18.1%
15.5
% (y-o-y)
Apache Junction
101
24.7
% (y-o-y)
$130,000
7.1
% (y-o-y)
1.9%
14.3
% (y-o-y)

Local Info For Tempe

Population:
164,147
Cost of Living Index: 115.58
Crime Index: 120.18     Rating: B- View crime details
Schools: 47    Average School Rating: B- View individual school rating
Household Median Income: $47,443
Unemployment: 4.00%
Percentage of vacant homes: 11.19%

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