Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $260,000
    3% ( $7,500 ) vs Mar 2016
  • Median Sales Price
    $228,500
    0% ( $750 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $209,000
    5% ( $10,370 ) vs Mar 2016
  • Foreclosures 213
    Homes for Sale 385
    Recently Sold 359

Market Summary

There are currently 213 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 385.

In April, the number of properties that received a foreclosure filing in Tempe, AZ was 20% higher than the previous month and 8% lower than the same time last year.

Home sales for March 2017 were up 39% compared with the previous month, and down 74% compared with a year ago. The median sales price of a non-distressed home was $228,500. The median sales price of a foreclosure home was $209,000, or 9% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$209,000 (Median Foreclosure Sales Price) $198,630 (Median Foreclosure Sales Price) $198,630 (Median Foreclosure Sales Price) $196,759 (Median Foreclosure Sales Price) $205,119 (Median Foreclosure Sales Price) $205,010 (Median Foreclosure Sales Price) $228,500 (Median Sales Price) $227,750 (Median Sales Price) $239,750 (Median Sales Price) $249,900 (Median Sales Price) $249,950 (Median Sales Price) $240,500 (Median Sales Price) $209,000 (Median Foreclosure Sales Price) $198,630 (Median Foreclosure Sales Price) $198,630 (Median Foreclosure Sales Price) $196,759 (Median Foreclosure Sales Price) $205,119 (Median Foreclosure Sales Price) $205,010 (Median Foreclosure Sales Price) $228,500 (Median Sales Price) $227,750 (Median Sales Price) $239,750 (Median Sales Price) $249,900 (Median Sales Price) $249,950 (Median Sales Price) $240,500 (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
864
66.1
% (y-o-y)
$179,500
4.5
% (y-o-y)
14.8%
25.5
% (y-o-y)
Mesa
288
76.0
% (y-o-y)
$208,000
11.9
% (y-o-y)
9.4%
15.3
% (y-o-y)
Scottsdale
220
72.5
% (y-o-y)
$380,000
2.3
% (y-o-y)
16.8%
16.5
% (y-o-y)
Glendale
176
62.6
% (y-o-y)
$189,450
5.2
% (y-o-y)
10.2%
10.3
% (y-o-y)
Chandler
148
74.4
% (y-o-y)
$250,400
0.6
% (y-o-y)
23.3%
7.6
% (y-o-y)
Peoria
122
64.9
% (y-o-y)
$220,000
2.2
% (y-o-y)
13.9%
18.9
% (y-o-y)
Gilbert
112
78.7
% (y-o-y)
$265,000
2.4
% (y-o-y)
0.6%
7.2
% (y-o-y)
Queen Creek
60
78.2
% (y-o-y)
$192,500
1.3
% (y-o-y)
8.3%
13.2
% (y-o-y)
Laveen
34
52.8
% (y-o-y)
$212,000
13.4
% (y-o-y)
7.9%
1.3
% (y-o-y)
Apache Junction
33
73.0
% (y-o-y)
$154,500
7.3
% (y-o-y)
8.7%
16.1
% (y-o-y)

Local Info For Tempe

Population:
164,147
Cost of Living Index: 115.58
Crime Index: 116.20     Rating: B- View crime details
Schools: 47    Average School Rating: B- View individual school rating
Household Median Income: $47,443
Unemployment: 3.80%
Percentage of vacant homes: 11.19%

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