Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $265,000
    0% ( $0 ) vs Mar 2015
  • Median Sales Price
    $232,500
    1% ( $2,550 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $187,600
    4% ( $7,600 ) vs Mar 2015
  • Foreclosures 367
    Homes for Sale 426
    Recently Sold 1,328

Market Summary

There are currently 367 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 426.

In April, the number of properties that received a foreclosure filing in Tempe, AZ was 4% higher than the previous month and 24% higher than the same time last year.

Home sales for March 2016 were up 28% compared with the previous month, and up 465% compared with a year ago. The median sales price of a non-distressed home was $232,500. The median sales price of a foreclosure home was $187,600, or 19% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$187,600 (Median Foreclosure 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) $232,500 (Median 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) $187,600 (Median Foreclosure 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) $232,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
2,549
219.8
% (y-o-y)
$188,000
7.4
% (y-o-y)
25.5%
28.6
% (y-o-y)
Mesa
1,200
363.3
% (y-o-y)
$185,940
11.5
% (y-o-y)
15.3%
13.0
% (y-o-y)
Scottsdale
800
344.4
% (y-o-y)
$389,000
9.6
% (y-o-y)
16.5%
3.0
% (y-o-y)
Chandler
579
283.4
% (y-o-y)
$249,000
10.2
% (y-o-y)
7.6%
22.1
% (y-o-y)
Gilbert
527
293.3
% (y-o-y)
$258,750
5.6
% (y-o-y)
7.2%
12.5
% (y-o-y)
Glendale
470
211.3
% (y-o-y)
$180,100
6.0
% (y-o-y)
10.3%
19.3
% (y-o-y)
Peoria
348
291.0
% (y-o-y)
$224,900
5.6
% (y-o-y)
18.9%
23.1
% (y-o-y)
Queen Creek
274
417.0
% (y-o-y)
$190,000
11.8
% (y-o-y)
13.2%
10.1
% (y-o-y)
Maricopa
195
529.0
% (y-o-y)
$159,862
12.6
% (y-o-y)
21.4%
15.5
% (y-o-y)
Apache Junction
122
205.0
% (y-o-y)
$144,000
3.2
% (y-o-y)
16.1%
10.5
% (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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