Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $265,000
    0% ( $51 ) vs Jul 2015
  • Median Sales Price
    $234,000
    1% ( $2,375 ) vs Jul 2015
  • Median Foreclosure Sales Price
    $215,000
    0% ( $0 ) vs Jul 2015
  • Foreclosures 352
    Homes for Sale 438
    Recently Sold 1,145

Market Summary

There are currently 352 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 438.

In August, the number of properties that received a foreclosure filing in Tempe, AZ was 26% lower than the previous month and 29% lower than the same time last year.

Home sales for July 2016 were down 22% compared with the previous month, and up 104% compared with a year ago. The median sales price of a non-distressed home was $234,000. The median sales price of a foreclosure home was $215,000, or 8% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$215,000 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $210,250 (Median Foreclosure Sales Price) $192,000 (Median Foreclosure Sales Price) $187,600 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $234,000 (Median Sales Price) $236,375 (Median Sales Price) $239,900 (Median Sales Price) $239,700 (Median Sales Price) $232,500 (Median Sales Price) $229,950 (Median Sales Price) $215,000 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $210,250 (Median Foreclosure Sales Price) $192,000 (Median Foreclosure Sales Price) $187,600 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $234,000 (Median Sales Price) $236,375 (Median Sales Price) $239,900 (Median Sales Price) $239,700 (Median Sales Price) $232,500 (Median Sales Price) $229,950 (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
948
62.1
% (y-o-y)
$187,000
1.6
% (y-o-y)
19.5%
28.9
% (y-o-y)
Mesa
287
42.8
% (y-o-y)
$208,000
11.8
% (y-o-y)
24.5%
15.3
% (y-o-y)
Glendale
201
81.1
% (y-o-y)
$196,750
6.4
% (y-o-y)
15.7%
20.8
% (y-o-y)
Scottsdale
166
5.1
% (y-o-y)
$380,000
3.8
% (y-o-y)
Data not available
Gilbert
161
83.0
% (y-o-y)
$262,750
0.8
% (y-o-y)
Data not available
Chandler
151
39.8
% (y-o-y)
$255,000
1.0
% (y-o-y)
11.8%
16.9
% (y-o-y)
Peoria
144
114.9
% (y-o-y)
$238,000
6.3
% (y-o-y)
21.6%
22.9
% (y-o-y)
Laveen
50
150.0
% (y-o-y)
$198,000
11.5
% (y-o-y)
8.7%
4.9
% (y-o-y)
Queen Creek
41
28.1
% (y-o-y)
$199,999
8.1
% (y-o-y)
5.0%
14.1
% (y-o-y)
Tolleson
32
60.0
% (y-o-y)
$179,950
11.1
% (y-o-y)
2.8%
7.9
% (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: 5.10%
Percentage of vacant homes: 11.19%

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