Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    0% ( $0 ) vs May 2013
  • Median Sales Price
    $201,400
    2% ( $3,400 ) vs May 2013
  • Median Foreclosure Sales Price
    $149,743
    2% ( $3,193 ) vs May 2013
  • Foreclosures 446
    Homes for Sale 493
    Recently Sold 1,987

Market Summary

There are currently 446 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 493.

In June, the number of properties that received a foreclosure filing in Tempe, AZ was 7% higher than the previous month and 41% lower than the same time last year.

Home sales for May 2014 were up 21% compared with the previous month, and down 19% compared with a year ago. The median sales price of a non-distressed home was $201,400. The median sales price of a foreclosure home was $149,743, or 26% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$149,743 (Median Foreclosure Sales Price) $146,550 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $173,500 (Median Foreclosure Sales Price) $201,400 (Median Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $200,000 (Median Sales Price) $199,500 (Median Sales Price) $195,000 (Median Sales Price) $149,743 (Median Foreclosure Sales Price) $146,550 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $173,500 (Median Foreclosure Sales Price) $201,400 (Median Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $200,000 (Median Sales Price) $199,500 (Median Sales Price) $195,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
2,622
16.1
% (y-o-y)
$166,000
7.1
% (y-o-y)
25.3%
25.7
% (y-o-y)
Mesa
1,171
4.2
% (y-o-y)
$167,750
7.5
% (y-o-y)
13.0%
11.7
% (y-o-y)
Scottsdale
799
28.1
% (y-o-y)
$388,000
4.9
% (y-o-y)
24.6%
23.0
% (y-o-y)
Chandler
565
10.2
% (y-o-y)
$229,000
4.6
% (y-o-y)
16.8%
18.9
% (y-o-y)
Gilbert
520
16.4
% (y-o-y)
$240,000
3.0
% (y-o-y)
12.5%
7.8
% (y-o-y)
Glendale
453
27.3
% (y-o-y)
$165,000
10.0
% (y-o-y)
18.8%
12.6
% (y-o-y)
Peoria
320
30.9
% (y-o-y)
$212,000
12.2
% (y-o-y)
28.3%
16.9
% (y-o-y)
Queen Creek
274
32.0
% (y-o-y)
$165,000
9.3
% (y-o-y)
4.8%
16.8
% (y-o-y)
Maricopa
139
48.5
% (y-o-y)
$140,000
3.3
% (y-o-y)
13.1%
11.7
% (y-o-y)
Apache Junction
121
39.8
% (y-o-y)
$139,000
19.2
% (y-o-y)
16.7%
11.6
% (y-o-y)

Local Info For Tempe

Population:
164,147
Cost of Living Index: 115.58
Crime Index: 132.13     Rating: C+ View crime details
Schools: 47    Average School Rating: B- View individual school rating
Household Median Income: $47,443
Unemployment: 4.50%
Percentage of vacant homes: 11.19%