Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,000
    2% ( $4,100 ) vs Sep 2013
  • Median Sales Price
    $207,500
    0% ( $0 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $183,000
    2% ( $3,150 ) vs Sep 2013
  • Foreclosures 441
    Homes for Sale 457
    Recently Sold 2,024

Market Summary

There are currently 441 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 457.

In October, the number of properties that received a foreclosure filing in Tempe, AZ was 66% higher than the previous month and 23% higher than the same time last year.

Home sales for September 2014 were down 24% compared with the previous month, and down 50% compared with a year ago. The median sales price of a non-distressed home was $207,500. The median sales price of a foreclosure home was $183,000, or 12% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$183,000 (Median Foreclosure Sales Price) $186,150 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $170,224 (Median Foreclosure Sales Price) $149,743 (Median Foreclosure Sales Price) $146,550 (Median Foreclosure Sales Price) $207,500 (Median Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,500 (Median Sales Price) $201,400 (Median Sales Price) $198,000 (Median Sales Price) $183,000 (Median Foreclosure Sales Price) $186,150 (Median Foreclosure Sales Price) $190,500 (Median Foreclosure Sales Price) $170,224 (Median Foreclosure Sales Price) $149,743 (Median Foreclosure Sales Price) $146,550 (Median Foreclosure Sales Price) $207,500 (Median Sales Price) $207,500 (Median Sales Price) $205,000 (Median Sales Price) $205,500 (Median Sales Price) $201,400 (Median Sales Price) $198,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
2,002
19.0
% (y-o-y)
$175,000
8.0
% (y-o-y)
29.4%
24.4
% (y-o-y)
Mesa
764
2.1
% (y-o-y)
$175,000
5.4
% (y-o-y)
19.1%
15.7
% (y-o-y)
Scottsdale
625
5.4
% (y-o-y)
$340,000
7.9
% (y-o-y)
11.8%
17.3
% (y-o-y)
Chandler
445
5.7
% (y-o-y)
$230,000
2.1
% (y-o-y)
20.2%
14.9
% (y-o-y)
Glendale
439
4.8
% (y-o-y)
$165,000
3.1
% (y-o-y)
13.6%
10.8
% (y-o-y)
Gilbert
410
0.5
% (y-o-y)
$250,000
3.0
% (y-o-y)
14.0%
10.6
% (y-o-y)
Peoria
266
23.1
% (y-o-y)
$209,844
0.1
% (y-o-y)
18.5%
19.1
% (y-o-y)
Queen Creek
254
15.9
% (y-o-y)
$168,700
5.0
% (y-o-y)
1.0%
12.9
% (y-o-y)
Maricopa
130
49.0
% (y-o-y)
$139,950
1.6
% (y-o-y)
7.0%
7.5
% (y-o-y)
Tolleson
119
108.8
% (y-o-y)
$152,900
2.4
% (y-o-y)
8.5%
9.5
% (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: 5.10%
Percentage of vacant homes: 11.19%