Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $247,500
    1% ( $2,600 ) vs May 2014
  • Median Sales Price
    $220,000
    0% ( $500 ) vs May 2014
  • Median Foreclosure Sales Price
    $175,300
    0% ( $700 ) vs May 2014
  • Foreclosures 322
    Homes for Sale 346
    Recently Sold 752

Market Summary

There are currently 322 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 346.

In June, the number of properties that received a foreclosure filing in Tempe, AZ was 4% higher than the previous month and 0% higher than the same time last year.

Home sales for May 2015 were up 271% compared with the previous month, and down 15% compared with a year ago. The median sales price of a non-distressed home was $220,000. The median sales price of a foreclosure home was $175,300, or 20% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$175,300 (Median Foreclosure Sales Price) $176,000 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $183,000 (Median Foreclosure Sales Price) $146,500 (Median Foreclosure Sales Price) $185,000 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $219,500 (Median Sales Price) $209,250 (Median Sales Price) $214,000 (Median Sales Price) $203,000 (Median Sales Price) $212,500 (Median Sales Price) $175,300 (Median Foreclosure Sales Price) $176,000 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $183,000 (Median Foreclosure Sales Price) $146,500 (Median Foreclosure Sales Price) $185,000 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $219,500 (Median Sales Price) $209,250 (Median Sales Price) $214,000 (Median Sales Price) $203,000 (Median Sales Price) $212,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Phoenix
1,854
32.6
% (y-o-y)
$187,000
12.7
% (y-o-y)
29.7%
25.3
% (y-o-y)
Mesa
739
37.2
% (y-o-y)
$180,000
7.1
% (y-o-y)
15.3%
13.7
% (y-o-y)
Scottsdale
611
23.7
% (y-o-y)
$360,500
7.0
% (y-o-y)
Data not available
Chandler
406
28.3
% (y-o-y)
$240,000
4.4
% (y-o-y)
20.3%
16.0
% (y-o-y)
Gilbert
380
26.8
% (y-o-y)
$255,000
6.3
% (y-o-y)
11.8%
12.4
% (y-o-y)
Glendale
357
21.7
% (y-o-y)
$182,750
10.8
% (y-o-y)
19.6%
18.8
% (y-o-y)
Peoria
257
19.9
% (y-o-y)
$227,000
6.2
% (y-o-y)
22.1%
29.8
% (y-o-y)
Queen Creek
193
31.1
% (y-o-y)
$180,000
9.1
% (y-o-y)
13.7%
8.3
% (y-o-y)
Maricopa
106
27.4
% (y-o-y)
$154,950
10.7
% (y-o-y)
19.3%
12.1
% (y-o-y)
Apache Junction
94
22.3
% (y-o-y)
$150,000
7.1
% (y-o-y)
4.4%
17.9
% (y-o-y)

Local Info For Tempe

Population:
164,147
Cost of Living Index: 115.58
Crime Index: 111.50     Rating: B- View crime details
Schools: 47    Average School Rating: B- View individual school rating
Household Median Income: $47,443
Unemployment: 4.20%
Percentage of vacant homes: 11.19%