Tempe Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $259,000
    2% ( $5,900 ) vs May 2015
  • Median Sales Price
    $239,900
    0% ( $200 ) vs May 2015
  • Median Foreclosure Sales Price
    $210,250
    10% ( $18,250 ) vs May 2015
  • Foreclosures 369
    Homes for Sale 450
    Recently Sold 1,113

Market Summary

There are currently 369 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 450.

In June, the number of properties that received a foreclosure filing in Tempe, AZ was 49% lower than the previous month and 28% lower than the same time last year.

Home sales for May 2016 were down 39% compared with the previous month, and down 30% compared with a year ago. The median sales price of a non-distressed home was $239,900. The median sales price of a foreclosure home was $210,250, or 12% lower than non-distressed home sales.

Sales Prices - Tempe, AZ




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$210,250 (Median Foreclosure Sales Price) $192,000 (Median Foreclosure 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) $239,900 (Median Sales Price) $239,700 (Median Sales Price) $232,500 (Median Sales Price) $229,950 (Median Sales Price) $229,950 (Median Sales Price) $226,250 (Median 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) $180,000 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $239,900 (Median Sales Price) $239,700 (Median Sales Price) $232,500 (Median Sales Price) $229,950 (Median Sales Price) $229,950 (Median Sales Price) $226,250 (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
1,666
10.2
% (y-o-y)
$196,000
4.8
% (y-o-y)
23.8%
29.7
% (y-o-y)
Mesa
577
21.9
% (y-o-y)
$192,000
6.7
% (y-o-y)
14.0%
15.3
% (y-o-y)
Scottsdale
416
31.9
% (y-o-y)
$390,000
8.2
% (y-o-y)
15.4%
0.6
% (y-o-y)
Chandler
373
8.1
% (y-o-y)
$250,000
4.2
% (y-o-y)
7.9%
20.3
% (y-o-y)
Gilbert
324
14.7
% (y-o-y)
$265,000
3.9
% (y-o-y)
3.8%
11.8
% (y-o-y)
Glendale
322
9.8
% (y-o-y)
$192,000
5.1
% (y-o-y)
9.7%
19.6
% (y-o-y)
Peoria
208
19.1
% (y-o-y)
$230,000
1.3
% (y-o-y)
22.4%
22.1
% (y-o-y)
Queen Creek
112
42.0
% (y-o-y)
$199,900
11.1
% (y-o-y)
10.0%
13.7
% (y-o-y)
Laveen
65
14.0
% (y-o-y)
$185,000
5.7
% (y-o-y)
5.4%
7.9
% (y-o-y)
Tolleson
52
10.6
% (y-o-y)
$178,950
8.5
% (y-o-y)
5.3%
9.1
% (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: 4.50%
Percentage of vacant homes: 11.19%

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