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Foreclosure Homes in Tempe, AZ 85283

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Tempe, AZ Foreclosures

Current Market Conditions in in Tempe, AZ As of June 2026?
Home values: +1.70% MoM; rent: +0.00% MoM.
How much do homes sell for in Tempe, AZ?
The average home price is currently $761,701.
In Tempe, AZ, how many homes are available?
There are currently 198 active home listings available in Tempe.
What’s the average rental cost in Tempe, AZ?
The average rental price in Tempe is $1,587.
What is the most expensive home in Tempe?
The most expensive home sold in Tempe had a price of $235,624,552.
What is currently the cheapest priced home in Tempe, AZ?
The cheapest home for sale in Tempe is priced at $14,162.

Living in Tempe, AZ

Tempe, AZ is a centrally located East Valley market with strong rental demand, major university influence, lakefront amenities, urban entertainment, and convenient access to Phoenix-area job centers.

Buyer vs Seller Market in Tempe, AZ

Median home value: $455,971 as of 2026-05-14.

Median rent: $1,500 as of 2026-05-14.

Home values: +1.70% MoM, +0.38% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Tempe, AZ

There are currently 43,356 real estate properties in Tempe, AZ, with a median automated valuation model (AVM) price of $455,971.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tempe, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Tempe, AZ, is $761,701.00, with the most expensive house in Tempe, AZ, topping out at $235,624,552.00 and the cheapest home in Tempe, AZ, clocking in at $14,162.00. In other words, there’s something for every potential homebuyer or savvy investor in Tempe, AZ!

Rent Prices In Tempe, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tempe, AZ, is on a rollercoaster ride. The average rent price in Tempe, AZ, is $1,587.00. Indeed, when looking to rent in Tempe, AZ, you can expect to pay as little as $600.00 or as much as $5,780.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Tempe, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Tempe, AZ 85283 Foreclosures

Market Trend for Tempe, AZ

Total Listings Available: 198

Market Values:

Home Prices from $14,162 to $235,624,552

Average Sales Price: $761,701

Rental Values:

Rental from $600 to $5,780

Average Rent Value: $1,587 / month

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