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Bankruptcy Homes in Tempe, AZ

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Tempe, AZ Foreclosures

Current Market Conditions in in Tempe, AZ As of February 2026?
Over the past month, the Tempe housing market has shown signs of stability, with steady interest from buyers leading to a slight uptick in home sales. While inventory remains low, the competition among buyers is creating a favorable environment for sellers looking to list their properties. The average time on the market has decreased, indicating robust demand for homes in the area.
How much do homes sell for in Tempe, AZ?
The average home price is currently $762,324.
In Tempe, AZ, how many homes are available?
There are currently 108 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 $238,141,440.
What is currently the cheapest priced home in Tempe, AZ?
The cheapest home for sale in Tempe is priced at $14,334.

Living in Tempe, AZ

Tempe, AZ, is a lively city known for its dynamic lifestyle and cultural scene. Home to Arizona State University, it features a variety of restaurants, parks, and recreational activities. With convenient public transportation and a strong sense of community, Tempe is an attractive option for residents seeking both urban convenience and outdoor entertainment.

Buyer vs Seller Market in Tempe, AZ

Tempe's real estate market has seen consistent growth in recent years, driven by its proximity to Arizona State University and the overall demand for housing in the Phoenix metropolitan area. Home prices have risen steadily, reflecting the desirable lifestyle and amenities the city offers. Buyers and investors are increasingly interested in both single-family homes and multi-family units, as rental demand remains strong among students and young professionals.

Home Value Estimator For Tempe, AZ

There are currently 43,383 real estate properties in Tempe, AZ, with a median automated valuation model (AVM) price of $453,458.00. 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 $762,324.00, with the most expensive house in Tempe, AZ, topping out at $238,141,440.00 and the cheapest home in Tempe, AZ, clocking in at $14,334.00. 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 Bankruptcy Homes

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