85281 Real Estate Market

85281 Market

The median sale price for homes in 85281 over the last 12 months is $142,800.


The median mortgage debt is $82,071.

Additional Statistics for Single Family Homes and Condos in Tempe, AZ
$169,350
Median Listing Price
20
Median Days on Market
41
Active Listings
24.4%
Distressed Listings
(foreclosures and short sales)
85281 (Tempe, AZ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Tempe is $165,000. The list prices dropped by -2.88% from the previous month.

The price per square foot for listings in this area is $149.

The median sale price in January for single family homes is $128,467. The sale prices increased by 14.06% from the previous month.

The price per square foot for sales in this area is $139.

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85281 (Tempe, AZ) Market Inventory Trends

The number of active listings in Tempe dropped by 26.7% from the previous month.

The median number of days active properties have been listed is 14. This is significantly shorter than the national average.

The number of sales in January dropped by 58.8% from the previous month.

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85281 (Tempe, AZ) Property Ownership

The percent of owner occupied properties in Tempe is 35.73% below the national average.

The percent of rental properties in Tempe is 44.69% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.