Tempe, Az

Population: 172,816
Average annual home appreciation rate: 20.15%
Total of homes for sale in this market: 426
Median home price: $301,974
Median Rent: $1,148
Home price range: 37.86% between $150,001 – $301,000
Median sales price: $226,250
Number of homes: 339
Median foreclosure sales price: $175,000
Foreclosure discount: 22.7%
Most common home type: 43.63% single family detached
Number of vacant homes: 11.18%
Number of renters: 58.12%
Number of owner occupied: 41.88%
Number people living below poverty level: 22.16%
Unemployment rate: 4.90%
Is this area perfect for real estate deals going on right now?

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