In May 2018, there were 191 homes sold, with a median sale price of $295,000 - a 12% increase over the $263,475 median sale price for the same period of the previous year. There were 230 homes sold in Tempe in May 2017.
The median sales tax in Tempe for the most recent year with available data, 2017, was $1,774, approximately 0.6% of the median home sale price for May 2018.
The following table compares Tempe to other Maricopa County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chandler (unincorporated) | 73 | 91 | -19.8% | $310,000 | $279,950 | 10.7% |
| Uninc-85375/Sun City West | 2 | 0 | - | $308,600 | $0 | - |
| Chandler | 467 | 521 | -10.4% | $308,500 | $289,900 | 6.4% |
| Wickenburg | 12 | 20 | -40% | $307,250 | $196,500 | 56.4% |
| Gilbert | 479 | 550 | -12.9% | $305,000 | $292,000 | 4.5% |
| Tempe | 191 | 230 | -17% | $295,000 | $263,475 | 12% |
| Uninc-85387/Surprise North | 11 | 26 | -57.7% | $287,735 | $286,577.50 | 0.4% |
| Litchfield Park (unincorporated) | 50 | 65 | -23.1% | $276,450 | $258,000 | 7.2% |
| Uninc-85383/Peoria North | 7 | 10 | -30% | $275,000 | $264,425.50 | 4% |
| Goodyear | 180 | 222 | -18.9% | $263,950 | $245,000 | 7.7% |
| Peoria | 350 | 413 | -15.3% | $259,950 | $242,500 | 7.2% |
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