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Housing in Tempe, Arizona

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Housing - Updated September, 2011
HousingTempe, AZUnited States
Median Home Age30.835.1
Median Home Cost$183,000$175,100
Home Appreciation-11.15%-3.15%
Homes Owned45.68%59.90%
Housing Vacant5.09%10.37%
Homes Rented49.23%29.73%
Property Tax Rate$7.57$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0002.32%2.65%
$20,000 to $39,9992.20%3.76%
$40,000 to $59,9991.78%4.99%
$60,000 to $79,9991.54%6.01%
$80,000 to $99,9993.49%7.27%
$100,000 to $149,99921.54%19.24%
$150,000 to $199,99925.86%14.67%
$200,000 to $299,99927.14%18.09%
$300,000 to $399,9997.71%9.14%
$400,000 to $499,9992.64%4.94%
$500,000 to $749,9992.82%5.42%
$750,000 to $999,9990.68%2.03%
$1,000,000 or more0.29%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20059.17%13.71%
1995 to 19985.99%8.54%
1990 to 19947.95%5.77%
1980 to 198925.30%13.87%
1970 to 197930.29%16.17%
1960 to 196914.91%11.70%
1950 to 19594.81%11.08%
1940 to 19491.11%6.02%
1939 or Earlier0.47%13.15%

The median home value in Tempe, AZ, is $183,000. Home appreciation is -11.15% over the last year. The median age of Tempe, AZ, real estate is 31 years.

Tempe, AZ Apartments and Rentals

Renters make up 49.23% of the Tempe, AZ, population. 5.09% of houses and apartments in Tempe, AZ, are unoccupied (vacancy rate).


Tempe Housing SperlingViews

The Best Place and sometimes the Worst Place to li: I live in Tempe where the city is the home of Arizona State University. This has good and bad points.The city is fun and in the middle of an urban housing renewal that's... (read more)ASU: Great college town near the ASU... (read more)Still waiting to catch up...: Tempe really is the hub of Arizona's Phoenix metro-area. Downtown Tempe Mill Avenue, blocks from Arizona State University, features a multitude of eateries and bars (not... (read more)Have an opinion about Tempe? Leave a commentTo See All SperlingViews for Tempe Click Here