Tempe, AZ Real Estate
According to census data in the year 2000 there were 67,008 housing units in Tempe.
This represents a 9% growth from 61,452 in 1990.
Of those housing units, 66,996 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Tempe is about 51%.
Tempe's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Tempe were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.80% |
| One Bedroom | 18.30% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 29.10% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $132,100 |
| Median Price asked for vacant units | $134,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $680 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 63.60% |
| Debt Free | 17.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
