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Located between the center of Phoenix and the rest of the East Valley. Tempe started as a small community devoted to agriculture for most of its early years. After the end of WorldWar II, the city’s population began to grow at a rapid rate as the veterans and other families started to move to the town. Tempe is a city with a robust modern economy that main;y lies in electronics, commerce, tourism, and manufacturing. The city has an active lifestyle and a relaxed, laid-back atmosphere. As the city is home to Arizona State University, the town’s population was diverse as it welcomes college students, couples, families, and young professionals to enjoy the city on the unexpected side of the Sonoran Desert.

Home Prices

AVERAGE
399,884 +7%
MEDIAN
347,500 +6%

Relative Price (per sqft.)

PRICE
244 +4%

Listings

ACTIVE
75 -6%
NEW
60 +25%

Market Duration

DAYS
63 +11%
Population 168,228 (5.80%)
House Size (sqft.) 1,465 (0.27%)