Housing Market Report for Homes in 85283, between $400,000 - $600,000
By Jan Green - Scottsdale, AZ, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
The housing market for Tempe, Arizona, 85283 feels like a repeat of early 2022! Sales are quick and there are very few homes for sale in 85283. The focus of this report will be for homes about 1500 square feet that are priced between $400,000 and $600,000. The zip code 85283 is south of Arizona State University, with a student population of over 74,000 students in Tempe. ASU also has campuses in downtown Phoenix, Glendale, Mesa and a new Innovation Center being built near Mayo Hospital in Phoenix. So the total student population is well over 100,000. Rental homes are common in the Tempe area and in demand. The population of the City of Tempe is over 118,000 people not including ASU students. Tempe is a diverse city with plenty of entertainment options. These include activi...
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