Construction Value
$190.6M ▼ 27.8%
Units Permitted
1,075 ▼ 28.1%
Avg Value / Unit
$177K
2024 · Census Bureau Building Permits Survey
Construction activity in Tempe slowed in 2024, down 28.1% from the prior year with 1,075 housing units permitted. At $177K per unit, new builds are 30% below the Maricopa County average of $253K, indicating more affordable construction. Volume is 430% above the county average of 203 units, suggesting faster-than-typical growth. 90.8% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Predominantly multi-unit and higher-density construction.
Construction Intensityi
$1K
per resident
County avg: $3K-62%
$4.8M
per square mile
Tempe vs. Maricopa County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 99 | 99 | $20.7M | 11% |
| ■ Duplex | 14 | 7 | $1.8M | 1% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 962 | 12 | $168.1M | 88% |
County Ranking by Construction Volume
Among 24 permit-issuing towns in Maricopa County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →