Tucson, AZ Home Values & Market Trends
Real estate market trends reflect that there have been 13,939 transactions over the past year in Tucson. The median value for residential home transactions that occurred over the previous year is $349,220.83. The number of current listings in Tucson is 1,014, and the percentage of properties for sale in the city is 1014.00%. Tucson, AZ currently has 295 properties in foreclosure, 9 bank owned properties, 286 properties headed for auction, and 1,014 properties for sale.
Tucson, AZ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 85710 | $ 293,876 $ 202/sqft | 85737 | $ 515,365 $ 251/sqft |
| 85742 | $ 412,235 $ 240/sqft | 85719 | $ 379,480 $ 278/sqft |
| 85739 | $ 517,918 $ 235/sqft | 85705 | $ 262,489 $ 219/sqft |
| 85750 | $ 539,000 $ 299/sqft | 85757 | $ 364,479 $ 176/sqft |
| 85743 | $ 424,535 $ 227/sqft | 85748 | $ 420,000 $ 217/sqft |
| 85756 | $ 360,592 $ 200/sqft | 85706 | $ 275,000 $ 176/sqft |
| 85730 | $ 304,895 $ 224/sqft | 85746 | $ 289,000 $ 192/sqft |
| 85711 | $ 295,127 $ 216/sqft | 85735 | $ 360,000 $ 188/sqft |
| 85747 | $ 361,081 $ 199/sqft | 85714 | $ 240,595 $ 204/sqft |
| 85755 | $ 505,406 $ 264/sqft | 85736 | $ 509,762 $ 185/sqft |
| 85716 | $ 335,961 $ 236/sqft | 85701 | $ 565,000 $ 336/sqft |
| 85745 | $ 398,000 $ 245/sqft | 85724 | $ -- $ -- |
| 85718 | $ 627,176 $ 294/sqft | 85709 | $ -- $ -- |
| 85712 | $ 305,909 $ 208/sqft | 85707 | $ -- $ -- |
| 85713 | $ 260,000 $ 186/sqft | 85744 | $ -- $ -- |
| 85715 | $ 479,000 $ 238/sqft | 85708 | $ -- $ -- |
| 85704 | $ 525,000 $ 230/sqft | 85723 | $ -- $ -- |
| 85749 | $ 654,017 $ 278/sqft | 85721 | $ -- $ -- |
| 85741 | $ 333,084 $ 239/sqft |
Housing Market Summary for Tucson, AZ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $341.9K | $349.3K | 2.17% |
| Median Sold Price | $339K | $349.3K | 3.05% |
| Homes For Sale | 926 | 1,078 | 16.41% |
| Homes Sold | 8,881 | 8,752 | -1.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Tucson, AZ
Browse Homes in Tucson, AZ
Tucson home values range from $20,482 to $63,401,899. The median estimated value of a home in Tucson is $349,220.83. The median list price of a home is 359,450, and the total count of properties in the city is 278,954.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Tucson, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 37 zips within Tucson, AZ; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tucson, AZ ranges from the highest value of $292,579 in 85739 to the lowest value of $172,192 in 85712. Bank owned homes and properties account for 0.00% of properties in Tucson, AZ. There are 37 zips within Tucson, AZ; 85712 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions85706 has 24 auction properties, the highest number of properties going to auction in a single zip in the state of Tucson, AZ. Auction homes and other auction properties account for 0.10% of all properties in Tucson, AZ. There are 37 zips within Tucson, AZ; of those zips, the median estimated home value for homes going to auction ranges from $332,677 in 85701 to the lowest value of $106,685 in 85701.
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Guide for Tucson, AZ
The Tucson real estate market has witnessed significant growth trends, with average property values reaching $367,000 as of February 2024. This growth offers equity gain opportunities to investors despite the market’s competitive nature. Additionally, neighboring cities present varied property value and market activity scenarios, offering homebuyers a range of options.
Glendale, AZ’s real estate market has seen considerable fluctuations in property value and sale prices. The significant peaks and troughs offer intriguing trends to potential buyers, sellers, and investors, while a comparative analysis with nearby cities like Phoenix, Peoria, and Sun City presents a diverse real estate landscape in this region of Arizona.
The Mesa, Arizona real estate market displays a variety of trends with property values fluctuating monthly.
Overview of the Chandler, Arizona real estate market – Mar 2024.
