Tucson, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 20,842 transactions over the past year in Tucson. The median value for residential home transactions that occurred over the previous year is $340,078.35. The number of current listings in Tucson is 848, and the percentage of properties for sale in the city is 73.68%. Tucson, AZ currently has 303 properties in foreclosure, 15 bank owned properties, 288 properties headed for auction, and 848 properties for sale.

Tucson, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85743

$ 396,606

$ 219/sqft

85750

$ 701,730

$ 288/sqft

85719

$ 367,780

$ 250/sqft

85705

$ 322,056

$ 203/sqft

85742

$ 385,391

$ 211/sqft

85712

$ 269,200

$ 203/sqft

85730

$ 288,014

$ 201/sqft

85745

$ 380,263

$ 216/sqft

85710

$ 315,555

$ 198/sqft

85755

$ 520,691

$ 256/sqft

85713

$ 255,198

$ 188/sqft

85716

$ 348,340

$ 272/sqft

85711

$ 298,150

$ 203/sqft

85718

$ 720,650

$ 285/sqft

85704

$ 398,794

$ 229/sqft

85706

$ 279,246

$ 172/sqft

85739

$ 495,800

$ 232/sqft

85715

$ 417,381

$ 217/sqft

85747

$ 376,726

$ 206/sqft

85746

$ 263,777

$ 192/sqft

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Housing Market Summary for Tucson, AZ

Aug 2022August 2023Change
Median Listing Price$344.9K$342.8K-0.60%
Median Sold Price$345.2K$342.8K-0.67%
Homes For Sale1,080860-20.37%
Homes Sold14,31910,531-26.45%
Price
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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%.

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Browse Homes in Tucson, AZ

Tucson home values range from $39,261 to $17,756,650. The median estimated value of a home in Tucson is $340,078.35. The median list price of a home is 340,000, and the total count of properties in the city is 272,747.

Foreclosure
There are 29 zips within Tucson, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $1,121,973 in 85705 to the lowest value of $82,903 in 85705. Foreclosure homes account for 0.00% of properties in Tucson, AZ with 85706 containing 28 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 29 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Tucson, AZ ranges from the highest value of $433,630 in 85739 to the lowest value of $133,600 in 85735. Bank owned homes and properties account for 0.01% of properties in Tucson, AZ. There are 29 zips within Tucson, AZ; 85742 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85706 has 27 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 0.11% of all properties in Tucson, AZ. There are 29 zips within Tucson, AZ; of those zips, the median estimated home value for homes going to auction ranges from $1,121,973 in 85715 to the lowest value of $82,903 in 85715.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Tucson, AZ with 85743 containing 53 homes for sale, the highest number of listed properties in a single zip. There are 29 zips within Tucson, AZ; homes for sale in those zips, have a range of median values from $2,794,154 in 85747 to the lowest value of $85,000 in 85704.
    Sold Homes
    The median value for recently sold homes ranges from $4,277,071 in 85739 to the lowest price of $48,198 in 85739. There are 29 zips within Tucson, AZ. 85710 has 680 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.94% of properties in Tucson, AZ.

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