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
| Zip | Median Est. Value | Zip | Median 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 |
Housing Market Summary for Tucson, AZ
| Aug 2022 | August 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $344.9K | $342.8K | -0.60% |
| Median Sold Price | $345.2K | $342.8K | -0.67% |
| Homes For Sale | 1,080 | 860 | -20.37% |
| Homes Sold | 14,319 | 10,531 | -26.45% |
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 $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.
- 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 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 OwnedThe 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.
- Auctions85706 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.
