Tucson Real Estate Adjusts with $351K Average Value in April 2024 Amid Regional Market Fluctuations
The Tucson, Arizona housing market shows a variety of trends in 2024, with fluctuating property values, sale prices per square foot, and sales activity observed within Tucson and nearby cities.
Key Takeaways
- Tucson's average property value dipped to $351,000 in April 2024, from $367,000.
- Sale price per square foot rose from about $223 in January to $231 in April 2024.
- Sales fell from 10,594 in September 2023 to 8,907 in April 2024.
- The average sale price was $357,344 in April 2024.
Tucson Housing Market Overview
The real estate landscape in Tucson, Arizona, has shown a variety of trends worth noting as of April 2024. Average property values and sale prices per square foot have changed slightly, month-over-month. Properties are averaging $367,000 but in April 2024 we see a dip to $351,000, hinting at market adjustments or buyer sentiment shifts.
Tucson, AZ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 85742 |
$ 412,235 $ 235/sqft |
85713 |
$ 238,947 $ 186/sqft |
| 85710 |
$ 284,250 $ 199/sqft |
85741 |
$ 331,161 $ 238/sqft |
| 85750 |
$ 579,910 $ 296/sqft |
85748 |
$ 426,469 $ 203/sqft |
| 85730 |
$ 309,900 $ 219/sqft |
85705 |
$ 267,500 $ 219/sqft |
| 85743 |
$ 412,183 $ 235/sqft |
85746 |
$ 286,591 $ 203/sqft |
| 85704 |
$ 383,561 $ 226/sqft |
85757 |
$ 350,837 $ 177/sqft |
| 85747 |
$ 377,890 $ 196/sqft |
85706 |
$ 257,244 $ 176/sqft |
Frequently Asked Questions
What is the average home value in Tucson in April 2024?
$351,000, down from $367,000, with an average sale price of $357,344.
How does Tucson compare with nearby cities?
Marana averaged $465,000, Vail $410,000 and Green Valley $315,000 in April 2024, while Mount Lemmon averaged $775,000.
About the author: Manuel Martinez
RealtyTrac contributor
Manuel Martinez is a contributor to RealtyTrac who writes about local housing markets, home buying and real estate investing. He has written for RealtyTrac since 2013, covering city and state market reports, home buying guides and tips, investment financing and strategies for buying and flipping homes.
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