AZ · Metro #54

Tucson - AZ housing market

The Tucson metro has a typical home value of $342,604, down 2.0% from a year ago. Homes sell in 35 days on average - a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$342,604
-2.0% vs. year ago
Median sale price
$347,069
+1.5% YoY
Median list price
$376,333
Sale-to-list ratio
97.8%
Selling below ask
Days on market
35d
Listings w/ price cut
29.2%
New listings / mo
1,316
-5.7% YoY
Homes for sale
5,146
+6.1% YoY
Typical rent
$1,446/mo
+0.8% YoY
Context

How to read this data

The typical home value ($342,604) is the Zillow Home Value Index for the Tucson - AZ metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 2.0% over the past year. A home worth $349,596 last year is now worth roughly $342,604.

The median sale price , what homes actually close for , is $347,069. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Tucson - AZ sit on the market for roughly 35 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,316 new listings hit the market each month in Tucson - AZ. There are currently 5,146 homes for sale, up 6.1% from a year ago.

The typical monthly rent in Tucson - AZ is $1,446, up 0.8% year over year. For investors, the price-to-rent ratio here is roughly 20x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in AZ

MetroHome value1-yr changeDays on market
Phoenix - AZ$448,933 -1.8% 28.0d
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