Tucson Housing Market: Trends & Prices (2025)
Tucson Real Estate Market Overview
(Last Updated – 04/2025)
Over a half a million people call Tucson home, according to the latest census data, and it’s easy to see why. Between stunning mountain views, dreamy desert skies, and sunsets worthy of a postcard, this Arizona city has no shortage of remarkable scenery.
Tucson offers more perks than just good views. Despite having such a large population, the average commute takes less than 25 minutes. The summers are dry instead of humid, the winters are mild, and the city is a melting pot of cultures, traditions, and religions.
When it comes to the Tucson real estate market, homebuyers looking for big-city affordability are in luck. The typical Tucson home price of $324,500 is lower than the national median of $424,810.
Nonetheless, local real estate pros say that some aspiring Tucson homeowners are finding it hard to keep up with increasing housing prices. Given that Tucson has a median household income of $55,708, it’s understandable how the city might be out of reach for some buyers.
The overall cost of living in Tucson is also higher than some other metro areas in Arizona and is roughly 15% above the national average, but it’s lower than other U.S. metro areas such as San Diego, Portland, and Seattle.
Keep reading to learn more about home ownership in the Tucson housing market.
Overall Tucson Market Trends
When it comes to local housing market trends, the real estate pros at Redfin categorize the Tucson market as somewhat competitive, leaving options for both buyers and sellers.
Some homes in this city receive multiple offers but typically sell for around 2% below list price. Generally, Tucson homes sell in an average of 73 days.
$324,500
Median Sale Price
$213
Median Price Per Square Foot
73 days
Median Time on Market
Tucson Housing Market Forecast
Tucson home prices were down 0.67% in 2025 compared to last year. Despite the decrease, real estate experts predict that the Tucson housing market will see positive growth into next year. The main reason for this? Strong demand and limited housing options.
Many who live in expensive Western cities see Tucson as more affordable. Buying a home in Tucson is a more viable option for people who are looking for a balance of affordable housing and quality of life.
Demographics of the Tucson Market
Tucson has a quaint sound to it, but this Southwestern town is a sprawling metro area that offers more than meets the eye. The city attracts a mix of young professionals, retirees, and students, thanks to the presence of the University of Arizona and a relatively low cost of living. There are also a variety of vibrant, fun neighborhoods to live in.
Before making a big move, consider these fast facts about the Tucson real estate market that shed light on more than just home prices.
Median Household Income: $55,708
Median Age: 35.6
College Educated: 31.3%
Homeowners: 53%
Married: 38%
Popular Tucson Neighborhoods
Some homebuyers may have their heart set on romantic desert views; others may prefer being in the center of all the action. Either way, there is probably a neighborhood in Tucson that will suit even the pickiest homebuyer’s needs.
Armory Park
Armory Park is a Tucson neighborhood with a rich military history. Many of the area’s historic resources have been updated. For example, the original Carnegie Library is now home to the Tucson Children’s Museum.
Other community-focused amenities include the Armory Senior Center, which hosts activities and provides social services for seniors.
Recommended: Price-to-Rent Ratio in 50 CitiesQuick Facts
Population:
5,205
Median Age:
38.5
Housing Units:
3,619
Bike Score:
99/100
Walk Score:
76/100
Transit Score:
64/100
Median Household Income:
$75,478
Armory Park Housing Market
The real estate market in Armory Park is considered somewhat competitive, though home values did drop by 19% in February 2025 compared to a year ago in this area. On average, homes for sale spend around 50 days on the market.
Homes in the Armory Park neighborhood typically sell for 3% below list price, so there may be opportunities to negotiate.
Median Sale Price
$441,500
Median Price Per Square Ft.
$375
Pie Allen
Pie Allen is a historic and vibrant neighborhood in Tucson, Arizona, located just west of the University of Arizona. Known for its mix of student housing, historic homes, and local businesses, Pie Allen offers a unique blend of old and new. The neighborhood is named after John Brackett “Pie” Allen, a 19th-century entrepreneur famous for selling dried apple pies to soldiers and settlers.
The area features walkable streets, eclectic shops, and a lively atmosphere, making it popular among students, young professionals, and long-time residents.
Quick Facts
Population:
1,042
Median Age:
31.9
Housing Units:
653
Bike Score:
99/100
Walk Score:
85/100
Transit Score:
66/100
Median Household Income:
$39,871
Pie Allen Housing Market
Redfin shows homes in Pie Allen staying on the market for 84 days and selling at 3.2% below list price. This could indicate that prices have hit a ceiling in this area.
Median Sale Price
$480,000
Median Price Per Square Ft.
$414
Sam Hughes
The neighborhood of Sam Hughes can be found slightly east of the esteemed University of Arizona. Some residents consider this neighborhood to be perfectly planned because of its access to a public library, swimming pool, park, and tennis courts.
Popular Third Street is an easy spot for locals to bike to, thanks to a dedicated bike route. This attractive area is also known for featuring more than a dozen architectural styles.
Quick Facts
Population:
5,263
Median Age:
30
Housing Units:
2,305
Bike Score:
97/100
Walk Score:
76/100
Transit Score:
45/100
Median Household Income:
$60,544
Sam Hughes Housing Market
The Sam Hughes housing market is somewhat competitive, with some homes on the market receiving multiple offers and selling in about 48 days.
Housing prices here were down 2.2% in February 2025 compared with a year ago, and homes in this area typically sell for around 3% below list price.
Median Sale Price
$511,800
Median Price Per Square Ft.
$276
Rita Ranch
Rita Ranch is a suburban neighborhood in southeast Tucson, known for its family-friendly atmosphere, top-rated schools, and proximity to major employers like Raytheon Technologies. The area features well-maintained single-family homes, newer developments, and affordable housing options compared to other parts of the city.
Rumor has it that Rita Ranch was named after Rita Hayworth. In 1951, Hollywood legend Howard Hughes bought 20,000 acres of Tucson land to build Hughes Missile Systems. After setting up a ranch home on this land, the story goes that Hughes named the ranch after Hayworth.
Quick Facts
Population:
11,281
Median Age:
38
Housing Units:
3,915
Bike Score:
47/100
Walk Score:
20/100
Transit Score:
14/100
Median Household Income:
$111,925
Rita Ranch Housing Market
The Rita Ranch market can be competitive at times, with some homes receiving multiple offers and the average home remaining on the market for 87 days.
Typical homes generally sell for about list price; in-demand homes can sell for 1% less than list price.
Median Sale Price
$339,000
Median Price Per Square Ft.
$198
Iron Horse
Iron Horse is a historic and eclectic neighborhood in central Tucson, located just east of Downtown Tucson and near the University of Arizona. Known for its charming early 20th-century homes, adobe bungalows, and vibrant character, Iron Horse is a walkable, bike-friendly community with a rich history and artistic flair.
Today, it’s a popular spot for both locals and visitors as it houses the Historic Coronado Hotel and has plenty of great shops and markets to patronize.
Quick Facts
Population:
594
Median Age:
28
Housing Units:
243
Bike Score:
99/100
Walk Score:
87/100
Transit Score:
69/100
Median Household Income:
$47,901
Iron Horse Housing Market
Redfin reports that houses in Iron Horse typically sell at 3.6% below list price and spend an average of eight days on the market.
Inventory is on the low side in Iron Horse, so you may need to be patient if you hope to find your dream home in this neighborhood.
Median Sale Price
$347,000
Median Price Per Square Ft.
$519
SoFi Home Loans
It’s easy to see why Tucson has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
If you think Tucson could be your home sweet home, then you may need to consider different mortgage loans during your home buying process.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
How have home prices in Tucson changed recently?
Overall, Tucson’s housing market has seen steady price growth. However, as of early 2025, the median home price reached approximately $325,000, reflecting a 0.67% price decrease from the previous year. While prices remain lower than the national average, strong demand continues to drive gradual appreciation in home values.Is Tucson currently a buyer’s or seller’s market?
As of 2025, Tucson maintains a relatively balanced market, with homes selling at about 98% of their listing price. While inventory remains somewhat limited, moderate price increases and stable demand suggest that both buyers and sellers have opportunities in the market.What factors are influencing Tucson’s housing market trends?
Key influences on Tucson’s housing market include affordability, job growth, and migration patterns. With home prices significantly lower than the national average, Tucson remains attractive to first-time buyers and retirees. However, those interested in moving to Tucson should be aware that in recent years, Arizona — including Tucson — has seen extreme heat. In 2024, Tucson saw 112 days of temperatures over 100 degrees Fahrenheit.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
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