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Tucson, AZ housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$335,747−1.8% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$72,783About 1.0× the local median income ($71,993): a stretch for a typical household
Days on market57 daysAbout the same pace as a year ago
Next 12 months−1.1%Zillow expects prices to dip slightly

The typical home in Tucson, AZ is worth $335,747, down 1.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $332,509, so the area is 1.0% overvalued. It is a buyer's market: homes take about 57 days to sell, listings are up 6% from a year ago, 24% of listings have had a price cut. Zillow expects prices to fall about 1.1% over the next year. A household needs about $72,783 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,993. Typical rent is $1,488 a month, or $1,887 for a house. In the latest IRS figures, 2,445 more people moved in than out.

Home value over time

$0K$100K$200K$300K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$335,747
Change in 1 year−1.8%
Overvalued %+1.0%
Show 7 more
Fair home value$332,509
Change in 5 years+9.6%
Zillow forecast, next 12 months−1.1%
Home value to income4.7×
Monthly mortgage payment (20% down)$1,820
Income needed to afford it$72,783
Property tax rate0.71%

Rent and investing

Typical rent$1,488
Typical rent for houses$1,887
Price-to-rent ratio18.8×
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HUD Fair Market Rent, 2 bedrooms$1,405
Gross rental yield5.32%
Cap rate (estimate)3.46%

Market activity

Listings vs a year ago+6.3%
Days on market57
Listings with a price cut24.1%
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Homes for sale4,237
Pending sales per 100 listings26
Asking price per sq ft$223

People and jobs

Median household income$71,993
Population change (1 year)+0.1%
Unemployment rate5.5%
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Population1,074,685
Income adjusted for cost of living$74,296
Net moves in (IRS)+2,445
Cost of living (US = 100)96.9

Schools, risk and environment

School rating (1 to 10)6.2
FEMA hazard risk score (0 to 100)99.1
Unhealthy air days a year8
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Flood risk score99.5
Wildfire risk score99.7
Walkability (1 to 20)9.9
Road, rail and air noise54 dB

Questions people ask

Is Tucson, AZ overvalued?
Home prices in Tucson, AZ are slightly above what local incomes have historically supported: fair value is about $332,509, so the area is 1.0% overvalued.
Is Tucson, AZ a buyer's or seller's market?
Tucson, AZ is a buyer's market: homes take about 57 days to sell, listings are up 6% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Tucson, AZ?
Home values in Tucson, AZ are down 1.8% over the last year. Zillow's forecast for the next 12 months is −1.1%.
How much do you need to earn to buy a home in Tucson, AZ?
A household needs about $72,783 a year to afford the typical home in Tucson, AZ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,993.

Counties in this metro

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