Housing Prices in Tucson, AZ

How much do homes in Tucson, AZ cost?

Median List Price

$399,588

$237/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$18,808(-4.5%)

Key Takeaway

The list price of homes in Tucson has decreased by 4.5% since February.

Summary: The median home list price in Tucson was $399,588 in March 2024, down 4.5% from the previous month, and the median price per square foot was $237.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $160K$160K
0.0%
2 $349K$329.5K
-5.6%
3 $386.3K$379.5K
-1.8%
4 $520K$495K
-4.8%
5+ $770K$799.4K
+3.8%

Summary: Tucson housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 3.8%.

Median List Price Compared To Nearby Cities

South Tucson
0.0%
Tucson
-4.5%

Housing Supply in Tucson, AZ

How many homes are available in Tucson, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,4062,357+67.6%

Summary: The Tucson real estate market had 2,357 homes for sale in March 2024, a 67.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 3965
+66.7%
2 261451
+72.8%
3 5801,029
+77.4%
4 415656
+58.1%
5+ 111156
+40.5%

Summary: The Tucson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 72.8%, 3 bedroom homes increased by 77.4%, 4 bedroom homes increased by 58.1%, and 5+ bedroom homes increased by 40.5%.

Days on Market for Tucson, AZ

How long does it take to sell a home in Tucson, AZ?

Average Listing Age

Feb 2024Mar 2024CHANGE
64 Days63 Days-1.5%

Summary: Homes in Tucson had an average listing age of 63 days in Mar 2024, down by 1.5% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Tucson, AZ

Nearby Markets to Tucson, AZ

What housing markets are near Tucson, AZ?