Housing Prices in Tucson, AZ
How much do homes in Tucson, AZ cost?
Median List Price
$399,015
$233/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Tucson has decreased by 0.7% since April.
Summary: The median home list price in Tucson was $399,015 in May 2024, down 0.7% from the previous month, and the median price per square foot was $233.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | $197.4K | -1.2% |
| 2 Bedrooms | $323.7K | $302.7K | -6.5% |
| 3 Bedrooms | $375K | $375K | 0.0% |
| 4 Bedrooms | $499K | $478.3K | -4.1% |
| 5+ Bedrooms | $862.5K | $807.5K | -6.4% |
Summary: Tucson housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 6.4%.
Median List Price Compared To Nearby Cities
| South Tucson | $235K | $245K | +4.3% |
| Tucson | $401.6K | $399K | -0.7% |
| Marana | $488.7K | $474.9K | -2.8% |
Housing Supply in Tucson, AZ
How many homes are available in Tucson, AZ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,515 | 2,570 | +69.6% |
Summary: The Tucson real estate market had 2,570 homes for sale in May 2024, a 69.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 45 | 66 | +46.7% |
| 2 Bedrooms | 264 | 461 | +74.6% |
| 3 Bedrooms | 633 | 1,111 | +75.5% |
| 4 Bedrooms | 455 | 738 | +62.2% |
| 5+ Bedrooms | 118 | 194 | +64.4% |
Summary: The Tucson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.7%, 2 bedroom homes increased by 74.6%, 3 bedroom homes increased by 75.5%, 4 bedroom homes increased by 62.2%, and 5+ bedroom homes increased by 64.4%.
Days on Market for Tucson, AZ
How long does it take to sell a home in Tucson, AZ?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 61 Days | 60 Days | -1.5% |
Summary: Homes in Tucson had an average listing age of 60 days in May 2024, down by 1.5% compared to the previous month.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.