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The housing market in Tucson, AZ is somewhat competitive. The median sale price of a home in Tucson was $323K last month, an increase of 3.7% since last year. The median sale price per square foot in Tucson is $214, an increase of 0.9% since last year. In August 2024:
Median Sale Price
# of Homes Sold
Median Days on Market
Some properties receive multiple offers. On average, homes sell for about 1% below the listing price and take approximately 56 days to go under contract. Highly desirable homes may sell at or near the list price and typically go pending in around 33 days.
Nationwide, 0.47% of homebuyers looked to relocate to Tucson from other metropolitan areas. Seattle residents showed the most interest in moving to Tucson, followed by those from Los Angeles and Dallas.
Explore the most frequently asked questions about Tucson, AZ real estate to gain valuable insights and answers for prospective buyers and sellers.
As of 2024, the average home price in Tucson is approximately $330,000, though prices can vary by neighborhood.
Tucson is currently a seller’s market, with high demand and limited housing inventory driving up competition among buyers.
Property taxes in Tucson average around 0.84% of a home’s assessed value, which is slightly below the national average.
Popular neighborhoods in Tucson include Catalina Foothills, Sam Hughes, and Oro Valley, known for their amenities and proximity to nature.
Homes in Tucson usually stay on the market for about 30 to 45 days, depending on factors like location, price, and condition.
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