To address what is the current state of the housing market in Tucson, Arizona. Buyers are getting a little more power in the market. The value of homes has mostly stayed the same, with small changes up or down each year. Let’s look at the patterns, the figures, and what they represent for you, whether you’re buying or selling.
Why you should stay up to date on what’s going on in Tucson, Arizona’s real estate market right now
If you know what’s going on in Tucson, Arizona’s real estate market, you might be able to make smart choices regarding when to buy, how much to pay, and how to negotiate. As the market changes from being dominated by hot sellers to being more balanced, knowing how prices, supply, and demand change might help you get ahead.
Right now, the Tucson, Arizona housing market has some important numbers.
Changes in the average price and value
- The average home in Tucson is worth roughly $324,535, which is about 3.5% less than it was last year.
- The most recent numbers reveal that the median sale price is around $323,000, which is around 0.9% greater than it was last year.
- Another source says that prices would go down by 0.67% from 2024 to 2025.
- This mixed pricing data shows that some neighborhoods are staying the same while others are getting cooler.
Days on the Market and Inventory
- There were a lot more listings that were active. One source says that in June 2025, there were about 3,497 residences for sale in Tucson. That’s around 39.6% more than it was in May.
- Now, it takes longer for homes to sell. They stay on the market for about 67 days, which is longer than the 56 days they stayed on the market last year.
- The ratio of sale price to list price has gone down, which means that homes are more often selling for less than what they were listed for.
How is the market for people who want to purchase and sell?
- In a lot of Tucson, the market is moving into a neutral to buyer-leaning position. There are fewer bidding battles and more time to discuss things out.
- Prices have gone up a lot more slowly in the previous few years, even though there is still a lot of competition.
What This Means for People Who Want to Buy or Sell in Tucson
For people who want to buy
- There are more properties for sale, and listings stay up longer than they did when the market was at its peak. This gives buyers greater ability to negotiate.
- When prices go down or stay the same, it’s a good time to buy because there won’t be any crazy bidding wars or prices that go up suddenly.
- Mortgage rates are still a problem (in Arizona, they just hit about 6.3% for a 30-year fixed), which might make things harder to pay.
For People Who Want to Sell
- Sellers shouldn’t expect to get a lot of offers right away and see prices go up quickly like they used to.
- It will be more and more important to set a fair price for your home and concentrate on its condition and appearance.
- You can still sell well in nice communities if you price your homes appropriately, but you shouldn’t expect to make a lot of money.
What is going on in the housing market in Tucson, Arizona right now?
- There is less scarcity because there are more homes for sale and more choices for how many bedrooms they have.
- Cooling demand: Some buyers aren’t in a hurry, therefore prices are going up more slowly.
- Tucson is still cheaper than many other places, but how much you make and how much you can borrow are also important.
- Changing buyer preferences: Some buyers are checking into other markets while they work from home, which impacts how things work in Tucson.
What to Expect From Now On
- Home prices in Tucson are likely to stay the same, with small increases instead of big spikes.
- The number of things may keep to up, which would provide buyers more options and make it easier for them to find what they want.
- Some neighborhoods will do better than others. The location, condition of the home, and amenities will all help them stand out.
- Homes that are in good neighborhoods and need work will yield the best results for sellers.
- Buyers will be better off if they have their money in order and are picky about the quality and location.
Last Thoughts
As of 2025, the housing market in Tucson, Arizona has gone from being a very hot seller’s market to a more balanced, moderate one. There are more homes for sale, but prices are mostly staying the same or going down a little. People who want to buy things are obtaining some authority. You may buy or sell in Tucson right now, but you need to have realistic expectations and know a lot about the location.
Contact Us
- Call: +17788520679
- Email: support@myhavens.us
- Go to: 1603 Capitol Ave, Cheyenne, WY 82001
0 Comments