Tucson Real Estate Market Stats
Tucson real estate market statistics: average sale prices, days on market, inventory, months of supply and sale-to-list ratios, sourced from MLSSAZ.
Current Tucson market figures
- Average sale price
- ~$439,300 — Mean close price across all residential property types — 1,007 closings in August 2026, up 4.7% from August 2025. A handful of high-end sales carries the mean well above the middle of the market: 39 closings above $1M averaged $1.50M, while the all-types median was $364,000 and the single-family median $377,338.
- Months of supply
- ~4.3 months — 4,318 active listings against 1,007 August closings. That sits inside the 4-to-6-month balanced band, up from the 3.5 months the July snapshot reported — inventory kept building while closings slowed, so this is no longer a seller's market on the supply measure. Supply is tightest from $300K–$500K (3.9 months) and loosest above $1M (7.2 months).
- Sale-to-list ratio
- ~98% — Homes closed about 2% under asking in August, unchanged from a year ago. 162 of the 1,007 sales closed above asking, while 45% of all 1,007 August sales had taken a price cut before closing — well-priced homes still draw competing offers; overpriced ones sit and then discount.
- Median days on market
- ~38 days — List-to-contract across all property types, down from 44 days in August 2025. Single-family runs 37 days. Add roughly 30–45 days of escrow for a financed buyer.
- Median price per square foot
- ~$217 — Across all residential property types in August 2026, on a median 1,771 square feet of living area. Single-family runs $219. Useful for comparing homes of different sizes, but it moves with age, condition and lot as much as with location.
- Effective property tax rate
- ~0.6%–0.9% — Below the U.S. average. Most owner-occupied homes in Pima County land here as a share of the assessor's full cash value, once the state Homeowner Rebate is applied; the total rate varies by tax area. This is a statutory and assessor figure rather than an MLS statistic, so it is the one row here that does not come from the market data connection.
Closed-sale and active-inventory statistics aggregated by LiveBy from MLSSAZ listing data, over the county boundary containing the Tucson area (LiveBy boundary 5afc4af02f86c27281e528b1, area-level-2). Sale figures cover the single calendar month given as the as-of date; months of supply is active listings divided by that month's closings.
Frequently asked questions
What is the average home price in Tucson, Arizona?
The average sale price across the Tucson area is approximately $439,300 (LiveBy / MLSSAZ, August 2026), up 4.7% year-over-year across 1,007 closings. That is a mean, and it runs well above the middle of the market: the all-types median was $364,000 and the single-family median $377,338. Geography moves it more than anything else — inside Tucson city limits the median was $315,000, while Catalina Foothills ran $815,000 in the same month. Always confirm against the current as-of date on the source page.
Is it a buyer's or seller's market in Tucson right now?
As of August 2026, Tucson has roughly 4.3 months of housing supply — inside the 4-to-6-month balanced benchmark, having crossed up out of seller's-market territory from the 3.5 months the July snapshot reported. There were 4,318 active listings against 1,007 closings in August. The sale-to-list ratio is around 98%, meaning homes close about 2% under asking, and the median home goes under contract in 38 days. Buyers have more room to negotiate than in 2021–2022 — 45% of August's sales had taken a price cut before closing — but this is not yet a buyer's market: prices are up year-over-year, not falling, and homes are going under contract faster than they were a year ago.
How long do homes take to sell in Tucson?
The median days on market in Tucson is 38 days across all property types and 37 days for single-family homes (LiveBy / MLSSAZ, August 2026) — down from 44 days a year ago. This is list-to-contract; total list-to-close typically adds 30–45 days for escrow. Well-priced homes often sell faster and can still receive multiple offers: 162 of August's 1,007 sales closed above asking.
How do Tucson home prices compare to Phoenix?
Tucson's single-family median sale price (~$377,300 in August 2026) sits about 24% below the Phoenix area's (~$499,500 over the same month, measured the same way over Maricopa County), making Tucson one of the more affordable major housing markets in Arizona despite sharing state-level cost drivers. Homes there also sat longer before going under contract — a 57-day median against Tucson's 37.
What is the property tax rate in Tucson and Pima County?
Arizona's effective property tax rate is below the U.S. average — most owner-occupied homes in Pima County, which includes Tucson, Oro Valley, Marana and Sahuarita, land near 0.6%–0.9% of the assessor's full cash value once the state Homeowner Rebate is applied, though the total rate varies by tax area. Unlike the sale figures on this page, that rate is a statutory and assessor number rather than an MLS statistic, so it is not a LiveBy pull. The mechanics behind it are public: the Arizona Department of Revenue publishes the Class 3 assessment ratio and the Limited Property Value procedure, the Proposition 117 growth cap is Ariz. Const. art. IX, § 18, the Homeowner Rebate is A.R.S. § 15-972, and the Pima County Treasurer publishes the per-tax-area rates the bill is actually levied at. Your own valuation notice and tax statement carry the two numbers that decide your bill.