Tucson, AZ 85711 Real Estate Market Report

ZIP Code: 85711
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the Tucson housing market in the 85711 ZIP code is characterized by a median sold price of $299,500, reflecting a notable adjustment in market values. The neighborhood has decreased 8% since 2022, indicating a shift in buyer sentiment and pricing dynamics. This decline in sold prices, coupled with a median listing price of $319,500, suggests a gap between seller expectations and current market realities, which may lead to pricing friction as sellers adjust their strategies to attract buyers.

The market is currently experiencing elevated inventory levels, with 173 median days on market, indicating a slower sales velocity. This extended timeframe for properties to sell may suggest that buyers are exercising caution in their purchasing decisions, influenced by moderate interest rate pressure, which is reflected in current mortgage rates averaging between 5.875% and 6.034%. Overall, the market appears to be in a neutral state, balancing between supply and demand, yet with signs of price moderation that may impact future transactions.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Tucson, AZ 85711 market average around 5.875% to 6.034%, which is slightly lower than the 6.375% rate seen in early February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price has decreased 8% since 2022, indicating a shift in market dynamics.

2. With a median days on market of 173, properties are experiencing slower sales velocity, suggesting buyer caution.

3. The median listing price of $319,500 reflects a gap with the sold price, indicating potential pricing friction for sellers.

4. Current mortgage rates are moderately pressuring the market, averaging between 5.875% and 6.034%.

5. The rental market shows a down trend with a median market rent of $1,670, suggesting slight decreases in rental prices.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.