Tucson, AZ 85711 Real Estate Market Report

ZIP Code: 85711
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

---

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.

---

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.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

---

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 Tucson, AZ are 6.35% compared to the 6.00% average observed in early 2026.

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

---

Key Findings

1. Median sold price: $260,000 — The median sold price is the primary indicator of market value and recent transaction activity; relative to the median listing price of $248,700 this gap appears notable and may indicate pricing friction between seller expectations and completed sales, suggesting buyers are still setting the transaction baseline in this ZIP code.

2. Median days on market: 372 — The long median days on market points to slower sales velocity and reduced transaction pace, which may lengthen listing timelines for typical SFR and condominium offerings.

3. Market temperature: neutral — With a neutral market temperature overall and elevated inventory relative to sales activity in the analyzed sample, the market appears balanced but with choice for buyers; neutral conditions imply neither strong seller nor buyer dominance at present.

4. Price year-over-year trend: down and interest rate pressure: moderate — Prices are trending down year-over-year and interest rate pressure is moderate; current 30-year fixed mortgage rates are reported at 6.35% compared to a 6.00% average observed in early 2026, which may constrain near-term buyer affordability and contribute to downward price pressure and softer rent trends (median market rent: $969).

---

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.

Tucson, AZ 85711 Real Estate Market Report

ZIP Code: 85711
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

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 Tucson, AZ are 6.35% compared to the 6.00% average observed in early 2026.

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

---

Key Findings

1. median sold price: $132,950 is the primary indicator of market value for ZIP 85711 and, with the price year-over-year trend down, recent transactions suggest softening pricing pressure relative to sellers' expectations (the gap between the median listing price and the median sold price appears meaningful and may indicate pricing friction).

2. median days on market: 1,537 points to materially slower sales velocity in the sampled transactions and suggests extended time-to-contract for properties that do sell; this should be treated as slower liquidity rather than definitive evidence of distressed market conditions. declining velocity

3. market temperature: neutral combined with the sampled active/sold relationship indicates relatively constrained active supply in the analyzed sample alongside moderate transaction volume, which appears to create a balanced-to-warm environment where well-priced, move-in-ready homes still attract interest. balanced

4. median market rent: $750 is paired with a rent year-over-year trend down, while interest rate pressure is reported as moderate (current 30-year fixed mortgage rates in Tucson are 6.35% vs a 6.00% early-2026 average), implying financing and rental income tailwinds are not currently driving strong upside for investment buyers.

---

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.