Tucson, AZ 85712 Real Estate Market Report

ZIP Code: 85712
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the Tucson housing market, particularly in the 85712 ZIP code, is characterized by a median sold price of $282,750, reflecting the actual transaction values in the area. This price point indicates a stable market environment, with modest price appreciation observed year-over-year. The neighborhood has increased 0% since 2023, suggesting a steady market without significant fluctuations in sold prices.

Transaction activity appears moderate, as the market experiences elevated inventory levels relative to sales. The median days on market stands at 334, indicating slower sales velocity and a potential pricing friction between seller expectations and buyer readiness. Despite these conditions, the rental market remains robust, driven by population growth and challenges in homeownership affordability, which may sustain demand for rental properties in the area.

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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 Tucson, AZ are averaging 6.43% compared to approximately 6.18% in early 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 listing price is $310,000, indicating a potential pricing gap compared to the median sold price of $282,750, which may suggest pricing friction in the market.

2. With a median days on market of 334, the market is experiencing slower sales velocity, indicating that properties may take longer to sell than in previous periods.

3. The median market rent is $1,670, reflecting a strong rental demand that could be attributed to ongoing population growth and affordability challenges in homeownership.

4. The market temperature is currently neutral, suggesting a balanced environment where neither buyers nor sellers hold a distinct advantage.

5. Current interest rate pressure is considered moderate, which may influence buyer sentiment and overall market activity.

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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.