Tucson, AZ 85712 Real Estate Market Report

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

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Executive Overview

The median sold price in Tucson, AZ (ZIP: 85712) stands at $315,000, reflecting a year-over-year trend that is up. This increase suggests a resilient market despite a broader cooling trend observed in the Tucson area, where overall price declines and slower sales velocity are becoming more common. The current market conditions indicate a neutral temperature, with homes generally selling below their list prices, which may indicate some pricing friction as sellers adjust expectations to align with buyer sentiment.

Transaction activity appears moderate, with homes taking an average of 254 days on market, indicating a slower sales velocity. Elevated inventory levels relative to sales activity suggest that while there is localized strength in pricing, the overall liquidity may be constrained. This dynamic could lead to further adjustments in pricing strategies as sellers navigate the current market landscape.

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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, around 6.09% are notably lower than the 6.87% average seen a year prior for property owners in this market.

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 of $315,000 indicates localized strength in pricing despite broader market cooling.

2. Homes are taking an average of 254 days on market, reflecting a slower sales velocity in the area.

3. The median listing price is $321,500, which may suggest pricing friction as homes are selling below this amount.

4. Rental markets are experiencing a down trend, with the median market rent at $1,670, indicating softening demand.

5. Current interest rate pressure is elevated, with mortgage rates around 6.09%, which may impact buyer affordability.

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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.