Tucson, AZ 85716 Real Estate Market Report

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

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

Key Findings

1. Median sold price $337,000 remains the primary market-value signal for recent transactions and suggests a slight downward pressure compared with listing expectations given the gap to the median listing price $369,999; this pricing gap may indicate seller expectations exceed recent sales.
2. Median days on market 414 points to materially slower sales velocity in the sample and suggests extended negotiation windows and greater buyer leverage when combined with the observed inventory context; down market momentum increases the likelihood of price concessions.
3. Median price per square foot $235 provides a stable unit-price benchmark for underwriting and comp selection, but the neutral market temperature suggests limited upward movement in per-square-foot appreciation near-term; neutral market temperature supports cautious pricing assumptions.
4. Median market rent $1,095 and a down rent year-over-year trend indicate rental income growth has stabilized or softened; elevated interest rate pressure further constrains buyer affordability and may suppress investor demand in the near term.

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.