Tucson, AZ 85743 Real Estate Market Report

ZIP Code: 85743
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, specifically in the 85743 area, is characterized by a median sold price of $379,450, reflecting a stable yet slightly declining trend. The neighborhood has decreased 8% since 2022, indicating a shift in buyer sentiment and market dynamics. With a median listing price of $415,000, there is a notable pricing gap between what sellers are asking and what buyers are willing to pay, suggesting potential pricing friction in negotiations.

The market is currently experiencing elevated inventory levels, with 203 median days on market, indicating slower sales velocity and a balanced environment where neither buyers nor sellers hold significant leverage. The median market rent stands at $2,360, which has also seen a downward trend, reflecting a cooling rental market and potentially weak short-term rental demand. Overall, the Tucson market appears to be stabilizing, with forecasts hinting at modest appreciation later in the year, but current conditions suggest a cautious approach for both buyers and sellers.

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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 5.88% are slightly higher than the recent 2026 average of 5.76%, indicating property owners locked in a marginally favorable rate.

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 $379,450 indicates a decreasing trend in home values, down 8% since 2022.

2. With a median listing price of $415,000, there is significant pricing friction as sellers' expectations exceed market realities.

3. The median days on market of 203 suggests a slower sales velocity and elevated inventory relative to sales activity.

4. The median market rent of $2,360 reflects a downward trend, indicating cooling rental demand.

5. The current market temperature is neutral, suggesting a balanced environment for both buyers and sellers.

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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.