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Market Snapshot

Median listing price
$410K

The median listing price in Tucson, AZ ZIP 85748 is $409,500 as of June 2026.

Median rent
$1,580/mo

The median market rent in Tucson, AZ ZIP 85748 is $1,580/month as of June 2026.

Days on market
377 days

The median days on market in Tucson, AZ ZIP 85748 is 377 days as of June 2026. The market is currently neutral.

Gross rental yield
4.63%

At a median list price of $409,500 and a median rent of $1,580/month, the gross rental yield in Tucson, AZ ZIP 85748 is 4.63% as of June 2026.

STR vs LTR
$2,184/mo STR · $1,580/mo LTR

In Tucson, AZ ZIP 85748, median Airbnb revenue is $2,184/month compared to median long-term rent of $1,580/month as of June 2026.

Tucson, AZ 85748 Real Estate Market Report

ZIP Code: 85748

Report Date: June 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.

Analysis Window
90 Days
Total Properties Analyzed
109
Active Listings
48
Sold Properties
61

Market Metrics

Median Listing Price
$409,500
Median Sold Price
$400,000
Median Price per Sqft
$206/sqft

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

Median Market Rent
$1,580

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

Property Tax Rate
0.71%

Liquidity & Velocity

Median Days on Market
377
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Tucson AZ are averaging approximately 6.5% to 6.8%, reflecting a market environment where rates remain elevated compared to historical lows but have stabilized within the mid-6% range throughout 2026.

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


Key Findings

  1. The primary indicator of recent market value is the median sold price of $400,000, which represents the most reliable signal of transaction-level pricing in the ZIP code and should guide valuation and offer decisions.
  2. Recent pricing shows a small gap between median listing price ($409,500) and the median sold price ($400,000), which may indicate pricing friction where seller expectations exceed recent transaction outcomes; consider pricing slightly below comparable listing anchors to improve competitive positioning.
  3. Market velocity is slow: the median days on market is 377, a signal of prolonged listing durations that suggests downward pressure on negotiable terms and that sellers may need to accommodate more contingencies or concessions to close deals.
  4. Macro and demand context is mixed: the market temperature is neutral, price year-over-year trend is down, rent year-over-year trend is down, and interest rate pressure is elevated (with prevailing 30-year fixed rates around 6.5% to 6.8%), all of which suggests caution on aggressive pricing and supports a strategy focused on realistic comps and flexible terms.

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.

Recent Transactions

10475 E Speedway Blvd, Tucson, AZ 85748
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds6 baths723 sqft
$1,425,000
Apr 1, 2026
$1,971/sqft/sqft
178 days on market
11715 E Twin Hills Trl, Tucson, AZ 85748
Premium

Sold above market average

- beds3 baths2,714 sqft
$950,000
Mar 1, 2026
$350/sqft/sqft
761 N Lazy J Way, Tucson, AZ 85748
Premium

Sold above market average

5 beds4 baths3,473 sqft
$790,000
Mar 1, 2026
$227/sqft/sqft
241 days on market
1420 S Corsica Pl, Tucson, AZ 85748
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds2 baths1,598 sqft
$399,900
May 1, 2026
$250/sqft/sqft
771 N Hearthside Ln, Tucson, AZ 85748
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,167 sqft
$395,000
May 1, 2026
$182/sqft/sqft
587 days on market
1252 S Desert Vista Dr, Tucson, AZ 85748
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,040 sqft
$395,000
Mar 1, 2026
$194/sqft/sqft
115 days on market
9551 E 5th St, Tucson, AZ 85748
Value

Sold below market average

- beds2 baths1,708 sqft
$202,384
May 1, 2026
$118/sqft/sqft
17 N Shadow Creek Pl, Tucson, AZ 85748
Value

Sold below market average

- beds2 baths1,630 sqft
$151,000
Mar 1, 2026
$93/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$804/mo
85748 Avg Rent
85748 Cost to Own
Rent$1,580
Own$2,384

20% down, 6.53% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

85748 Avg nightly rate
85748 Avg occupancy (days/year)
Nightly rate$180/night
Occupancy111 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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