Tucson, AZ 85749 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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

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

Key Findings

1. The primary market value indicator is the $593,000 median sold price, which represents recent transaction activity and suggests that realized sale values are materially below asking expectations in this sample; flat price trend and a neutral market temperature imply stabilization rather than accelerating appreciation.
2. There is a visible gap between the $699,000 median listing price and the $593,000 median sold price, which may indicate pricing friction or seller expectations above recent transaction levels; this dynamic appears in a market described as neutral rather than strongly tilted to buyers or sellers.
3. Sales velocity appears slow given the 333 median days on market, which should be interpreted as slower sales velocity and greater time to transact for typical listings in the sample; sellers and investors should plan for extended marketing timelines and be prepared to address price sensitivity.
4. Rents are weakening relative to a year ago—median market rent is $1,295 and the rent year-over-year trend is down—while interest rate pressure remains moderate and current mortgage rate comparisons are around 6.63%–6.76%; this combination suggests rental income upside is limited and financing costs remain a material consideration for buyers.

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.