Recently Sold Homes in Tucson, AZ

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Tucson, AZ Real Estate Insights

With 350 days of sunshine annually, Tucson is one of America's sunniest cities. So it's no surprise 580,172 people choose to call Tucson home. Tucson is located in the Sonoran Desert that stretches between the northern part of Mexico and Southern Arizona, which explains the predominately sunny and hot climate with only around 12 inches of rain per year. Five mountain ranges border the city, including the Tucson, Santa Catalina, Rincon, Santa Rita and Tortolita mountains. For hiking, biking and outdoor exercise fans, Tucson is surrounded by Catalina State Park, Saguaro National Park East and West, Coronado National Forest and Tohono O'odham Nation.
The Arizona lifestyle is certainly enticing, with natural landscapes and warm year-round temperatures, but determining affordability is pertinent before planning a move or home purchase. The median age of homebuyers in Tucson is 38, which is also the median age of all residents within the city. The average list price on homes for sale increased 4.63 percent between 2014 and 2015, from $231,186 to $241,890. While this is a minor hike, the increase indicates strong home value growth for homeowners in Tucson. However, it's still a prime time for buyers to enter the market since prices are considered affordable. Compared to the top cities across the U.S. with a population of under 2 million, last year's average list price is $94,827 less.