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Tucson, AZ Real Estate

Tucson anchors one of Arizona's largest metro areas with a population of about 543,348. The median home value is near $242,200, and median rent runs around $1,079/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$242,200
Median Rent
$1,079/mo
Population
543,348
Median Income
$54,546
Median Age
34.6
Homeownership
51.7%

Monthly payment on a median Tucson home

Example for a $242,200 home: 20% down, 30-yr at ~6.75%, AZ property tax ~0.63%, 0.4% insurance.

Est. monthly (PITI)
$1,465
Principal & interest
$1,257
Property tax / mo
$127
Down payment (20%)
$48,440

Tucson at a glance

  • 17.7% of residents 25+ hold a bachelor's degree or higher.
  • 51.7% of occupied homes are owner-occupied.
  • Median household income is $54,546.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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