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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