Tucson Housing Market Report December 2024•Pima County, Arizona

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Housing Prices in Tucson, AZ

How much do homes in Tucson, AZ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$388,398$232/SqFt
-$1,328
-0.3%

Based on all homes listed in December 2024

Insight

The list price of homes in Tucson has remained the same since November.

Summary: The median home list price in Tucson was $388,398 in December 2024, down 0.3% from the previous month, and the median price per square foot was $232.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
South Tucson
0.0%
Tucson
-0.3%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1$185K$169.2K
-8.5%
2$308.9K$305.9K
-0.9%
3$370.2K$369.9K
-0.1%
4$445K$441.7K
-0.7%
5$734.9K$700K
-4.7%

Summary: Tucson housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes decreased by -8.5%. The home price for 2 bedroom homes decreased by -0.9%. The home price for 3 bedroom homes decreased by -0.1%. The home price for 4 bedroom homes decreased by -0.7%. The home price for 5 bedroom homes decreased by -4.7%.

Housing supply in Tucson, AZ

How many homes are available in Tucson, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2,749Last MonthDec 2024
2,1462 months agoNov 2024
+28.1 %
Change MoMNov – Dec

Summary: The Tucson real estate market had 2,749 homes for sale in Dec 2024, a 28.1 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
16074
+23.3%
2387516
+33.3%
39591,233
+28.6%
4571724
+26.8%
5169202
+19.5%

Summary: Tucson housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +23.3%. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +28.6%. The inventory for 4 bedroom homes increased by +26.8%. The inventory for 5 bedroom homes increased by +19.5%.

Asking Price vs. Sold Price

How much do homes in Tucson, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Tucson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tucson in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Tucson, AZ

How long does it take to sell a home in Tucson, AZ?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in Tucson are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in Tucson; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
85 DaysLast MonthDec 2024
73 Days1 month agoNov 2024
+16.5 %
Change MoMNov – Dec

Summary: Homes in Tucson had an average listing age of 85 days in Dec 2024, up by 16.5% compared to the previous month.

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Newest Listings in Tucson, AZ

What homes are available in Tucson, AZ?

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Nearby markets

Popular Cities with Homes for Sale in Arizona

MLS Disclaimers and Copyright

Based on information from MLS of Southern Arizona, Arizona Regional MLS, Yuma Association of REALTORS MLS, and Prescott Area MLS for the period 11/01/2024 - 01/01/2025

IDXThe data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
This data is provided by the Yuma Association of REALTORS®, Inc. Multiple Listing Service. Real Estate listings held by brokerage firms other than Long Realty Yuma are marked with the Broker Reciprocity ℠ logo or the Broker Reciprocity thumbnail logo. This information is deemed reliable, but not guaranteed. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:16:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Prescott Area Association Of Realtors, Inc. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Prescott Area Association Of Realtors, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:16:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.