Tucson Housing Market Report
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Updated monthly with MLS of Southern Arizona figures. Current edition: September 2026 data, published October 2026.
| Metric | Latest | Read on it |
|---|---|---|
| Median sale price | ~$370,000 | Up ~3% year over year — prices are holding, not spiking |
| Homes sold (Sept 2026) | 1,002 | Down ~12.6% vs last year — volume is rate-sensitive |
| Active listings | ~4,900 | About 5 months of supply — a balanced market |
| Cash sales share | ~36% | Investor and equity-rich buyer presence is significant |
| Typical days on market | ~34–57 | Priced-right homes move; overpriced homes sit and cut |
What it means for buyers
For the first time in years, Tucson buyers have room to compare and negotiate — especially above $500K, where supply is deeper. The leverage disappears on well-priced homes in the Foothills, Oro Valley, and Vail school district, which still move quickly. Relocation buyers arriving with equity from higher-cost markets remain the market's backbone.
What it means for sellers
Pricing is the whole game in a balanced market: roughly 47% of recent sales cut their price before closing, and the median cut in the $500K–$1M band was about $26,000. Homes priced at the market from day one sold in about five weeks near asking; homes that guessed high funded their buyers' patience.
What is your home worth?
Online estimates miss the things that move Tucson prices — mountain views, lot position, casitas, pool condition. Request a free, agent-prepared valuation for your address.
Sources: MLS of Southern Arizona monthly reporting and Realtor.com market data, September–October 2026. Figures are metro-level medians; your neighborhood will differ — see the neighborhood guide.