Is Tucson, AZ 85740 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Tucson is a buyer’s market. With about 8.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.2Under 4 months = seller’s market
Sold above original list11.1%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$182▲ +16.6% vs. last year

The Tucson housing market right now

In the three months ending August 31, 2026, 11% of homes in Tucson, AZ 85740 sold above their list price, the typical home went under contract in 58 days and there were 8.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (86 days then) and the median sale price rose 108% to $247,493. Overall, Tucson is more competitive than a year ago, so tougher for buyers.

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Questions about Tucson real estate

Is Tucson a buyer’s or seller’s market?

A buyer’s market: there were 8.2 months of supply in Tucson, AZ 85740 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Tucson?

The typical home went under contract in 58 days in the latest three months.

Do homes in Tucson sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What is the median home price in Tucson?

The median sale price was $247,493 in the three months ending August 31, 2026, about $182 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology