The housing market in 85711 Tucson, AZ is thriving compared to the national average. According to the provided data, the median value of a house in 85711 Tucson is $279,700, which is significantly lower than the US median value of $338,100. The 1 year house appreciation rate in 85711 Tucson is also higher than the national average by 5.02%, at 13.29%. This indicates that despite being lower than the national median housing value, homeowners in this area are seeing a greater return on their investments over time. It's clear that 85711 Tucson is a great place to invest in real estate!
The median home cost in Tucson (zip 85711) is $279,700. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Tucson (zip 85711) is up 21.2%.
Average Age of Homes
- The median age of Tucson (zip 85711) real estate is 55 years old
The Rental Market in Tucson (zip 85711)
- Renters make up 47.9% of the Tucson (zip 85711) population
- 4.0% of houses and apartments in Tucson (zip 85711), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.