The housing market in 85712 Tucson, AZ is doing better than the national average. The median value for housing in the area is $286,500, compared to a national median of $338,100. Home appreciation has been especially strong in 85712 Tucson, AZ, with an increase of 13.29% over the past year compared to the US 1 year appreciation rate of 8.27%. This is great news for those looking to buy or invest in the area as it represents a solid return on investment.
The median home cost in Tucson (zip 85712) is $286,500. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Tucson (zip 85712) is up 21.2%.
Average Age of Homes
- The median age of Tucson (zip 85712) real estate is 44 years old
The Rental Market in Tucson (zip 85712)
- Renters make up 55.6% of the Tucson (zip 85712) population
- 2.7% of houses and apartments in Tucson (zip 85712), 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.