The housing market in 85715 Tucson, AZ is quite strong relative to the national average. The median value of homes in the area is $370,700 which is significantly higher than the national median home value of $338,100. Additionally, the appreciation rate for homes in 85715 Tucson, AZ over the past year was 13.29%, significantly higher than the national average of 8.27%. This indicates that there is a lot of opportunity for investment in the area and buyers should expect to see a high return on their investments.
The median home cost in Tucson (zip 85715) is $370,700. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Tucson (zip 85715) is up 21.2%.
Average Age of Homes
- The median age of Tucson (zip 85715) real estate is 37 years old
The Rental Market in Tucson (zip 85715)
- Renters make up 30.4% of the Tucson (zip 85715) population
- 3.0% of houses and apartments in Tucson (zip 85715), 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.