Tucson Real Estate Market Update (February 2025): Trends, Prices & Forecasts

As of February 2025, Tucson’s real estate market continues to exhibit resilience and growth, presenting opportunities for both buyers and sellers. Here’s an overview of the current trends shaping the market:

Market Overview

The median listing home price in Tucson stands at $385,300, reflecting a 4.1% year-over-year increase. Homes are selling for approximately 98.61% of the asking price, with a median of 64 days on the market. 

Regional Insights

• Northwest Tucson: Areas like Oro Valley and parts of Marana are experiencing faster home sales, indicating heightened demand. 

• Rita Ranch: This family-friendly neighborhood boasts a median listing price of $340,000, appealing to buyers seeking modern amenities and proximity to quality schools. 

Upcoming Events

The 2025 Tucson Land & Housing Forecast, scheduled for February 27th at Hacienda Del Sol, is a sold-out event anticipated to provide comprehensive insights into the region’s housing market and future projections. 

Expert Predictions

Industry experts forecast a 5-7% increase in home prices throughout 2025, driven by sustained demand and limited inventory. Mortgage rates are expected to remain steady around 6-7%, maintaining affordability for many buyers. 

Conclusion

Tucson’s real estate market in February 2025 showcases a dynamic environment with rising home prices and quick sales in desirable neighborhoods. Whether you’re considering buying or selling, staying informed on local trends and forecasts is essential to making strategic real estate decisions.