| The Tucson housing market for April 2026 shows home sales in line with prior year’s sales. Median price flat from April 2025 and the Average price up 0.5% year over year. Inventory remains relatively unchanged from the prior month with 3.45 months’ supply. New listings fell 9.0% YoY helping sellers a bit. Buyers continue to hold most of the cards at this time. Homes that are well priced and updated will attract buyers and have more pricing power. |
Market Trends and Insights from Ben & Kim Boldt – Tucson’s Top Realtor Team
The Tucson Housing Market Pulse for April 2026, shows no change in the Median sales price from April 2025 remaining at $365,000. The Average sales price INCREASED 0.5% to $449,859. Median days on market INCREASED 1 days from April 2025 to 32 Days but dropped 3 days from the prior month.
A few more numbers, the ratio of sales price to list price held at 98.01% for April 2026. Active listings at the end of April stood at 4,820, essentially unchanged. Single-family at 3,808, Townhouses at 328, Condominiums at339, and Manufactured homes at 275. Also, Mobile Homes were 70.
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Takeaway from the Tucson Housing Market Pulse Data
Mortgage Rates
Our “internet review” as of May 12, 2026, at Bankrate.com shows interest rates in Arizona are 6.53% for a 30-year fixed mortgage – 5.95% for a 15-year fixed mortgage. These rates are slightly higher than the national rates.
Please Note – Mortgage rates in Arizona and Nationally can vary based on several factors, including your location, credit score, and broader economic conditions like inflation. To find the best mortgage or refinance rates in Arizona, it’s wise to shop around and compare offers from different lenders.
> Inventory Of Homes for Sale
New listings at the end of March stand at 1,956. DOWN 9.0% from the prior year and total Active listings stand at 4,820. Active Listings of Single-Family homes stand at 3,808 at the end of April 2026 at an Average Price of $627,069.
> Prices
The April 2026 median sales price for a Tucson home is unchanged YoY at $365,000. The average price moved up 0.5% YOY to $449,859.
> Tucson Homes for Sale by Price Range
Homes in the $300,000 to $500,000 price range comprised 43.4% of the active listings at the end of April 2026. This price range has a 3.28 month’s supply of homes which is down from 3.69 month’s supply for March 2026.
> The Bottom Line
May 11 (Reuters) – “BofA Global Research and Goldman Sachs are the latest brokerages to revise their U.S. Federal Reserve rate calls to later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Research now expects the Fed to remain on hold for the rest of this year, with two 25bp cuts in July and September 2027, while Goldman Sachs sees cuts in December 2026 and March 2027 compared to its earlier forecast of a first rate cut in September 2026.”
While no one has the perfect crystal ball, here is the outlook for the Tucson housing market. Over the next 3 months, expect the Tucson market to remain stable and inventory?heavy. Some price fluctuations and longer selling timelines. Buyers will have the edge as sellers will face rising competition.
Deja Vu all over again for new home builders. Builders continue to provide incentives to buyers. Price incentives for upgrades and lower mortgage rate financing spotlight the new construction home buying option. As always, buyers MUST pay attention to the upgrades and SHOULD NOT EXCEED 20% of the base price.
Considering A Home Tucson – Give Us a Call
Finding the right home can be a challenging process, but we can make the process much less stressful for you. As top Tucson Realtors since 2002, we know Tucson and the Tucson Real Estate market. We take the time to understand your home buying interests and desires to ensure we help you find the “right” home.
At our first meeting, we will review the current real estate market with you and then walk you through the Arizona home buying process.
Why? We want you to know what to expect and what to plan for.
Conclusion
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Go to the Tucson Housing Market Pulse archives for a look at recent housing reports and trends.
By the way, if you missed last month’s issue of the Tucson Housing Market Pulse its right here March 2026 Tucson Housing Market Pulse.