| The Tucson housing market for February 2026 shows home sales at the lowest sales level in 2 years and slightly above the 2023 level. Median price declined 1.4% and the Average price dropped 1.4%. The outlook for sellers is a slowing market with modest price declines. Buyers will have more inventory to choose from and greater negotiating power. Homes that are well priced and updated will be competitive. |
Market Trends and Insights from Ben & Kim Boldt – Tucson’s Top Realtor Team
The Tucson Housing Market Pulse for February 2026, shows a 1.4% DECREASE in the Median sales price from February 2025 at $365,000. The Average sales price FELL 1.3% to $440,469.
Median days on market INCREASED 4 days to 46 for February 2026. That’s 12 days higher than the prior year.
A few more numbers, the ratio of sales price to list price is 98.00% for February 2026. Active listings at the end of December stood at 4,855. Single-family at 3,828, Townhouses at 375, Condominiums at 300, and Manufactured homes at 282. Also, Mobile Homes were 70.
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Now the Details
Takeaway from the Tucson Housing Market Pulse Data
Mortgage Rates
Our “internet review” as of February 10, 2026, at totalmortgage.com shows current interest rates in Arizona are 5.875% for a 30-year fixed mortgage – 5.250% for a 15-year fixed mortgage – 7/6 ARM at 5.25%. These rates have broken the 6% level. Perhaps the “Experts” were wrong about rates remaining between 6 and 7 percent in 2026. As always, economic uncertainty may cause rates to move more drastically.
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
February’s new listings stand at 1,779 DOWN 8.7% from the prior year and total Active listings stand at 4,855. Active Listings of Single-Family homes stand at 3,828at the end of February 2026 at an Average Price of $628,819.
> Prices
The February median sales price for a Tucson home declined 1.4 % YoY to $365,000. The average price FELL 1.4% to $440,469.
> Tucson Homes for Sale by Price Range
Homes in the $300,000 to $500,000 price range comprised 44.6% of the active listings at the end of February 2026. This price range has a 4.40 month’s supply of homes.
> The Bottom Line
Same – Same 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 January 2026 Tucson Housing Market Pulse.