Tucson Real Estate Market Trends

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The Tucson real estate market appears to be hovering around its plateau and home values are starting to decrease amid mortgage rate hikes and the market cooling down. The median list price for houses in Tucson, AZ is about $375,000. Property inventory decreased significantly in the first half of 2022. As of November 2022, the most expensive home on the market is listed at $6.5M and the least expensive house on the market is $129,000.