Cities with the most expensive homes in the Tucson metro area
Cities with the most expensive homes in the Tucson metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights affordability plays a huge role for buyers.
The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Tucson metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#14. Ajo, AZ
- Typical home value: $117,278
- 1-year price change: +0.6%
- 5-year price change: +58.2%
#13. South Tucson, AZ
- Typical home value: $208,302
- 1-year price change: +1.1%
- 5-year price change: +80.1%
#12. Amado, AZ
- Typical home value: $242,929
- 1-year price change: +2.1%
- 5-year price change: +78.1%
#11. Three Points, AZ
- Typical home value: $265,301
- 1-year price change: -3.9%
- 5-year price change: +59.1%
#10. Green Valley, AZ
- Typical home value: $294,758
- 1-year price change: -1.4%
- 5-year price change: +70.9%
#9. Tucson, AZ
- Typical home value: $323,885
- 1-year price change: -2.9%
- 5-year price change: +64.7%
#8. Sahuarita, AZ
- Typical home value: $360,395
- 1-year price change: -3.0%
- 5-year price change: +61.7%
#7. Corona de Tucson, AZ
- Typical home value: $379,638
- 1-year price change: -3.0%
- 5-year price change: +62.0%
#6. Catalina, AZ
- Typical home value: $410,167
- 1-year price change: +0.6%
- 5-year price change: +66.9%
#5. Marana, AZ
- Typical home value: $428,969
- 1-year price change: -2.8%
- 5-year price change: +57.0%
#4. Vail, AZ
- Typical home value: $436,268
- 1-year price change: -2.7%
- 5-year price change: +53.4%
#3. Oro Valley, AZ
- Typical home value: $496,874
- 1-year price change: -1.9%
- 5-year price change: +56.4%
#2. Sonoita, AZ
- Typical home value: $537,277
- 1-year price change: -1.0%
- 5-year price change: +61.4%
#1. Tortolita, AZ
- Typical home value: $626,351
- 1-year price change: -0.3%
- 5-year price change: +55.8%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.
