Tucson Home Prices Just Hit $349K | March 2026 Report!

👇Click Here To View The Full Report 👇 https://tucsonhomesandlots.com/tucson... In this Tucson real estate market update, we break down what’s really happening with mortgage rates, buyer affordability, home prices, inventory, days on market, price drops, and total home sales. This month’s Tucson housing market continues to feel flat, balanced, and payment-sensitive — not frozen, not crashing, just more selective and negotiation-heavy than the frenzy years. The transcript frames the market as “flat and boring,” with homes still moving and inventory continuing to balance out. March 2026 Tucson Market Stats: Homes sold for 97.8% of list price on average, or about 2.2% under asking. Median days on market was 28 days, up 2 days from last year. Average price per square foot was $231, down 1.5% year over year. Median sale price for all properties was $349,000. Median sale price for single-family homes was $380,000, up 2.7% year over year. Median sale price for townhomes and condos was $277,500, down about 1% year over year. About 48% of active listings had at least one price reduction, with a median of 18 days before the first drop. Sold homes with price drops averaged an 8.9% reduction from original list to closed price, with a median reduction of 8%. Total closed sales in Tucson for March 2026 came in at 872 homes. Total sales volume was about $390.8 million. We also talk about the mortgage rate impact on affordability. In the video, I use a $400,000 home with 20% down as an example: at 6.0%, principal and interest is just over $1,900/month, and at 6.5%, it’s just over $2,000/month — about a $104/month difference. I also walk through a $1.1 million home example showing how a half-point rate change can mean roughly $286/month more in principal and interest, which can affect qualification for buyers on the edge. If you’re wondering whether Tucson home prices are falling, whether buyers finally have more leverage, or whether sellers still need to price aggressively from day one, this video should give you real local context. Chapters: 0:00 Intro / March 2026 Tucson Housing Market Report 0:29 Mortgage Application Index 1:10 Mortgage Rates, Buyer Affordability, and Qualification Examples 4:09 Flat and Boring? Buyer Pain, Seller Reality, and Why I Make These Videos 4:55 National Mortgage Rate Snapshot 5:20 Percent of List Price Received 5:52 Days on Market 6:32 Average Price Per Square Foot 7:03 Median Home Price All Properties 7:08 Single-Family Home Prices 7:43 Townhome and Condo Prices 8:20 Tucson Inventory and Months of Supply 8:55 Price Drops and Seller Adjustments 10:02 Total Home Sales and Sales Volume 10:24 What This Means for Buyers and Sellers 11:13 Closing / Call to Action 📍 Thinking about buying or selling in Tucson? I’m Blaine Bond with eXp Realty — reach out anytime at 520-775-3400. 👍 If this video helped, please like, subscribe, and comment with another Tucson neighborhood you’d like me to cover next. 📲 Thinking About Moving to Tucson or Selling Your Home? Whether you’re: Buying your first home in Tucson Selling and moving up or downsizing Looking for a second home or investment property Curious what your home might sell for in today’s market I’d love to be your Tucson real estate resource. 📞 Call/Text Blaine Bond: 520-775-3400 📧 Email: [email protected] 💥 CONNECT with Blaine Bond on Social Media 💥 ➡️ Facebook:   / agentbondaz   ➡️ Instagram:   / agentbondaz   --------------------------------------------------------------------------------------------------------------------- 👋🏼 ABOUT TYLER FORD TUCSON REAL ESTATE TEAM We love to use our many resources to help our clients navigate the home-buying and selling process, and we would love to help you achieve your Real Estate goals as well! Our team is 100% committed to producing videos to showcase Tucson, Arizona! We work with clients from all over the U.S. moving to Tucson, and we ABSOLUTELY LOVE IT! Reach out to us day/night/weekends if you are moving here; we have your back!! 📞 Call/Text - 520-775.3400 ---------------------------------------------------------------------------------------------------------------- #tucsonarizona #tucson #tucsonrealtor #tucsonrealestate #livingintucson