Pima, AZ—85543
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pima, AZ
As of Oct '25, the median home price in Pima, AZ is $323,000, with a year-over-year change of 6.2%. This indicates that home prices in Pima, AZ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $323,000 | 6.2% |
| Single Family | $323,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pima, AZ
As of July '25, Rentcast reports the average rent in Pima, AZ is $1,550, with a year-over-year rent change of -17.6%. Per bedroom, the median rent as of July '25 in Pima, AZ is 2-bedrooms: $1,500, 3-bedrooms: $1,650. The most common rental property sizes in Pima, AZ are 2-bedroom and 3-bedroom, accounting for 41.7% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,500 |
| 3 Bed Rent | $1,650 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pima, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Pima, AZ is 62. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $408,000 | -21.0% |
Listing Count | 17 | 38.0% |
| Listings as % of Homes | 0.6% | 38.0% |
Days on Market | 62 | -34.0% |
Demographics — Pima, AZ
As of the latest ACS Survey released in 2023, Pima, AZ has a population of 4,880, which has increased by 31.7% over the past 5 years. Pima, AZ is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,880 | 31.7% |
% Under 18 | 28.9% | -11.3% |
% Seniors | 16.7% | 9.2% |
% WFH | 3.2% | -20.0% |
% w/ College Degree | 15.4% | -38.6% |
As of the latest ACS Survey released in 2023, Pima, AZ is a predominantly white area, with 77.1% of the population identifying as white. The white population has grown by 15.2% in the last 5 years. The second most common race or ethnicity in Pima, AZ is hispanic, making up 16.1% of the population. Foreign-born residents account for 1.1% of the population in Pima, AZ, and this percentage has decreased by 21.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.1% | 15.2% |
% Black | 0.2% | 0.0% |
% Hispanic | 16.1% | -44.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -21.4% |
Mortgage and Risk — Pima, AZ
According to HUD data as of 2023, there were 87 mortgage originations in Pima, AZ, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Pima, AZ. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 87 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Pima, AZ
Pima, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | $20 | $1,300 | $1,320 |
| 3 Bedroom | $140 | $1,650 | $1,790 |
| 4 Bedroom | N/A | N/A | $2,220 |
Affordability — Pima, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $323,000 |
| Median Household Income | $89,800 |