Broadmoor, Tucson, AZ85711

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$282,000
3.7% YoY Growth
Median Household Income
$52,400
34.0% 5-Year Growth
Days on Market
62
31.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$1,100
10.3% YoY Growth
1-Bed Rent
$895
3.9% YoY Growth
2-Bed Rent
$1,100
7.8% YoY Growth
3-Bed Rent
$1,750
3.4% YoY Growth

Property Listings — Broadmoor, Tucson, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Broadmoor, Tucson, AZ is 62. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$315,000-5.0%
Listing Count
13715.0%
Listings as % of Homes0.4%15.0%
Days on Market
6231.0%
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Demographics — Broadmoor, Tucson, AZ

As of the latest ACS Survey released in 2023, Broadmoor, Tucson, AZ has a population of 41,200, which has increased by 4.3% over the past 5 years. Broadmoor, Tucson, AZ is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
41,2004.3%
% Under 18
21.5%0.5%
% Seniors
17.8%21.1%
% WFH
15.5%252.3%
% w/ College Degree
30.5%-1.3%
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As of the latest ACS Survey released in 2023, Broadmoor, Tucson, AZ is a predominantly white area, with 45.1% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Broadmoor, Tucson, AZ is hispanic, making up 38.5% of the population. Foreign-born residents account for 12.2% of the population in Broadmoor, Tucson, AZ, and this percentage has decreased by 1.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
45.1%-10.5%
% Black
6.6%11.9%
% Hispanic
38.5%4.6%
% Asian
3.5%2.9%
% Foreign Born
12.2%-1.6%
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Mortgage and Risk — Broadmoor, Tucson, AZ

According to HUD data as of 2023, there were 451 mortgage originations in Broadmoor, Tucson, AZ, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Broadmoor, Tucson, AZ. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
451
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Broadmoor, Tucson, AZ

As of 2024, the percent of homes in Broadmoor, Tucson, AZ under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Broadmoor, Tucson, AZ, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
915
Total Units Section 8
763
% Rentals under Section 8
8.1%
% Occupied Section 8
87.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$35$895$930
2 Bedroom$110$1,100$1,210
3 Bedroom-$50$1,750$1,700
4 Bedroom$40$1,950$1,990

Affordability — Broadmoor, Tucson, AZ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.4
Median Home Price$282,000
Median Household Income$52,400

Broadmoor, Tucson, AZ — ZIP Code Boundary Map

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Frequently Asked Questions