South Park, Tucson, AZ—85714
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Park, Tucson, AZ
As of Oct '25, the median home price in South Park, Tucson, AZ is $231,000, with a year-over-year change of -3.8%. This indicates that home prices in South Park, Tucson, AZ are decreasing. 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 | $231,000 | -3.8% |
| Single Family | $232,000 | -4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $206,000 | -1.4% |
3 Bed | $254,000 | -2.3% |
4 Bed | $286,000 | -2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Park, Tucson, AZ
As of July '25, Rentcast reports the average rent in South Park, Tucson, AZ is $1,300, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in South Park, Tucson, AZ is studios: $741, 1-bedrooms: $853, 2-bedrooms: $1,180, 3-bedrooms: $1,630, 4-bedrooms: $1,960. The most common rental property sizes in South Park, Tucson, AZ are 1-bedroom and 2-bedroom, accounting for 38.3% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,300 |
| Studio Rent | $779 | $741 |
| 1 Bed Rent | $875 | $853 |
| 2 Bed Rent | $1,180 | $1,180 |
| 3 Bed Rent | $1,500 | $1,630 |
| 4 Bed Rent | $2,000 | $1,960 |
% of Rental Stock
Property Listings — South Park, Tucson, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in South Park, Tucson, AZ is 76. This is a increase of 13.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $277,000 | 11.0% |
Listing Count | 25 | 52.0% |
| Listings as % of Homes | 0.4% | 52.0% |
Days on Market | 76 | 13.0% |
Demographics — South Park, Tucson, AZ
As of the latest ACS Survey released in 2023, South Park, Tucson, AZ has a population of 14,300, which has decreased by -9.0% over the past 5 years. South Park, Tucson, AZ is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | -9.0% |
% Under 18 | 20.7% | -29.6% |
% Seniors | 15.7% | 9.0% |
% WFH | 8.4% | 162.5% |
% w/ College Degree | 9.5% | 43.9% |
As of the latest ACS Survey released in 2023, South Park, Tucson, AZ is a predominantly hispanic area, with 86.2% of the population identifying as hispanic. The hispanic population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in South Park, Tucson, AZ is white, making up 9.0% of the population. Foreign-born residents account for 23.7% of the population in South Park, Tucson, AZ, and this percentage has decreased by 17.1% 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 | 9.0% | 21.6% |
% Black | 0.9% | -77.5% |
% Hispanic | 86.2% | 2.1% |
% Asian | 0.7% | ∞% |
% Foreign Born | 23.7% | -17.1% |
Mortgage and Risk — South Park, Tucson, AZ
According to HUD data as of 2023, there were 112 mortgage originations in South Park, Tucson, AZ, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in South Park, Tucson, AZ. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — South Park, Tucson, AZ
As of 2024, the percent of homes in South Park, Tucson, AZ under the Section 8 program is 12.3%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in South Park, Tucson, AZ, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 379 |
Total Units Section 8 | 298 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $45 | $875 | $920 |
| 2 Bedroom | $30 | $1,180 | $1,210 |
| 3 Bedroom | $200 | $1,500 | $1,700 |
| 4 Bedroom | -$10 | $2,000 | $1,990 |
Affordability — South Park, Tucson, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $231,000 |
| Median Household Income | $47,100 |