Casas Adobes, Tucson, AZ—85741
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Casas Adobes, Tucson, AZ
As of Oct '25, the median home price in Casas Adobes, Tucson, AZ is $324,000, with a year-over-year change of -4.0%. This indicates that home prices in Casas Adobes, Tucson, AZ are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $324,000 | -4.0% |
| Single Family | $326,000 | -4.4% |
| Condos | $215,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | -4.3% |
3 Bed | $326,000 | -3.8% |
4 Bed | $369,000 | -4.7% |
| 5 Bed | $451,000 | -3.4% |
% of Housing Stock
Rental Trends — Casas Adobes, Tucson, AZ
As of July '25, Rentcast reports the average rent in Casas Adobes, Tucson, AZ is $1,870, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Casas Adobes, Tucson, AZ is studios: $1,400, 1-bedrooms: $1,480, 2-bedrooms: $1,700, 3-bedrooms: $1,920, 4-bedrooms: $2,200. The most common rental property sizes in Casas Adobes, Tucson, AZ are 2-bedroom and 1-bedroom, accounting for 47.3% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,870 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,500 | $1,480 |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | $1,940 | $1,920 |
| 4 Bed Rent | $2,100 | $2,200 |
% of Rental Stock
Property Listings — Casas Adobes, Tucson, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Casas Adobes, Tucson, AZ is 52. This is a increase of 21.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $347,000 | -1.0% |
Listing Count | 116 | 59.0% |
| Listings as % of Homes | 0.6% | 59.0% |
Days on Market | 52 | 21.0% |
Demographics — Casas Adobes, Tucson, AZ
As of the latest ACS Survey released in 2023, Casas Adobes, Tucson, AZ has a population of 33,300, which has decreased by -5.4% over the past 5 years. Casas Adobes, Tucson, AZ is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,300 | -5.4% |
% Under 18 | 20.0% | -5.7% |
% Seniors | 17.9% | 29.7% |
% WFH | 13.3% | 315.6% |
% w/ College Degree | 29.7% | 11.2% |
As of the latest ACS Survey released in 2023, Casas Adobes, Tucson, AZ is a predominantly white area, with 53.3% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Casas Adobes, Tucson, AZ is hispanic, making up 30.5% of the population. Foreign-born residents account for 9.8% of the population in Casas Adobes, Tucson, AZ, and this percentage has increased by 5.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.3% | -6.8% |
% Black | 2.7% | -15.6% |
% Hispanic | 30.5% | -5.0% |
% Asian | 5.1% | 104.0% |
% Foreign Born | 9.8% | 5.4% |
Mortgage and Risk — Casas Adobes, Tucson, AZ
According to HUD data as of 2023, there were 136 mortgage originations in Casas Adobes, Tucson, AZ, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Casas Adobes, Tucson, AZ. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 136 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Casas Adobes, Tucson, AZ
As of 2024, the percent of homes in Casas Adobes, Tucson, AZ under the Section 8 program is 0.7%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Casas Adobes, Tucson, AZ, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,500 | $1,260 |
| 2 Bedroom | -$60 | $1,700 | $1,640 |
| 3 Bedroom | $360 | $1,940 | $2,300 |
| 4 Bedroom | $570 | $2,100 | $2,670 |
Affordability — Casas Adobes, Tucson, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $324,000 |
| Median Household Income | $71,800 |