Drexel Heights, Tucson, AZ—85746
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Drexel Heights, Tucson, AZ
As of Oct '25, the median home price in Drexel Heights, Tucson, AZ is $287,000, with a year-over-year change of -3.5%. This indicates that home prices in Drexel Heights, Tucson, AZ are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | -3.5% |
| Single Family | $288,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $226,000 | -2.6% |
3 Bed | $284,000 | -3.1% |
4 Bed | $315,000 | -2.5% |
| 5 Bed | $356,000 | -1.9% |
% of Housing Stock
Rental Trends — Drexel Heights, Tucson, AZ
As of July '25, Rentcast reports the average rent in Drexel Heights, Tucson, AZ is $1,730, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Drexel Heights, Tucson, AZ is studios: $850, 1-bedrooms: $883, 2-bedrooms: $1,380, 3-bedrooms: $1,780, 4-bedrooms: $2,030. The most common rental property sizes in Drexel Heights, Tucson, AZ are 3-bedroom and 1-bedroom, accounting for 47.3% and 18.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,770 | $1,730 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $870 | $883 |
| 2 Bed Rent | $1,400 | $1,380 |
| 3 Bed Rent | $1,770 | $1,780 |
| 4 Bed Rent | $2,050 | $2,030 |
% of Rental Stock
Property Listings — Drexel Heights, Tucson, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Drexel Heights, Tucson, AZ is 52. This is a decrease of -3.0% 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 | $307,000 | -7.0% |
Listing Count | 85 | 5.0% |
| Listings as % of Homes | 0.4% | 5.0% |
Days on Market | 52 | -3.0% |
Demographics — Drexel Heights, Tucson, AZ
As of the latest ACS Survey released in 2023, Drexel Heights, Tucson, AZ has a population of 44,000, which has decreased by -1.8% over the past 5 years. Drexel Heights, Tucson, AZ is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,000 | -1.8% |
% Under 18 | 25.5% | -14.1% |
% Seniors | 15.5% | 22.0% |
% WFH | 9.8% | 151.3% |
% w/ College Degree | 17.8% | 40.2% |
As of the latest ACS Survey released in 2023, Drexel Heights, Tucson, AZ is a predominantly hispanic area, with 72.3% of the population identifying as hispanic. The hispanic population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Drexel Heights, Tucson, AZ is white, making up 19.6% of the population. Foreign-born residents account for 16.4% of the population in Drexel Heights, Tucson, AZ, and this percentage has increased by 6.5% 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 | 19.6% | 15.3% |
% Black | 2.7% | 22.7% |
% Hispanic | 72.3% | -3.3% |
% Asian | 1.1% | 57.1% |
% Foreign Born | 16.4% | 6.5% |
Mortgage and Risk — Drexel Heights, Tucson, AZ
According to HUD data as of 2023, there were 366 mortgage originations in Drexel Heights, Tucson, AZ, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Drexel Heights, Tucson, AZ. Investor activity is low, as 2.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 366 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Drexel Heights, Tucson, AZ
As of 2024, the percent of homes in Drexel Heights, Tucson, AZ under the Section 8 program is 4.8%. 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. In Drexel Heights, Tucson, AZ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 320 |
Total Units Section 8 | 224 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $870 | $1,170 |
| 2 Bedroom | $130 | $1,400 | $1,530 |
| 3 Bedroom | $370 | $1,770 | $2,140 |
| 4 Bedroom | $440 | $2,050 | $2,490 |
Affordability — Drexel Heights, Tucson, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $287,000 |
| Median Household Income | $68,500 |