Rita Ranch, Tucson, AZ85747

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$363,000
3.2% YoY Growth
Median Household Income
$107,000
25.2% 5-Year Growth
Days on Market
66
25.0% Longer than last year
Home Price Forecast
-0.2%
Median Rent
$2,000
0.5% YoY Growth
1-Bed Rent
$1,550
N/A
2-Bed Rent
$1,700
4.2% YoY Growth
3-Bed Rent
$1,820
0.5% YoY Growth

Property Listings — Rita Ranch, Tucson, AZ

As of Oct '25, Realtor.com reports that the median days on market for a home in Rita Ranch, Tucson, AZ is 66. This is a increase of 25.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$400,000-4.0%
Listing Count
17210.0%
Listings as % of Homes1.7%10.0%
Days on Market
6625.0%
Loading chart...

Demographics — Rita Ranch, Tucson, AZ

As of the latest ACS Survey released in 2023, Rita Ranch, Tucson, AZ has a population of 26,800, which has increased by 4.0% over the past 5 years. Rita Ranch, Tucson, AZ is a popular place for families, as children make up 28.9% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
26,8004.0%
% Under 18
28.9%-5.9%
% Seniors
12.7%29.6%
% WFH
15.6%140.0%
% w/ College Degree
45.6%11.8%
Loading chart...

As of the latest ACS Survey released in 2023, Rita Ranch, Tucson, AZ is a predominantly white area, with 59.3% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Rita Ranch, Tucson, AZ is hispanic, making up 26.8% of the population. Foreign-born residents account for 7.8% of the population in Rita Ranch, Tucson, AZ, and this percentage has increased by 8.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
59.3%-10.0%
% Black
4.8%14.3%
% Hispanic
26.8%15.0%
% Asian
3.8%46.2%
% Foreign Born
7.8%8.3%
Loading chart...

Mortgage and Risk — Rita Ranch, Tucson, AZ

Rita Ranch, Tucson, AZ lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

Loading chart...
Loading chart...

Rentals and Section 8 — Rita Ranch, Tucson, AZ

As of 2024, the percent of homes in Rita Ranch, Tucson, AZ under the Section 8 program is 0.8%. 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 Rita Ranch, 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
25
Total Units Section 8
12
% Rentals under Section 8
0.8%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$30$1,550$1,580
2 Bedroom$360$1,700$2,060
3 Bedroom$1,070$1,820$2,890
4 Bedroom$1,150$2,200$3,350

Affordability — Rita Ranch, Tucson, AZ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$363,000
Median Household Income$107,000

Rita Ranch, Tucson, AZ — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions