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  5. /South Park, Tucson, AZ - 85714

South Park, Tucson, AZ—85714

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$235,000
3.7% YoY Growth
Household Income
$47,100
62.5% YoY Growth
Days on Market
51
1.0% Shorter YoY
Home Price Forecast
-0.9%
Median Rent
$1,280
2.4% YoY Growth
1-Bed Rent
$875
2.4% YoY Growth
2-Bed Rent
$1,180
19.9% YoY Growth
3-Bed Rent
$1,500
1.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — South Park, Tucson, AZ

As of May '26, the median home price in South Park, Tucson, AZ is $235,000, with a year-over-year change of -3.7%. 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 TypeMedian Home ValueYoY % Change
All Homes
$235,000-3.7%
Single Family $236,000-3.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$207,000-2.8%
    3 Bed
    		$255,000-1.9%
    4 Bed
    		$284,000-2.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    5.4%
    1 Bedroom
    20.3%
    2 Bedrooms
    24.7%
    3 Bedrooms
    39.1%
    4 Bedrooms
    9.7%
    5+ Bedrooms
    0.8%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    11.1%
    1 Bedroom
    38.3%
    2 Bedrooms
    23.9%
    3 Bedrooms
    21.1%
    4 Bedrooms
    4.2%
    5+ Bedrooms
    1.3%

    Property Listings — South Park, Tucson, AZ

    As of May '26, Realtor.com reports that the median days on market for a home in South Park, Tucson, AZ is 51. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$260,000-5.0%
    Listing Count
    		247.0%
    Listings as % of Homes0.4%7.0%
    Days on Market
    		51-1.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.9
    Median Home Price$235,000
    Median Household Income$47,100

    South Park, Tucson, AZ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions