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  5. /Rita Ranch, Tucson, AZ - 85747

Rita Ranch, Tucson, AZ—85747

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$367,000
1.6% YoY Growth
Household Income
$107,000
25.2% YoY Growth
Days on Market
57
6.0% Longer YoY
Home Price Forecast
-0.7%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Rita Ranch, Tucson, AZ

As of May '26, the median home price in Rita Ranch, Tucson, AZ is $367,000, with a year-over-year change of -1.6%. This indicates that home prices in Rita Ranch, Tucson, AZ are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$367,000-1.6%
Single Family $367,000-1.3%
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
    $332,000-3.2%
    3 Bed
    $328,000-1.8%
    4 Bed
    $392,000-1.5%
    5 Bed $472,333-0.5%
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    2.6%
    2 Bedrooms
    6.3%
    3 Bedrooms
    49.0%
    4 Bedrooms
    34.5%
    5+ Bedrooms
    7.0%

    Rental Trends — Rita Ranch, Tucson, AZ

    As of July '25, Rentcast reports the average rent in Rita Ranch, Tucson, AZ is $2,060, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Rita Ranch, Tucson, AZ is 1-bedrooms: $1,550, 2-bedrooms: $1,810, 3-bedrooms: $1,940, 4-bedrooms: $2,200. The most common rental property sizes in Rita Ranch, Tucson, AZ are 3-bedroom and 4-bedroom, accounting for 62.6% and 22.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,000$2,060
    Studio Rent N/AN/A
    1 Bed Rent $1,550$1,550
    2 Bed Rent $1,700$1,810
    3 Bed Rent $1,820$1,940
    4 Bed Rent $2,200$2,200
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    % of Rental Stock

    Studio
    1.0%
    1 Bedroom
    4.8%
    2 Bedrooms
    5.8%
    3 Bedrooms
    62.6%
    4 Bedrooms
    22.4%
    5+ Bedrooms
    3.3%

    Property Listings — Rita Ranch, Tucson, AZ

    As of May '26, Realtor.com reports that the median days on market for a home in Rita Ranch, Tucson, AZ is 57. This is a increase of 6.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $395,000-10.0%
    Listing Count
    23426.0%
    Listings as % of Homes1.7%26.0%
    Days on Market
    576.0%
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    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%
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    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%
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    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
    Loading chart...
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    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 Ratio3.5
    Median Home Price$367,000
    Median Household Income$107,000

    Rita Ranch, Tucson, AZ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    85710

    Frequently Asked Questions