85735 Home Prices & Values

$173,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.1% 1-year change
  • 4.0% 1-year forecast

The median home value in 85735 is $173,900. 85735 home values have gone up 6.1% over the past year and Zillow predicts they will rise 4.0% within the next year. The median list price per square foot in 85735 is $83, which is lower than the Tucson Metro average of $110. The median price of homes currently listed in 85735 is $169,900 while the median price of homes that sold is $233,769. The median rent price in 85735 is $1,025, which is the same as the Tucson Metro median of $1,025.

Foreclosures will be a factor impacting home values in the next several years. In 85735 7.3 homes are foreclosed (per 10,000). This is greater than the Tucson Metro value of 5.7 and also greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 85735 is 5.1%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 85735 homeowners underwater on their mortgage is 29.8%, which is higher than Tucson Metro at 25.3%.

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Relative ZHVI
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85735 Market Overview

Data through Jul 31, 2014
  • $173,900 ZHVI
  • 4.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $169,900 Median listing price
  • No recent data Median sale price
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85735 Market Health

Data through Jul 31, 2014
  • 4.5/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 29.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

7.3 homes 85735
5.7 homes Tucson Metro
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
85743 $212,000 85622 $186,600 85745 $176,600
85629 $172,100 85653 $168,200 85757 $145,500
85736 $129,600 85746 $120,100 85713 $88,600

Listings & Sales

Data through Jul 31, 2014
  • $83 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 37.5% Listings with price cut
3.3%
Sold below listing
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85735 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,118 85735
$1,101 Tucson Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,025 Rent list price (Jun 30, 2014)
  • $0.60 Rent list price / sq ft (Jun 30, 2014)
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