Home Value Trail

Pima County home price history and building permits

ArizonaTucson, AZ metro area1,074,685 residents (2025 estimate)

  • FHFA annual index 1975 to 2025
  • Developmental index
  • Release of
  • Permits through August 2026

The FHFA annual house price index for Pima County increased by 111.3% from 2015 to 2025. From 2020 to 2025, the index increased by 56.2%. From 2024 to 2025, the index increased by 1.1%.

2015

+111.3%

From 2015 to 2025, the FHFA annual all-transactions index for Pima County increased by 111.3%.

From 2015 to 2025, the average change in each year is +7.8%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Pima County+111.3%
Tucson, AZ+111.3%
Arizona+118.7%
United States+85.0%
Pima County FHFA annual all-transactions index, 100 in 1975
  • Pima County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span
Index values for each year
FHFA annual all-transactions index for Pima County, 1975 to 2025
YearIndexChange from the year before
20251,026.55+1.1%
20241,015.32+3.5%
2023980.56+6.0%
2022925.41+20.0%
2021770.97+17.3%
2020657.12+5.5%
2019622.88+7.1%
2018581.67+6.2%
2017547.67+7.3%
2016510.32+5.1%
2015485.77+3.0%
2014471.74+6.6%
2013442.33+5.3%
2012420.17−2.2%
2011429.83−10.4%
2010479.85−10.1%
2009533.78−13.5%
2008616.75−8.3%
2007672.32−0.6%
2006676.14+15.6%
2005584.71+25.7%
2004465.18+11.4%
2003417.59+4.6%
2002399.32+5.7%
2001377.92+5.9%
2000356.72+5.3%
1999338.69+3.0%
1998328.98+3.0%
1997319.42+2.5%
1996311.63+2.7%
1995303.39+7.0%
1994283.50+8.3%
1993261.81+3.8%
1992252.29+2.6%
1991245.78+3.1%
1990238.32+0.5%
1989237.08+0.8%
1988235.11+1.8%
1987230.89+1.8%
1986226.75+6.1%
1985213.72+4.5%
1984204.51+4.0%
1983196.61+10.5%
1982177.98−11.1%
1981200.22+7.5%
1980186.25+11.1%
1979167.59+27.8%
1978131.11+17.6%
1977111.51+9.1%
1976102.20+2.2%
1975100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Pima County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Pima County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Pima County+1.1%+56.2%+111.3%+75.6%+187.8%+7.8%
Tucson, AZ+1.1%+56.2%+111.3%+75.6%+187.8%+7.8%
Arizona+0.9%+54.9%+118.7%+92.7%+228.1%+8.1%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

Each row uses FHFA's annual all-transactions index and the same two years. "n/a": the area has no index value for one of the two years.

Drawdowns

A drawdown is a decline of 5% or more of the annual index from a peak.

Drawdowns of the index of Pima County, deepest first
PeakLowDeclineBack at the peak
20062012−37.9%2021
19811982−11.1%1984

Decade by decade

Change in the index of Pima County in each decade
DecadeChangeUnited StatesBar
1980s1980 to 1990+28.0%+68.2%
1990s1990 to 2000+49.7%+33.9%
2000s2000 to 2010+34.5%+29.7%
2010s2010 to 2020+36.9%+35.5%
2020s so far2020 to 2025+56.2%+47.0%

The index is 100 in the first year with a value for the area (1975 here). The change in a decade is the index at the end of the decade divided by the index at the start. The base year has no effect on it.

Building permits

In the 12 months to August 2026, building permits in Pima County authorized 4,828 housing units. That is 4.5 units for each 1,000 residents.

Housing units authorized by month, latest 60 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in Pima County, by month, Sep 2021 to Aug 2026
MonthAll units1 unit2 or more units
Aug 202630624264
Jul 2026564348216
Jun 202643737760
May 202631927544
Apr 202642738740
Mar 202636429965
Feb 202639635145
Jan 202632629729
Dec 2025669240429
Nov 202530123467
Oct 202537129180
Sep 202534829553
Aug 202525720156
Jul 202530625650
Jun 202537332251
May 202540635254
Apr 202541134071
Mar 202544238062
Feb 202542138932
Jan 202535329261
Dec 202430725651
Nov 202430024159
Oct 202440334162
Sep 202435630749
Aug 2024461299162
Jul 2024655361294
Jun 202445940356
May 202446537590
Apr 202447039278
Mar 202448442460
Feb 202447040763
Jan 202441935267
Dec 2023512286226
Nov 202343435183
Oct 202342533392
Sep 202344535788
Aug 2023507372135
Jul 202337231260
Jun 202336029367
May 202345038268
Apr 202335528570
Mar 2023752332420
Feb 2023442246196
Jan 202322616462
Dec 2022475180295
Nov 202226617591
Oct 202234927673
Sep 202230121091
Aug 2022329227102
Jul 2022312209103
Jun 2022708297411
May 202243736572
Apr 202248440678
Mar 2022908546362
Feb 2022641410231
Jan 202255948970
Dec 2021493382111
Nov 202142133091
Oct 202146537689
Sep 202154147368
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in Pima County, by year, 1995 to 2025
YearAll units1 unit2 or more units
20254,6583,5921,066
20245,2504,1501,100
20235,2553,6881,567
20225,7143,7351,979
20216,2845,1161,168
20204,9584,242716
20194,3133,490823
20184,4043,2401,164
20174,4952,8881,607
20162,4662,42046
20152,4282,226202
20143,2502,296954
20133,4912,623868
20122,8412,175666
20112,2421,388854
20101,9381,726212
20092,1291,934195
20083,2212,743478
20075,2374,698539
20068,5228,132390
200511,64411,166478
200410,5219,604917
20037,9107,598312
20027,1476,1141,033
20017,4726,2981,174
20007,7796,816963
19998,7347,2341,500
19986,5126,5120
19975,5775,5770
19965,0735,0730
19954,9344,9340
Building permits in the 12 months to August 2026: Pima County, the state and the nation
FigurePima CountyArizonaUnited States
Housing units authorized4,82847,2571,418,086
Units for each 1,000 residents4.56.24.1
Share in buildings with 1 unit75%66%63%
Change from the 12 months before+11.4%−7.4%−0.1%
Units authorized from 1995166,3991,543,59543,082,761

A permit authorizes construction. It does not show that the work started or that it is complete. Residents: Census Bureau estimate for 2025.

ZIP Codes in Pima County

ZIP Codes of Pima County with an FHFA index, in ZIP Code order
ZIP CodePlace1 year5 years10 yearsNewest year
85321Ajon/a+56.3%+66.3%2025
85614Green Valley+28.1%+87.5%+164.5%2025
85619Summerhaven+5.2%n/a+26.0%2021
85622Green Valleyn/a+56.0%+93.5%2024
85629Sahuarita+9.7%+62.9%+114.6%2025
85641Vail0.0%+51.8%+103.3%2025
85645Elephant Head−0.4%+40.3%+143.0%2023
85653Marana+19.0%+96.2%+197.3%2025
85701Tucson−1.7%+43.1%+95.5%2025
85704Casas Adobes−0.6%+55.0%+102.8%2025
85705Tucson+4.2%+61.9%+130.5%2025
85706Tucson+7.5%+71.6%+171.9%2025
85710Tucson+3.0%+56.2%+118.8%2025
85711Tucson+2.1%+58.7%+125.3%2025
85712Tucson−1.3%+52.1%+105.3%2025
85713Tucson−0.5%+62.0%+154.0%2025
85714Tucson+2.8%+65.0%+165.4%2025
85715Tucson0.0%+50.7%+104.3%2025
85716Tucson−2.2%+51.7%+106.3%2025
85718Catalina Foothills+1.2%+46.4%+79.9%2025
85719Tucson−1.1%+54.2%+103.1%2025
85730Tucson+0.8%+52.4%+117.4%2025
85735Three Points−1.6%+52.4%+123.1%2025
85736Three Points+29.2%+96.7%+177.8%2025
85737Oro Valley+1.0%+53.9%+104.6%2025
85741Casas Adobes+0.2%+53.0%+114.3%2025
85742Casas Adobes+3.5%+56.0%+104.8%2025
85743Picture Rocks+2.6%+70.2%+120.0%2025
85745Tucson Mountains+2.4%+58.3%+113.6%2025
85746Drexel Heights−7.2%+57.3%+126.2%2025
85747Tucson+1.9%+47.7%+93.6%2025
85748Tucson−4.4%+47.7%+93.6%2025
85749Tanque Verde+1.1%+48.5%+89.4%2025
85750Catalina Foothills+1.1%+50.6%+89.9%2025
85755Oro Valley−16.0%+65.8%+100.9%2025
85756Tucson−6.1%+56.9%+154.1%2025
85757Valencia West+3.9%+60.0%+125.9%2025

Each change ends in the newest year of that ZIP Code's index. All ZIP Codes of Pima County as a CSV file

Cities and towns with building permits

Places in Pima County with a page, by name: housing units authorized in the 12 months to August 2026
PlaceUnitsFor each 1,000 residentsIn buildings with 1 unit
Marana town99815.2100%
Oro Valley town57812.018%
Pima County Unincorporated Area1,325n/a97%
Sahuarita town49213.1100%
Tucson1,4332.653%

Median home value of the area, ACS 2020-2024

The American Community Survey (ACS) asks owners what their home would sell for. The table gives the middle of these answers for each area, over the 5 years 2020-2024. It is an estimate for the area. It is not the value of one home and it is not an FHFA figure.

Median value of owner-occupied housing units, Pima County and the areas above it: ACS 5-year estimate 2020-2024, with margin of error
AreaMedian valueMargin of error
Pima County$319,700±$3,338
Arizona$394,500±$1,474
United States$332,700±$236

Source: US Census Bureau, American Community Survey 5-year estimates 2020-2024, table B25077.

The Census Bureau defines the value: Value is the respondent's estimate of how much the property (house and lot, mobile home and lot (if lot owned), or condominium unit) would sell for if it were for sale.

It says about the margin of error: The MOEs for published ACS estimates are provided at a 90 percent confidence level. A value of "$2,000,000 or more" is the top group, with no margin. See the glossary. The site copied these texts on .

Agency pages

Each link loaded on .

Cite this page

Home Value Trail. Pima County, AZ home price history. https://homevaluetrail.com/county/az/pima/. Source: Federal Housing Finance Agency, annual house price index for counties (developmental); US Census Bureau, Building Permits Survey. FHFA release of .

Where the figures come from

Index
FHFA annual house price index for counties, all transactions, 1975 to 2025. Release of March 31, 2026.
Other levels
FHFA annual indexes for CBSAs, states and the United States, from the same release.
Building permits
US Census Bureau, Building Permits Survey, county and place files through August 2026.
Residents
US Census Bureau, population estimates for 2025.
ZIP Codes and metro area
US Census Bureau, 2020 ZCTA to county relationship file, and the OMB delineation of July 2023.
Median value
US Census Bureau, American Community Survey 5-year estimates 2020-2024, table B25077.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

Which years had the largest changes in the index for Pima County?
The largest increase in one year was 27.8%, from 1978 to 1979. The largest decrease in one year was 13.5%, from 2008 to 2009.
How did the index for Pima County change over 20 years?
From 2005 to 2025, the index for Pima County increased by 75.6%. In the same years, the index for the Tucson, AZ area increased by 75.6%. In the same years, the index for Arizona increased by 92.7%. In the same years, the index for the United States increased by 79.1%.
What is the highest value of the index for Pima County?
The index is 100 in 1975, the first year with a value for this area. The highest annual value is 1,026.55, in 2025.
How many ZIP Codes and cities of Pima County have a page?
37 ZIP Codes of the county have an FHFA index and a page. 5 places with building permits have a page.