Tucson, AZ
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is tucson on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real −2.4%
nominal -2.4%
Five years
Five years real +5.9%
nominal +22.5%
Ten years
Ten years real +52.4%
nominal +99.2%
Twenty-five years
Twenty-five years real +63.7%
nominal +189.9%
Since 2000
Since 2000 real +71.3%
nominal +212.0%
2007 to 2012
crash, real −47.9%
2007Q2 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 467.4 | 467.4 | real year on year −2.2% |
| 2025 Q4 | 477.8 | 477.8 | real year on year −1.2% |
| 2024 Q4 | 483.7 | 483.7 | real year on year −3.0% |
| 2023 Q4 | 484.1 | 498.4 | real year on year +4.2% |
| 2022 Q4 | 446.1 | 478.2 | real year on year +1.3% |
| 2021 Q4 | 407.7 | 472.0 | real year on year +15.5% |
| 2020 Q4 | 337.2 | 408.7 | real year on year +11.2% |
| 2019 Q4 | 299.6 | 367.5 | real year on year +5.9% |
| 2018 Q4 | 277.7 | 346.9 | real year on year +5.3% |
| 2017 Q4 | 257.4 | 329.5 | real year on year +4.1% |
| 2016 Q4 | 242.1 | 316.5 | real year on year +6.4% |
| 2015 Q4 | 224.6 | 297.3 | real year on year +6.5% |
| 2014 Q4 | 210.6 | 279.1 | real year on year −2.4% |
| 2013 Q4 | 212.3 | 285.8 | real year on year +5.5% |
| 2012 Q4 | 198.3 | 271.0 | real year on year +12.8% |
| 2011 Q4 | 172.3 | 240.3 | real year on year −11.8% |
| 2010 Q4 | 189.3 | 272.4 | real year on year −15.1% |
| 2009 Q4 | 219.5 | 321.0 | real year on year −8.8% |
| 2008 Q4 | 241.7 | 352.1 | real year on year −16.9% |
| 2007 Q4 | 280.1 | 423.8 | real year on year −8.7% |
| 2006 Q4 | 298.2 | 464.0 | real year on year +1.4% |
| 2005 Q4 | 285.0 | 457.7 | real year on year +21.6% |
| 2004 Q4 | 226.7 | 376.4 | real year on year +12.7% |
| 2003 Q4 | 195.9 | 334.1 | real year on year +7.5% |
| 2002 Q4 | 178.1 | 310.6 | real year on year +5.0% |
| 2001 Q4 | 167.0 | 295.8 | real year on year +5.3% |
| 2000 Q4 | 154.3 | 281.0 | real year on year +1.9% |
| 1999 Q4 | 146.4 | 275.7 | real year on year +2.4% |
| 1998 Q4 | 140.0 | 269.4 | real year on year +2.1% |
| 1997 Q4 | 135.0 | 263.9 | real year on year −0.3% |
| 1996 Q4 | 132.3 | 264.7 | real year on year −0.9% |
| 1995 Q4 | 129.8 | 267.2 | real year on year +0.3% |
| 1994 Q4 | 125.8 | 266.2 | real year on year +6.9% |
| 1993 Q4 | 114.7 | 249.0 | real year on year +4.2% |
| 1992 Q4 | 106.9 | 238.9 | real year on year +1.9% |
| 1991 Q4 | 101.8 | 234.5 | — |
2026 Q2467 · real 467real year on year −2.2%
2025 Q4478 · real 478real year on year −1.2%
2024 Q4484 · real 484real year on year −3.0%
2023 Q4484 · real 498real year on year +4.2%
2022 Q4446 · real 478real year on year +1.3%
2021 Q4408 · real 472real year on year +15.5%
2020 Q4337 · real 409real year on year +11.2%
2019 Q4300 · real 368real year on year +5.9%
2018 Q4278 · real 347real year on year +5.3%
2017 Q4257 · real 329real year on year +4.1%
2016 Q4242 · real 316real year on year +6.4%
2015 Q4225 · real 297real year on year +6.5%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 46060. Real terms by the World Bank's US consumer price index, annual.