Tucson Makes the Top 10 Hidden Gems Market

— Tucson Shines in the Real Estate Spotlight —
It’s always a thrill when national experts affirm what we’ve known all along: Tucson is a real gem. The National Association of REALTORS® named Tucson among its “Top 10 Hidden Gems” in their 2022 Housing Market report, highlighting markets with strong fundamentals yet affordable home values.

— What’s a Hidden Gem Market Anyway? —
According to NAR, a hidden gem market combines strong economic and demographic indicators—like wages, jobs, migration, and broadband access—with median home prices that remain relatively affordable. In short: Tucson checks all the right boxes for value and growth.

— Numbers That Tell the Story —
• As of mid‑2021, the median home price in Tucson was about $261,046, which equated to roughly 3 times the median family income—while nearby Phoenix stood at $364,186, or about 4.3 times income.
• Among these top 10 undervalued markets, Tucson ranked 3rd in net domestic migration in 2020, with 10,778 new residents—just behind Dallas and San Antonio.
• From 2018 to 2021, home prices climbed 23.6%, comfortably ahead of wage growth at 15.6%.

— Why Tucson? Why Now? —
Compared to Phoenix, Tucson still offers breath-taking affordability, yet with momentum that’s on the rise. Yes, some locals experience competition from out‑of‑state cash buyers—common in desirable markets—but overall, Tucson is still a hidden gem worth celebrating.

Dreaming of what’s next? Whether you’re exploring upgrades, future moves, or just curious—tap to dive deeper into Tucson’s market data, and let’s chat about how your next steps could unfold.

Exciting times ahead. – Tony Ray 🏡