Tucson FHA Loan Rates, Closing Costs & Stats

TUCSON, AZ

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Tucson's 132 lenders originated 4,044 FHA loans during 2024. The total origination value was $1,198,320,000, with an average FHA loan value of $296,320.

    Tucson FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Tucson averaged 6.35% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    Tucson's average FHA mortgage closing costs are $8,214.

    The average rate for the prior week (2025-03-28) was 6.35% and one month ago for the week of 2025-02-28, the average rate was 6.23%.

    The average rate one year ago was 6.65%.

    For refis of the same type during the week of 2025-04-04, the average rate was 5.97%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Tucson FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Tucson level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    NOVA FINANCIAL & INVESTMENT CORPORATION 343 6.49% $8,026
    CROSSCOUNTRY MORTGAGE, LLC 325 6.28% $11,277
    LOANDEPOT.COM, LLC 279 5.77% $12,556
    UNITED WHOLESALE MORTGAGE, LLC 258 6.13% $12,725
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 233 6.45% $12,213
    QUICKEN LOANS, LLC 168 6.23% $12,595
    ALTITUDE FINANCIAL CORPORATION 168 6.34% $7,099
    KBHS HOME LOANS, LLC 148 5.37% $13,293
    V.I.P. MORTGAGE, INC. 148 6.49% $13,605
    GUILD MORTGAGE COMPANY 142 6.40% $13,925
    EAGLE HOME MORTGAGE, LLC 135 4.49% $12,207
    DHI MORTGAGE COMPANY, LTD. 135 5.10% $10,728
    HOMEAMERICAN MORTGAGE CORPORATION 129 4.97% $7,261
    AMERICAN PACIFIC MORTGAGE CORPORATION 97 6.74% $13,026
    MORIA DEVELOPMENT, INC. 83 6.39% $13,310
    Prosperity Home Mortgage, LLC 63 6.03% $12,986
    MOVEMENT MORTGAGE, LLC 60 6.36% $13,876
    FREEDOM MORTGAGE CORPORATION 55 6.42% $11,759
    PULTE MORTGAGE LLC 50 4.75% $8,059
    Equity Prime Mortgage LLC 41 6.70% $14,308
    BROKER SOLUTIONS, INC. 33 6.81% $12,415
    GUARANTEED RATE, INC. 28 6.31% $12,743
    Flagstar Bank, FSB 28 6.13% $11,626
    PENNYMAC LOAN SERVICES, LLC 27 6.06% $10,210
    MATTAMY HOME FUNDING, LLC 26 5.35% $13,159
    Mr. Cooper ( Nationstar Mortgage ) 22 6.51% $11,817
    LOANPAL, LLC 20 5.83% $12,773
    SUMMIT FUNDING, INC. 19 6.60% $14,746
    The Loan Store, Inc. 19 6.19% $13,017
    GUARANTEED RATE AFFINITY, LLC 19 6.46% $13,646
    AMERICAN FINANCIAL NETWORK, INC. 17 6.62% $15,083
    Nations Lending Corporation 16 6.36% $9,508
    NEWREZ LLC 16 6.19% $11,412
    Paramount Residential Mortgage Group, Inc. 16 6.35% $11,477
    GENEVA FINANCIAL, LLC 14 6.50% $15,639
    CARDINAL FINANCIAL 13 6.45% $12,485
    MUTUAL OF OMAHA MORTGAGE, INC. 12 6.26% $13,902
    AMERISAVE MORTGAGE CORPORATION 12 6.05% $17,044
    Carrington Mortgage Services, LLC 11 6.53% $12,635
    SUN WEST MORTGAGE COMPANY, INC. 11 6.22% $12,509
    HOMESIDE FINANCIAL, LLC 10 6.15% $18,672
    JMAC LENDING, INC. 10 6.55% $12,280
    T2 FINANCIAL LLC 9 6.37% $9,887
    SECURITYNATIONAL MORTGAGE COMPANY 9 6.52% $13,760
    Plains Commerce Bank 8 6.08% $11,785
    VILLAGE CAPITAL MORTGAGE 8 6.48% $5,267
    MID AMERICA MORTGAGE, INC. 8 6.91% $7,679
    Lakeview Community Capital, LLC 7 6.59% $7,741
    PLANET HOME LENDING, LLC 7 6.12% $5,770
    VERITAS FUNDING, LLC 6 6.27% $16,114
    CMG MORTGAGE, INC. 6 6.15% $17,934
    U.S. Bank 5 6.20% $11,384
    TruHome Solutions, LLC 5 6.10% $13,350
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.33% $11,964
    ONY GLO, INC. 5 6.23% $10,121
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 5 5.95% $13,360
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 7.00% $13,130
    PHH Mortgage Corporation 4 6.19% $10,800
    INTELLILOAN, INC. 4 5.78% $5,547
    Mortgage Research Center, LLC 4 6.38% $10,953
    Century Mortgage Company DBA Century Lending Company 4 6.34% $12,916
    PREMIER LENDING, INC. 4 6.59% $14,135
    LAKEVIEW LOAN SERVICING, LLC 4 6.22% $8,022
    ZILLOW HOME LOANS, LLC 4 6.09% $17,778
    NBKC BANK 3 5.92% $13,885
    AMERICAN FINANCIAL RESOURCES, INC. 3 7.54% $15,755
    AmeriHome Mortgage Company, LLC 3 5.96% $10,766
    BAY-VALLEY MORTGAGE GROUP 3 6.80% $13,517
    DAS Acquisition Company, LLC 3 6.76% $16,048
    JPMorgan Chase Bank 3 6.17% $7,396
    LADERA LENDING, INC. 3 6.92% $9,563
    NETWORK CAPITAL FUNDING CORPORATION 3 6.25% $14,319
    ROYAL UNITED MORTGAGE LLC 3 6.88% $16,723
    The Federal Savings Bank 3 6.42% $17,531
    BMO Harris Bank 2 5.63% $10,306
    Sierra Pacific Mortgage Company, Inc. 2 6.25% $14,492
    HOMEOWNERS FINANCIAL GROUP USA, LLC 2 6.00% $11,050
    STARBOARD FINANCIAL MANAGEMENT, LLC 2 6.50% $12,839
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.25% $5,138
    BETTER MORTGAGE CORPORATION 2 6.19% $9,980
    CANOPY MORTGAGE, LLC 2 7.13% $11,421
    AHL FUNDING 2 6.50% $9,714
    AMERICAN FINANCING CORPORATION 2 5.63% $19,985
    BAY EQUITY LLC 2 6.94% $7,912
    LEADERONE FINANCIAL CORPORATION 2 5.94% $11,244
    OCMBC, INC. 2 5.25% $16,365
    Wells Fargo Bank 2 6.06% $15,763
    OPEN MORTGAGE, LLC 1 6.63% $6,272
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.13% $11,864
    East Coast Capital Corp. 1 7.25% $15,461
    DIRECTORS MORTGAGE, INC. 1 6.99% $19,012
    Performance Financial, Inc. 1 6.50% $11,861
    DIRECT MORTGAGE LOANS, LLC 1 5.75% $14,723
    Cornerstone First Mortgage, Inc 1 7.13% $13,364
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.63% $14,936
    PLAZA HOME MORTGAGE, INC. 1 5.50% $10,347
    Citizens Bank 1 6.63% $15,912
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $13,634
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.99% $8,347
    CHURCHILL MORTGAGE CORPORATION 1 6.13% $23,089
    CALCON MUTUAL MORTGAGE LLC 1 7.75% $20,101
    RESIDENTIAL BANCORP 1 4.99% $12,159
    SIRVA MORTGAGE, INC. 1 6.63% $21,063
    Strong Home Mortgage, LLC 1 5.63% $11,439
    Sunflower Bank 1 4.88% $10,344
    BECKAM FUNDING CORP. 1 6.38% $24,105
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $3,722
    Barrington Bank & Trust Company, N.A. 1 7.25% $8,547
    TOP FLITE FINANCIAL, INC. 1 6.75% $19,857
    TOWNE MORTGAGE COMPANY 1 6.13% $20,306
    Bank of America 1 5.25% $5,182
    UNION HOME MORTGAGE CORP. 1 4.75% $10,509
    Arvest Bank 1 5.88% $14,020
    ARIZONA 1 5.63% $12,293
    US MORTGAGE CORPORATION 1 6.75% $11,029
    American Mortgage & Equity Consultants, Inc. 1 6.25% $13,802
    AMERICA FIRST 1 6.00% $6,317
    LAND HOME FINANCIAL SERVICES, INC. 1 7.13% $9,050
    INTERLINC MORTGAGE SERVICES, LLC 1 6.50% $3,157
    Keystone Funding, Inc. 1 6.25% $8,956
    INTERCAP LENDING INC. 1 6.00% $12,321
    Goldwater Bank, N.A. 1 6.63% $10,835
    Glacier Bank 1 5.63% $10,240
    NATIONS DIRECT MORTGAGE, LLC 1 5.99% $21,935
    Franklin Loan Corporation 1 6.75% $13,885
    Waterstone Mortgage Corporation 1 5.75% $13,158
    NEW DAY FINANCIAL, LLC 1 7.50% $3,508
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.38% $21,560
    NEXERA HOLDING LLC 1 6.25% $11,062
    NFM, INC. 1 6.63% $10,881
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.63% $17,150
    ENVOY MORTGAGE, LTD 1 5.38% $16,739

    The top Tucson FHA lender as defined by loan originations is NOVA FINANCIAL & INVESTMENT CORPORATION, with 343 FHA loans originated. Their average total fees are $8,026, which is $3,251 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

    The lowest fee Tucson FHA lenders (with over 10 loans originated) are ALTITUDE FINANCIAL CORPORATION ($7,099), HOMEAMERICAN MORTGAGE CORPORATION ($7,261), NOVA FINANCIAL & INVESTMENT CORPORATION ($8,026), PULTE MORTGAGE LLC ($8,059) and Nations Lending Corporation ($9,508).

    The lowest rate Tucson FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.49%), PULTE MORTGAGE LLC (4.75%), HOMEAMERICAN MORTGAGE CORPORATION (4.97%), DHI MORTGAGE COMPANY, LTD. (5.10%) and MATTAMY HOME FUNDING, LLC (5.35%).

    Tucson FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    TUCSON, AZ PIMA 2022 $420,680 $538,650 $651,050 $809,150
    TUCSON, AZ PIMA 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Tucson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $266,950 (7.0%) $381,596 (5.7%) 0.99 3,610
    2018-02-01 $274,246 (7.0%) $388,338 (4.1%) 1.00 3,499
    2018-03-01 $274,900 (4.1%) $388,216 (2.8%) 0.96 3,449
    2018-04-01 $279,925 (5.9%) $394,203 (4.8%) 0.95 3,276
    2018-05-01 $282,400 (8.7%) $397,709 (5.9%) 0.94 3,219
    2018-06-01 $278,000 (5.5%) $391,960 (4.2%) 0.93 3,121
    2018-07-01 $279,808 (8.5%) $385,922 (5.1%) 0.93 3,089
    2018-08-01 $279,948 (9.8%) $384,745 (6.1%) 0.94 3,044
    2018-09-01 $279,900 (9.2%) $384,625 (5.9%) 0.94 3,102
    2018-10-01 $277,450 (7.0%) $383,700 (4.3%) 0.94 3,358
    2018-11-01 $279,313 (6.7%) $382,574 (1.7%) 0.95 3,480
    2018-12-01 $278,000 (6.9%) $388,460 (2.8%) 0.96 3,440
    2019-01-01 $279,500 (4.7%) $394,391 (3.4%) 0.97 3,367
    2019-02-01 $285,750 (4.2%) $403,772 (4.0%) 0.97 3,416
    2019-03-01 $293,857 (6.9%) $416,220 (7.2%) 0.96 3,288
    2019-04-01 $298,581 (6.7%) $421,878 (7.0%) 0.95 3,201
    2019-05-01 $298,641 (5.8%) $422,167 (6.2%) 0.93 3,040
    2019-06-01 $294,500 (5.9%) $413,490 (5.5%) 0.92 2,886
    2019-07-01 $287,995 (2.9%) $406,364 (5.3%) 0.90 2,793
    2019-08-01 $289,273 (3.3%) $412,402 (7.2%) 0.92 2,717
    2019-09-01 $289,682 (3.5%) $417,264 (8.5%) 0.93 2,739
    2019-10-01 $289,955 (4.5%) $419,182 (9.3%) 0.94 2,783
    2019-11-01 $286,989 (2.8%) $415,873 (8.7%) 0.94 2,814
    2019-12-01 $285,500 (2.7%) $413,647 (6.5%) 0.95 2,672
    2020-01-01 $287,500 (2.9%) $414,853 (5.2%) 0.96 2,501
    2020-02-01 $297,830 (4.2%) $429,226 (6.3%) 0.97 2,448
    2020-03-01 $299,675 (2.0%) $431,529 (3.7%) 0.94 2,404
    2020-04-01 $296,963 (-0.5%) $413,561 (-2.0%) 0.93 2,642
    2020-05-01 $300,000 (0.5%) $425,640 (0.8%) 0.91 2,336
    2020-06-01 $321,950 (9.3%) $456,526 (10.4%) 0.95 1,772
    2020-07-01 $325,000 (12.9%) $453,254 (11.5%) 0.94 1,549
    2020-08-01 $323,270 (11.8%) $459,454 (11.4%) 0.93 1,521
    2020-09-01 $316,332 (9.2%) $465,601 (11.6%) 0.91 1,532
    2020-10-01 $310,000 (6.9%) $459,550 (9.6%) 0.89 1,641
    2020-11-01 $313,439 (9.2%) $470,630 (13.2%) 0.92 1,553
    2020-12-01 $315,000 (10.3%) $472,568 (14.2%) 0.94 1,367
    2021-01-01 $320,000 (11.3%) $494,616 (19.2%) 0.96 1,169
    2021-02-01 $325,000 (9.1%) $515,239 (20.0%) 0.95 939
    2021-03-01 $335,000 (11.8%) $527,242 (22.2%) 0.95 878
    2021-04-01 $342,000 (15.2%) $528,171 (27.7%) 0.93 893
    2021-05-01 $344,000 (14.7%) $520,864 (22.4%) 0.91 933
    2021-06-01 $350,000 (8.7%) $521,079 (14.1%) 0.92 992
    2021-07-01 $350,000 (7.7%) $489,786 (8.1%) 0.92 1,180
    2021-08-01 $359,950 (11.4%) $483,633 (5.3%) 0.96 1,327
    2021-09-01 $359,950 (13.8%) $484,303 (4.0%) 0.96 1,496
    2021-10-01 $359,000 (15.8%) $479,379 (4.3%) 0.96 1,696
    2021-11-01 $359,950 (14.8%) $483,398 (2.7%) 0.96 1,673
    2021-12-01 $361,950 (14.9%) $480,526 (1.7%) 0.98 1,520
    2022-01-01 $364,995 (14.1%) $501,091 (1.3%) 0.99 1,361
    2022-02-01 $375,505 (15.5%) $538,390 (4.5%) 0.98 1,082
    2022-03-01 $388,494 (16.0%) $562,127 (6.6%) 0.97 997
    2022-04-01 $399,500 (16.8%) $566,437 (7.2%) 0.95 1,028
    2022-05-01 $407,000 (18.3%) $580,717 (11.5%) 0.93 1,202
    2022-06-01 $409,950 (17.1%) $567,716 (9.0%) 0.91 1,511
    2022-07-01 $399,990 (14.3%) $540,951 (10.5%) 0.90 1,944
    2022-08-01 $391,199 (8.7%) $519,248 (7.4%) 0.90 2,162
    2022-09-01 $384,123 (6.7%) $507,255 (4.7%) 0.90 2,362
    2022-10-01 $379,000 (5.6%) $505,478 (5.4%) 0.89 2,637
    2022-11-01 $375,000 (4.2%) $510,324 (5.6%) 0.90 2,782
    2022-12-01 $375,000 (3.6%) $508,106 (5.7%) 0.93 2,596
    2023-01-01 $377,000 (3.3%) $524,574 (4.7%) 0.93 2,370
    2023-02-01 $389,000 (3.6%) $547,620 (1.7%) 0.94 2,121
    2023-03-01 $399,950 (3.0%) $565,451 (0.6%) 0.94 1,953
    2023-04-01 $403,675 (1.1%) $582,574 (2.9%) 0.94 1,692
    2023-05-01 $414,350 (1.8%) $595,129 (2.5%) 0.94 1,608
    2023-06-01 $414,997 (1.2%) $588,646 (3.7%) 0.93 1,609
    2023-07-01 $410,000 (2.5%) $583,215 (7.8%) 0.93 1,622
    2023-08-01 $406,025 (3.8%) $575,012 (10.7%) 0.93 1,630
    2023-09-01 $399,900 (4.1%) $570,632 (12.5%) 0.93 1,757
    2023-10-01 $399,000 (5.3%) $552,351 (9.3%) 0.94 2,083
    2023-11-01 $399,900 (6.6%) $555,334 (8.8%) 0.95 2,309
    2023-12-01 $398,900 (6.4%) $548,714 (8.0%) 0.97 2,347
    2024-01-01 $399,000 (5.8%) $556,034 (6.0%) 0.97 2,375
    2024-02-01 $400,000 (2.8%) $570,948 (4.3%) 0.96 2,399
    2024-03-01 $402,700 (0.7%) $568,129 (0.5%) 0.95 2,420
    2024-04-01 $409,299 (1.4%) $572,034 (-1.8%) 0.95 2,491
    2024-05-01 $402,423 (-2.9%) $573,274 (-3.7%) 0.92 2,632
    2024-06-01 $399,000 (-3.9%) $553,625 (-6.0%) 0.91 2,666
    2024-07-01 $395,000 (-3.7%) $534,184 (-8.4%) 0.90 2,751
    2024-08-01 $390,000 (-4.0%) $526,621 (-8.4%) 0.91 2,776
    2024-09-01 $390,000 (-2.5%) $533,285 (-6.5%) 0.92 3,070
    2024-10-01 $395,000 (-1.0%) $536,185 (-2.9%) 0.93 3,274
    2024-11-01 $390,000 (-2.5%) $538,364 (-3.1%) 0.94 3,526
    2024-12-01 $387,825 (-2.8%) $536,660 (-2.2%) 0.96 3,354
    2025-01-01 $391,255 (-1.9%) $543,906 (-2.2%) 0.98 3,445
    2025-02-01 $396,200 (-1.0%) $544,388 (-4.7%) 0.96 3,536
    2025-03-01 $399,000 (-0.9%) $546,330 (-3.8%) 0.00 3,649
    Tucson's median listing price for 2025-03-01 was $399,000, a difference of $-3,700 (-0.9%) versus the prior year and $2,800 versus the prior month.

    Tucson's median listing price comes in at 0% of the national average.

    Tucson's average listing price for 2025-03-01 was $546,330, a difference of $-21,799 (-3.8%) versus the prior year and $1,942 versus the prior month.

    For the 2025-03-01 period, Tucson had 3,649 MLS listings, a difference of 113 listings (3%) versus the prior month and 1,229 listings (51%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Tucson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 64 days 2,003 sqft
    2018-02-01 51 days 2,030 sqft
    2018-03-01 50 days 2,036 sqft
    2018-04-01 50 days 2,051 sqft
    2018-05-01 48 days 2,058 sqft
    2018-06-01 50 days 2,013 sqft
    2018-07-01 53 days 2,027 sqft
    2018-08-01 54 days 2,019 sqft
    2018-09-01 52 days 2,020 sqft
    2018-10-01 50 days 1,988 sqft
    2018-11-01 51 days 1,987 sqft
    2018-12-01 58 days 1,964 sqft
    2019-01-01 63 days 1,994 sqft
    2019-02-01 48 days 2,031 sqft
    2019-03-01 48 days 2,058 sqft
    2019-04-01 51 days 2,063 sqft
    2019-05-01 51 days 2,048 sqft
    2019-06-01 51 days 2,050 sqft
    2019-07-01 50 days 2,020 sqft
    2019-08-01 50 days 2,027 sqft
    2019-09-01 49 days 2,026 sqft
    2019-10-01 49 days 2,024 sqft
    2019-11-01 52 days 1,976 sqft
    2019-12-01 60 days 1,960 sqft
    2020-01-01 59 days 1,981 sqft
    2020-02-01 44 days 1,996 sqft
    2020-03-01 43 days 1,997 sqft
    2020-04-01 44 days 1,958 sqft
    2020-05-01 55 days 1,980 sqft
    2020-06-01 57 days 2,010 sqft
    2020-07-01 53 days 2,008 sqft
    2020-08-01 51 days 1,987 sqft
    2020-09-01 47 days 1,938 sqft
    2020-10-01 48 days 1,905 sqft
    2020-11-01 50 days 1,911 sqft
    2020-12-01 55 days 1,905 sqft
    2021-01-01 52 days 1,912 sqft
    2021-02-01 40 days 1,908 sqft
    2021-03-01 38 days 1,922 sqft
    2021-04-01 35 days 1,872 sqft
    2021-05-01 32 days 1,870 sqft
    2021-06-01 32 days 1,879 sqft
    2021-07-01 30 days 1,844 sqft
    2021-08-01 30 days 1,854 sqft
    2021-09-01 32 days 1,851 sqft
    2021-10-01 33 days 1,844 sqft
    2021-11-01 37 days 1,867 sqft
    2021-12-01 44 days 1,862 sqft
    2022-01-01 44 days 1,861 sqft
    2022-02-01 37 days 1,867 sqft
    2022-03-01 35 days 1,878 sqft
    2022-04-01 32 days 1,883 sqft
    2022-05-01 30 days 1,920 sqft
    2022-06-01 30 days 1,914 sqft
    2022-07-01 32 days 1,873 sqft
    2022-08-01 37 days 1,838 sqft
    2022-09-01 41 days 1,816 sqft
    2022-10-01 44 days 1,812 sqft
    2022-11-01 50 days 1,813 sqft
    2022-12-01 60 days 1,812 sqft
    2023-01-01 61 days 1,822 sqft
    2023-02-01 52 days 1,836 sqft
    2023-03-01 47 days 1,860 sqft
    2023-04-01 47 days 1,904 sqft
    2023-05-01 43 days 1,924 sqft
    2023-06-01 43 days 1,959 sqft
    2023-07-01 43 days 1,944 sqft
    2023-08-01 41 days 1,918 sqft
    2023-09-01 41 days 1,904 sqft
    2023-10-01 39 days 1,868 sqft
    2023-11-01 43 days 1,862 sqft
    2023-12-01 51 days 1,852 sqft
    2024-01-01 54 days 1,847 sqft
    2024-02-01 44 days 1,852 sqft
    2024-03-01 44 days 1,849 sqft
    2024-04-01 45 days 1,852 sqft
    2024-05-01 42 days 1,847 sqft
    2024-06-01 45 days 1,839 sqft
    2024-07-01 49 days 1,816 sqft
    2024-08-01 51 days 1,812 sqft
    2024-09-01 52 days 1,812 sqft
    2024-10-01 51 days 1,812 sqft
    2024-11-01 56 days 1,804 sqft
    2024-12-01 63 days 1,781 sqft
    2025-01-01 64 days 1,778 sqft
    2025-02-01 52 days 1,802 sqft
    2025-03-01 0 days 1,817 sqft
    Tucson's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Tucson's median square footage for active listings during the 2025-03-01 period was 1,817 sqft. One year prior, the average listing was 1,849 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).