Housing Insights for ZIP Code 85716 (Tucson, AZ)

Housing Summary for ZIP Code 85716

Homeowners

The median home value in ZIP Code 85716 (Tucson, AZ) is $195,300. Approximately 41.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.9%.

The average occupancy of owner-occupied units in ZIP Code 85716 is 2.09 occupants, while owner-occupied units have an aggregate average size of 2.05 bedrooms per housing unit.

Renters

In the 85716 ZIP Code, an estimated 58.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.7%.

Among renter-occupied units in this ZIP, the average occupancy is 1.91 occupants, while renters in this Pima County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 85716

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 85716.

ZIP 85716 Arizona U.S.
Median Home Value $195,300 $440,228 $356,002
Owner-Occupied Housing Units 41.4% 64.4% 64.0%
Homeowner Vacancy Rate 1.9% 1.9% 1.6%
Average Size of Owner-Occupied Unit 2.09 2.70 2.70
Average # of Bedrooms Per Unit 2.05 2.74 2.75
Median Housing Rent $0 $1,052 $1,062
Renter-Occupied Housing Units 58.6% 35.6% 36.0%
Rental Vacancy Rate 7.7% 6.2% 6.0%
Average Size of Renter-Occupied Unit 1.91 2.65 2.49
Percent of Income Spent on Rent 0% 29.54% 29.83%

Home Values in ZIP Code 85716 (Tucson, AZ)

The median home value in ZIP Code 85716 is $195,300. That median value is about 13% lower than the median home value of $225,500 in Arizona overall, and is 10% lower than the $217,500 the median home value in the entire U.S. An estimated 25.4% of homes in ZIP Code 85716 are valued $200,000 to $299,999. That is 0% lower than in the state of Arizona, in which 25.5% of homes are valued at $200,000 to $299,999, and is about 30% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 85716 homes fall into is $1,000,000 or more (0.6% of homes).

Home Values in ZIP Code 85716

This chart visualizes the breakdown of home values in ZIP Code 85716, Arizona, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 85716 vs. home values in both the state of Arizona and in the U.S. overall.

Home Values in ZIP Code 85716

See the table below for a regional comparison of home values in ZIP Code 85716.

Home Value ZIP 85716 Arizona U.S.
Less than $50,000 4.6% 7.6% 6.9%
$50,000 to $99,999 8.5% 8.1% 12.0%
$100,000 to $149,999 19.9% 11.3% 13.3%
$150,000 to $199,999 18.3% 15.8% 14.0%
$200,000 to $299,999 25.4% 25.5% 19.6%
$300,000 to $499,999 16.5% 21.6% 19.3%
$500,000 to $999,999 6.1% 8.3% 11.4%
$1,000,000 or more 0.6% 1.8% 3.4%

Home Ages in ZIP Code 85716 (Tucson, AZ)

Approximately 26.5% of homes in this Tucson, AZ region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 85716 is about 391% higher than percentage of homes built in this time period in Arizona overall (5.4% of homes), and is 157% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 17.9% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.3% of homes in this Pima County ZIP Code were built in 2014 or later in ZIP Code 85716. In comparison, 2.9% of homes in Arizona overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 85716

A detailed regional comparison of home ages in ZIP Code 85716.

Year Built ZIP 85716 Arizona U.S.
2014 or later 0.3% 2.9% 2.5%
2010 to 2013 1.0% 2.9% 2.7%
2000 to 2009 4.9% 24.0% 14.0%
1990 to 1999 8.7% 20.1% 13.9%
1980 to 1989 11.2% 17.7% 13.4%
1970 to 1979 17.9% 16.7% 15.2%
1960 to 1969 11.7% 7.4% 10.6%
1950 to 1959 26.5% 5.4% 10.3%
1940 to 1949 12.5% 1.4% 4.9%
1939 or earlier 5.4% 1.5% 12.6%

Age of Homes in ZIP Code 85716

See the chart below for details on the age of homes in ZIP Code 85716, Arizona, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 85716

Frequently asked questions about housing in this Tucson, AZ ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 85716.

1

What is the average home value ZIP Code 85716?

The median home value in ZIP Code 85716 (Tucson, AZ) is $195,300.
2

Are homes expensive in ZIP Code 85716?

The median home value in 85716 ($195,300) is an estimated 13% lower than the aggregate median value of $225,500 in Arizona, and is 10% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 85716?

The vacacy rate for owner-occupied housing in ZIP Code 85716 is 1.9%. This rate is 0% lower than the overall Arizona owner-occupied vacancy rate of 1.9%. Additionally, the 85716 vacancy rate is 19% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 85716 have older homes or newer construction?

In ZIP Code 85716, about 26.5% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 17.9% of homes in the region were built in 1970 to 1979. In contrast, 0.3% of homes in 85716 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 85716? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 85716 than owner-occupied housing. Renter-occupied units make up 58.6% of housing, compared to 41.4% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 85716?

The vacacy rate for rental units in ZIP Code 85716 is 7.7%. This rate is 24% higher than the overall Arizona vacancy rate of 6.2%. Additionally, the 85716 vacancy rate is 28% higher than the entire U.S. vacancy rate of 6.0%.