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Housing Market Report · September 2026

Tanque Verde Housing Market Report

As of September 2, 2026, the median sale price in Tanque Verde over the last twelve months was $511,350 across 566 closed sales, at $246 per square foot and a median 62 days on market.

$511,350

Median Sold Price

$246

Median $/Sq Ft

62

Median Days on Market

98.6%

Sale-to-List

28%

Cash Buyers

3.2 to 3.5

Months of Supply by ZIP

Closed sales by month

Every complete calendar month in the window, with the number of residential sales that closed and the median sold price of those sales. A month with few sales has a median that moves with the mix of homes that happened to close, so read the count alongside the price.

MonthClosed salesMedian sold pricevs prior month
Oct 202543$492,000n/a
Nov 202546$502,500+2.1%
Dec 202549$475,000-5.5%
Jan 202635$462,500-2.6%
Feb 202643$525,000+13.5%
Mar 202658$552,500+5.2%
Apr 202648$530,000-4.1%
May 202649$550,000+3.8%
Jun 202660$553,500+0.6%
Jul 202645$489,000-11.7%
Aug 202646$525,000+7.4%

Where the sales closed

The 566 closed sales by sold price. The busiest band was $300k to $500k, with 228 sales (40% of the total).

  • Under $300K46 (8%)
  • $300K to $500K228 (40%)
  • $500K to $750K157 (28%)
  • $750K to $1M65 (11%)
  • $1M to $1.5M56 (10%)
  • $1.5M to $2M12 (2%)
  • $2M and up2 (0%)

Reading the report

What these numbers mean if you are buying or selling in Tanque Verde

Sale-to-list: 98.6%

The median Tanque Verde home closed at 98.6% of its final asking price. On a $500,000 listing that gap comes to about $6,950. For a seller it is the discount to expect once the price is right; a wider gap on your own home usually means the price is still being tested. For a buyer it is the reference point for an opening offer. It is measured against the final list price after any reductions, so it says nothing about how far a home was reduced before it sold.

Cash buyers: 28% of sales

28% of closed sales in Tanque Verdewere cash purchases, by the financing recorded on each sale. A cash buyer closes without an appraisal or a loan contingency, so a financed buyer competing for the same home competes on certainty as much as on price: a full underwritten pre-approval, a shorter inspection period and a plan for an appraisal shortfall all count. For a seller, a higher cash share means more offers that do not depend on a lender's appraisal.

Seller concessions: 48% of sales

48% of Tanque Verdesales recorded a seller concession, a credit from the seller at closing that usually goes toward the buyer's closing costs or an interest-rate buydown; where one was given, the median was $8,200. A concession lowers the seller's net the same way a price cut does, so sellers should read it together with the sale-to-list ratio above. Buyers can ask for one: fewer than half of the sellers here agreed to one, so it is a negotiation, not a given.

Contract to close: 30 days

The median Tanque Verde sale went from an accepted contract to a closed deal in 30 days. Days on market on this page runs from the listing date to the closing date, so the median 62 days already includes that escrow period. Buyers should plan the move, the rate lock and the inspections around 30 days; sellers should expect the proceeds about that long after accepting an offer, not on the day they accept it.

Asking prices and inventory

The other side of the market: what is listed

The figures above are what sold. These tables are what was for sale, month by month, in each ZIP code that makes up Tanque Verde: the median asking price of active listings, new and active inventory, and months of supply. They are shown per ZIP because a median cannot be combined across ZIP codes.

ZIP 85749: the last twelve months

In Aug 2026 the median asking price of active listings was $744,500, down 4.2% from Sep 2025, with 80 homes active and 27 newly listed — about 3.5 months of supply at the current pace of sales.

MonthMedian list priceNew listingsActiveMonths of supply
Sep 2025$776,95036985.0
Oct 2025$799,900381015.2
Nov 2025$799,950231065.3
Dec 2025$799,90021854.2
Jan 2026$799,90050934.4
Feb 2026$757,500331185.5
Mar 2026$798,500311125.0
Apr 2026$796,500331064.6
May 2026$799,450361104.8
Jun 2026$755,00027984.2
Jul 2026$794,45031883.7
Aug 2026$744,50027803.5

Source: MLS of Southern Arizona market statistics for ZIP 85749, residential listings. Medians are of asking prices on the first of each month. Months of supply is active inventory divided by the month's pace of sales.

Homes for sale in 85749

ZIP 85748: the last twelve months

In Aug 2026 the median asking price of active listings was $382,500, down 4.4% from Sep 2025, with 74 homes active and 21 newly listed — about 3.2 months of supply at the current pace of sales.

MonthMedian list priceNew listingsActiveMonths of supply
Sep 2025$399,90029783.3
Oct 2025$399,95034803.3
Nov 2025$389,50026883.6
Dec 2025$380,00017773.2
Jan 2026$365,00033712.9
Feb 2026$389,00032753.1
Mar 2026$387,25026823.4
Apr 2026$397,00035723.0
May 2026$400,00043863.7
Jun 2026$408,50028863.8
Jul 2026$399,00038934.0
Aug 2026$382,50021743.2

Source: MLS of Southern Arizona market statistics for ZIP 85748, residential listings. Medians are of asking prices on the first of each month. Months of supply is active inventory divided by the month's pace of sales.

Homes for sale in 85748

Tanque Verde market

Frequently Asked Questions

What is the median home price in Tanque Verde?

$511,350. That is the median of 566 closed residential sales in Tanque Verde reported to MLS of Southern Arizona (MLSSAZ) between September 2, 2025 and September 2, 2026, at a median $246 per square foot.

How long does it take to sell a home in Tanque Verde?

The median Tanque Verde sale took 62 days from listing to closing, of which a median 30 days ran from the accepted contract to the closing.

Do homes in Tanque Verde sell for asking price?

The median sale closed at 98.6% of its final list price. On a $500,000 asking price that comes to about $493,050. Seller concessions were recorded on 48% of sales, with a median of $8,200 where one was given.

How many Tanque Verde home buyers pay cash?

28% of closed sales in Tanque Verde over the last twelve months were cash purchases, by the buyer financing recorded on each sale in the MLS.

Methodology

Source: MLS of Southern Arizona (MLSSAZ). Window: September 2, 2025 to September 2, 2026 (12months) by close date, residential property class only; land and multi-family sales are excluded. Every median is computed per sale: price per square foot is the median of each sale's own ratio, not the median price divided by the median size, and sale-to-list is the median of each sale's close price divided by its final list price. Cash share is the share of sales whose buyer financing was recorded as cash, among sales where financing was recorded. Days on market is the listing date to the closing date. Contract to close runs from the day the listing left active status, which is when an offer was accepted, to the closing date. An area is published only when it had at least 20 closed sales in the window; this one had 566. Monthly figures cover complete calendar months only. Medians describe the area as a whole and not any individual home. As of September 2, 2026.

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What would your Tanque Verde home sell for?

A median describes the area. A valuation describes your home: its lot, its condition, and the sales on your street. We prepare one from the same MLS record, without obligation.