For Sale by Owner - Tucson
Tucson is the second largest city in Arizona and is growing at a rate of 10 percent per year. This means there is a vibrant market for homes for sale by owner in Tucson.
For Sale by Owner - Tucson
Tucson is located in southeastern Arizona, a little over 100 miles from metropolitan Phoenix. The name comes from the Spanish word for black base, which refers to the volcanic rock found in the mountains to the west of Tucson. The climate in Tucson is hot throughout spring, summer and fall with temperatures often above 100 degrees, but humidity is low. During the winter, temperatures cool off significantly, but rainfall is fleeting.
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Unlike the suburbia like atmosphere in Phoenix, Tucson offers a bit of flair to residents. Home to the University of Arizona, the city has an active liberal arts scene, nightlife and college sports atmosphere. The presence of the University means nearly a quarter of the population in Tucson is younger than 25.
Although the city is growing, homes for sale by owner in Tucson are very reasonably priced. A single-family home will set you back a very low $125,000 on average. That compares very nicely to the national average of $180,000. Despite this low average cost, studies reveal a solid appreciation rate of nearly 9.5 percent.
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Cheap and appreciating nicely? Homes for sale by owner in Tucson are clearly a good investment.
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