FHA mortgage insurance premiums are set by HUD and are the same at every lender, so compare FHA lenders on rate, lender fees and points using their Loan Estimates.
Tucson, Arizona: 2026 Market Data
📊 LOCAL MARKET DATA
- Median household income (Tucson): $57,073
- Median owner-occupied home value (Census ACS 2020–2024 5-year): $266,200
- FHA share of mortgage originations (Pima County, HMDA 2025): 18.6%
- Conventional share of mortgage originations (Pima County, HMDA 2025): 67.3%
- Median real estate taxes paid by homeowners (Pima County, ACS 2024 5-year): $2,272 a year
Data from U.S. Census Bureau, HMDA
FHA Loans in Tucson: 2026 Market Snapshot
If you're considering an FHA loan in Tucson, the current market gives you a useful starting point. The median owner-occupied home value in Tucson is $266,200 (Census ACS 2020–2024 5-year). In 2025, 67.3% of Pima County mortgage originations were conventional loans, 18.6% were FHA and 14.0% were VA (CFPB/FFIEC HMDA). Still, it's worth understanding why most local borrowers go conventional before assuming FHA is automatically your best fit. Don't forget to factor in ongoing costs beyond your mortgage. Pima County homeowners paid a median $2,272 a year in real estate taxes (Census ACS 2024 5-year), about 0.71% of the county's $319,700 median owner-occupied home value in the same survey. As with any major financial decision, compare offers from several lenders, read the fine print on fees and mortgage insurance, and ask questions until the numbers make sense for your situation.
Average Loan Amount in Tucson and the Conforming Limit Question
The average (mean) loan amount in Pima County was $298,100 in 2025 (CFPB/FFIEC HMDA). That gap matters because it means the vast majority of Tucson borrowers don't need to worry about bumping against the ceiling that forces them into jumbo or conventional territory. The conforming and FHA limits are tied to local median home values, and since Tucson remains more affordable than markets like Scottsdale or Flagstaff, your typical financing here sits well within standard FHA guidelines. This is good news if you're stretching your budget, because you keep access to the lower down payment and more flexible credit requirements FHA offers. Where the limit question gets interesting is in higher-priced pockets like the Foothills or Dove Mountain, where a stronger home might push closer to that threshold. For most neighborhoods, though, you'll have room to spare and can focus on rate shopping rather than loan-type juggling.
