How much house can $300,000 buy in the Tucson area? It depends on neighborhood

This home at 14022 N. Buckingham Drive with two bedrooms and two full baths in Oro Valley is priced at $285,000. Photo courtesy Long Realty / Arizona Daily Star

 

Earlier this year, the median new-home price topped $300,000 for the first time in the Tucson market.

A lack of inventory has created a seller’s market, with multiple offers coming in for a single home, local real estate officials say.

How much house can one buy with a $300,000 budget?

Options vary from a 3,400-square-foot home to a 1,600-square-foot condo, depending on the neighborhood.

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