Oro Valley, AZ


Highest Appreciating Oro Valley Neighborhoods Since 2000

Oro Valley, AZ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Oro Valley Housing Market Information

With 43,565 people, 17,700 houses or apartments, and a median cost of homes of $358,913, Oro Valley house prices are not only among the most expensive in Arizona, Oro Valley real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Oro Valley, accounting for 76.51% of the town's housing units. Other types of housing that are prevalent in Oro Valley include large apartment complexes or high rise apartments ( 12.99%), row houses and other attached homes ( 6.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.35%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oro Valley. Owner-occupied housing accounts for 75.73% of Oro Valley's homes, and 58.48% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oro Valley built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oro Valley built between 2000 and later ( 27.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.56%).

Vacant housing appears to be an issue in Oro Valley. Fully 13.32% of the housing stock is classified as vacant. Left unchecked, vacant Oro Valley homes and apartments can be a drag on the real estate market, holding Oro Valley real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Oro Valley Home Appreciation Rates

Homes have actually lost value in Oro Valley over the last then years, as home values have seen a decline of 22.15% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Oro Valley home appreciation rates at 0.60%, which equates to an annual appreciation rate of 2.42%.

NeighborhoodScout's data show that during the latest twelve months, Oro Valley's appreciation rate, at 4.49%, has been at or slightly above the national average. In the latest quarter, Oro Valley's appreciation rate has been 0.60%, which annualizes to a rate of 2.42%.

Relative to Arizona, our data show that Oro Valley's latest annual appreciation rate is lower than 80% of the other cities and towns in Arizona.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Oro Valley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oro Valley - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oro Valley real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,174,000 1.8
$881,001 - $1,174,000 4.0
$587,001 - $881,000 7.7
$470,001 - $587,000 8.0
$352,001 - $470,000 20.7
$235,001 - $352,000 36.5
$117,001 - $235,000 16.9
$59,001 - $117,000 1.5
$0 - $59,000 2.8

Very High for AZ
Very High for Nation

Value Relative to Nation Value Relative to State
11.560998476503 7.43243243243243

Number Of Homes And Apartments:

Oro Valley Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
40.06% 1.97% 4 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,565 / per month

Homeownership Rate

Owners 75.73
Renters 24.27
Vacant 13.32

Housing Market Details


Age of Homes

2000 or Newer 27.8
1970 - 1999 68.5
1940 - 1969 3.6
1939 or Older 0.1

Types of Homes

Single-Family 76.5
Townhomes 6.8
Small Apt. Buildings 2.4
Apt. Complexes 13.0
Mobile Homes 1.3
Other 0.0

Home Size

No Bedroom 0.90
1 Bedroom 5.49
2 Bedrooms 29.99
3 Bedrooms 34.00
4 Bedrooms 24.48
5 or more bedrooms 5.14