Median real estate price in the Town Center of Oro Valley is $346,580, which is more expensive than 78.7% of the neighborhoods in Arizona and 77.0% of the neighborhoods in the U.S.
The average rental price in Oro Valley Town Center is currently $1,333, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.7% of the neighborhoods in Arizona.
Oro Valley Town Center is a suburban neighborhood (based on population density) located in Oro Valley, Arizona.
Real estate in the Town Center of Oro Valley, AZ is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Oro Valley Town Center has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.