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Oro Valley Housing Information

IndexOro ValleyArizonaNational
Median home price$281,700$176,900$184,700
Median rent asked$1,068$937$949
Avg. people per household2.32.72.6
Owner occupied households74.6%62.6%63.6%
Renter occupied households25.4%37.4%36.4%
A general overview of the Oro Valley, AZ real estate market is displayed above. The median home price for homes in Oro Valley, AZ is $281,700, which is 59% higher than the Arizona average. This means that real estate in the Oro Valley, AZ area is generally less affordable than the rest of Arizona. The median rent price in Oro Valley, AZ is $1,068 which is 14% higher than the Arizona average. In Oro Valley, AZ, 74.6% of people are home owners and an average of 2.3 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Oro Valley, AZ. We make it easy to find Oro Valley, AZ real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Oro Valley Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Oro Valley, AZ. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Oro Valley, AZ is $281,700 and the median household income is $75,966. This results in a home price to income ratio of 3.7x, which is 8% higher than the Arizona average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Oro Valley, AZ are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Oro Valley, AZ.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Summerhaven, AZ167$0100%
Rillito, AZ53$0100%
Flowing Wells, AZ15,601$60,90067%
South Tucson, AZ5,627$74,10060%
Tucson Estates, AZ11,747$104,00044%
Oro Valley, AZ42,379$281,70053%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Danville, VA42,360$90,80051%
Rancho Palos Verdes, CA42,412$1,003,300443%
Burke, VA42,290$497,900170%
Bentonville, AR42,499$184,8000%
Burlington, VT42,556$264,30043%
Oro Valley, AZ42,379$281,70053%

Source: The Oro Valley, AZ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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