The housing market in Oro Valley, AZ is a very desirable area to purchase a home. The median home value in Oro Valley is $468,600, which is significantly higher than the US median home value of $338,100. Over the last year, the house appreciation in Oro Valley has been 13.29%, significantly higher than the US 1 year appreciation of 8.27%. This trend indicates that investing in real estate here can be a profitable decision and it's no surprise that many people are choosing to purchase homes and settle here.
The median home cost in Oro Valley (zip 85755) is $468,600. Home appreciation the last 10 years has been 136.6%. Home Appreciation in Oro Valley (zip 85755) is up 21.2%.
Average Age of Homes
- The median age of Oro Valley (zip 85755) real estate is 19 years old
The Rental Market in Oro Valley (zip 85755)
- Renters make up 11.1% of the Oro Valley (zip 85755) population
- 0.9% of houses and apartments in Oro Valley (zip 85755), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.