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Oro Valley, AZ Real Estate


According to census data in the year 2000 there were 14,004 housing units in Oro Valley. This represents a 291.6% growth from 3,576 in 1990.

Of those housing units, 13,170 were located in either urbanized areas or urban clusters, and 834 were located in what is classified as a rural area.

Homeownership rate in Oro Valley is about 84.1%. Oro Valley's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Oro Valley were built after 1993.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom5.40%
Two Bedrooms35%
Three Bedrooms35.80%
Four Bedrooms18.20%
Five Bedrooms or more5.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1993
Median Value of occupied units$177,400
Median Price asked for vacant units$165,800

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1993
Median Monthly Rent asked for vacant units$697

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.30%
Home Equity Loan7.40%
Simple Mortgage54.40%
Debt Free30.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%