Oro Valley, AZ—85737
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oro Valley, AZ
Home Price Trends — Oro Valley, AZ
As of Oct '25, the median home price in Oro Valley, AZ is $494,000, with a year-over-year change of -2.4%. This indicates that home prices in Oro Valley, AZ are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $494,000 | -2.4% |
| Single Family | $512,000 | -2.5% |
| Condos | $255,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $358,000 | -3.2% |
3 Bed | $467,000 | -2.7% |
4 Bed | $584,000 | -2.3% |
| 5 Bed | $659,000 | -2.1% |
% of Housing Stock
Rental Trends — Oro Valley, AZ
As of July '25, Rentcast reports the average rent in Oro Valley, AZ is $2,370, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Oro Valley, AZ is 1-bedrooms: $1,420, 2-bedrooms: $2,170, 3-bedrooms: $2,470, 4-bedrooms: $2,740. The most common rental property sizes in Oro Valley, AZ are 2-bedroom and 1-bedroom, accounting for 35.5% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,420 |
| 2 Bed Rent | $1,800 | $2,170 |
| 3 Bed Rent | $2,250 | $2,470 |
| 4 Bed Rent | $2,650 | $2,740 |
% of Rental Stock
Property Listings — Oro Valley, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Oro Valley, AZ is 59. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $492,000 | -12.0% |
Listing Count | 132 | 14.0% |
| Listings as % of Homes | 0.9% | 14.0% |
Days on Market | 59 | 16.0% |
Demographics — Oro Valley, AZ
As of the latest ACS Survey released in 2023, Oro Valley, AZ has a population of 23,000, which has increased by 5.3% over the past 5 years. Oro Valley, AZ is a moderately popular place for families, as children make up 18.2% of the population. The area has a highly educated workforce, with 54.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,000 | 5.3% |
% Under 18 | 18.2% | 3.4% |
% Seniors | 31.5% | 7.5% |
% WFH | 17.0% | 112.5% |
% w/ College Degree | 54.1% | 3.8% |
As of the latest ACS Survey released in 2023, Oro Valley, AZ is a predominantly white area, with 72.7% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Oro Valley, AZ is hispanic, making up 19.0% of the population. Foreign-born residents account for 11.3% of the population in Oro Valley, AZ, and this percentage has increased by 32.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.7% | -4.8% |
% Black | 1.3% | 0.0% |
% Hispanic | 19.0% | 29.3% |
% Asian | 3.2% | -15.8% |
% Foreign Born | 11.3% | 32.9% |
Mortgage and Risk — Oro Valley, AZ
According to HUD data as of 2023, there were 59 mortgage originations in Oro Valley, AZ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Oro Valley, AZ. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Oro Valley, AZ
As of 2024, the percent of homes in Oro Valley, AZ under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Oro Valley, AZ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,400 | $1,580 |
| 2 Bedroom | $260 | $1,800 | $2,060 |
| 3 Bedroom | $640 | $2,250 | $2,890 |
| 4 Bedroom | $700 | $2,650 | $3,350 |
Affordability — Oro Valley, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $494,000 |
| Median Household Income | $107,000 |