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Real Estate Prices & Overview

Valencia median real estate price is $396,260, which is more expensive than 43.0% of the neighborhoods in Arizona and 53.8% of the neighborhoods in the U.S.

The average rental price in Valencia is currently $1,865, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.4% of Arizona neighborhoods.

Valencia is a suburban neighborhood (based on population density) located in Buckeye, Arizona.

Valencia real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Valencia neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Valencia are 3.7%, which is lower than one will find in 75.8% of American neighborhoods. Demand for real estate in Valencia is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Valencia neighborhood's real estate landscape than 96.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 74.8% of the residential real estate here is classified as newer.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Valencia neighborhood in Buckeye are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.8% of the neighborhoods in America. With 21.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Valencia neighborhood, 29.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.8%), and 21.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Valencia neighborhood is English, spoken by 72.2% of households. Some people also speak Spanish (25.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Valencia neighborhood in Buckeye, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (36.2%). There are also a number of people of German ancestry (7.2%), and residents who report Spanish roots (4.7%), and some of the residents are also of Irish ancestry (4.3%), along with some English ancestry residents (3.3%), among others. In addition, 10.2% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Valencia neighborhood spend between 45 minutes and one hour commuting one-way to work (28.6% of working residents), longer and tougher than most commutes in America.

Here most residents (77.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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