Nuevo Ventura Olivewood’s median real estate price is $955,765, which is more expensive than 96.5% of the neighborhoods in Arizona and 93.3% of the U.S.
The average rental price in Nuevo Ventura Olivewood is $2,186, based on exclusive analysis. Rents here are currently lower in price than in 45.9% of Arizona neighborhoods.
Nuevo Ventura Olivewood is a suburban neighborhood (based on population density) located in Phoenix, Arizona.
Nuevo Ventura Olivewood real estate comprises medium-sized (three or four-bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. A mixture of owners and renters occupies the most residential real estate. Many of the Nuevo Ventura Olivewood neighborhood residences are older, well-established, and built between 1940 and 1969. Several homes were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.1% in Nuevo Ventura Olivewood. Analysis shows that this rate is lower than 55.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Astoundingly, the Nuevo Ventura Olivewood neighborhood has one of the highest concentrations of divorcees in any community, a higher concentration than found in 99.3% of U.S. neighborhoods. This may be because people living here divorce more often than others or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Phoenix neighborhood.
In addition, the Nuevo Ventura Olivewood neighborhood should be on your list if you are an executive or professional seeking an area affording an executive lifestyle or want to find where other executives live. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include several wealthy executives, managers, and professionals. The exclusive analysis places it as one of Arizona’s top 11.0% executive lifestyle neighborhoods.
In the Nuevo Ventura Olivewood neighborhood, 58.7% of the working population is employed in executive, management, and professional 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 23.9% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (11.0%) and 9.9% in manufacturing and laborer occupations. A1 Bed Bug Exterminator
In the Nuevo Ventura Olivewood neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as English (24.4%). There are also several people of Mexican ancestry (16.9%) and residents who report German roots (15.4%), and some of the residents are also of Irish ancestry (10.2%), along with some Scottish ancestry residents (7.2%), among others.
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