Old Town Scottsdale in Scottsdale, Arizona
The beating heart of Scottsdale where galleries, nightlife, and restaurants fill walkable blocks from the waterfront to 5th Avenue.
Old Town Scottsdale is a neighborhood in Scottsdale, Arizona with a median home price of $550K and a walk score of 78. Old Town Scottsdale is Arizona's most walkable, most entertaining, and most dynamic urban neighborhood.
The Definitive Guide to Old Town Scottsdale
Old Town Scottsdale is Arizona's most walkable, most entertaining, and most dynamic urban neighborhood. From the Thursday night ArtWalk along the gallery district to the weekend energy of the Entertainment District to the high-end shopping at Scottsdale Fashion Square and Scottsdale Waterfront, Old Town packs an enormous amount of life into a compact area. Fifth Avenue shops cater to tourists and locals alike, and the restaurant scene stretches from upscale steakhouses to late-night taco spots. Housing is mostly condos, townhomes, and modern high-rises, with adaptive reuse projects converting older buildings into stylish lofts. The Scottsdale trolley and walkable grid make a car optional for daily errands. This is where Scottsdale's personality shines brightest.
The residential character of Old Town Scottsdale is defined by its condo, townhome, high-rise, adaptive reuse inventory. With a current median of $550K, the neighborhood sits above the Scottsdale average and attracts buyers who prioritize location, school quality, and community amenities. Homes typically range from 1,800 to 3,200 square feet, with many featuring upgraded kitchens, covered patios, and community pool access. The walk score of 78 reflects the genuinely walkable nature of the area, with shops, restaurants, and services within a comfortable stroll.
Families in Old Town Scottsdale are served by nearby schools including Saguaro High School, Navajo Elementary, Tonalea K-8. School assignment boundaries should be verified directly with the district, as they can shift with enrollment changes, but the overall educational infrastructure in this area is considered strong, with schools that regularly perform above state averages. Parents frequently cite the quality of the local schools as a primary reason for choosing Old Town Scottsdale over competing neighborhoods in the area.
Old Town Scottsdale tends to attract established families, dual-income professionals, and relocating buyers from higher-cost markets who recognize the value proposition. The buyer profile skews toward those who have done their homework on school quality, commute times, and resale potential before making their move. What seals the deal for most buyers is the proximity to Scottsdale ArtWalk and 5th Avenue shops, which add daily-life value that is difficult to replicate elsewhere.
Real Estate Market in Old Town Scottsdale
Old Town Scottsdale's $550K median represents a 27% below the broader Scottsdale market ($750K). At $250 per square foot versus Scottsdale's $288 average, Old Town Scottsdale offers meaningfully more house per dollar than the city average, which is why it draws buyers who prioritize space and value over prestige addresses. Homes are moving in 35 days, a pace that gives buyers room to think but not enough to be indecisive.
Frank Vazquez, whose Venture REI has closed transactions in Old Town Scottsdale and across Scottsdale's 10 neighborhoods, sees a pattern here that raw median numbers miss: Old Town Scottsdale consistently outperforms the city average in resale value because it has something most competing neighborhoods lack - a combination of school access, community amenities, and location that families will pay to secure. The homes that sell fastest here are not the cheapest or the most expensive; they are the well-maintained, move-in-ready properties in the $495K to $605K sweet spot.
Home Types in Old Town Scottsdale
Schools Near Old Town Scottsdale
- Saguaro High SchoolScottsdale Unified School District District
- Navajo Elementary
- Tonalea K-8
Zip Codes
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About This Guide
Venture REI tracks market conditions across every neighborhood and zip code in the Valley, including Old Town Scottsdale. This guide reflects that ongoing analysis, updated regularly with current ARMLS data.
Frank Vazquez at Venture REI is available for straightforward conversations about Old Town Scottsdale real estate.