The housing market in 93023 Ojai, CA has seen a moderate appreciation rate of 4.19% over the past year, compared to the US House Appreciation rate of 8.27%. The median value of housing in Ojai is $974,500 which is significantly higher than the national median value of $338,100. Despite this, the area remains desirable due to its coastal location and access to amenities such as restaurants and shops. This may explain why there has been a slower appreciation rate compared to other cities in the US.
The median home cost in Ojai (zip 93023) is $974,500. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Ojai (zip 93023) is up 14.4%.
Average Age of Homes
- The median age of Ojai (zip 93023) real estate is 50 years old
The Rental Market in Ojai (zip 93023)
- Renters make up 30.5% of the Ojai (zip 93023) population
- 3.0% of houses and apartments in Ojai (zip 93023), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.