Simi Valley, CA is an affluent area located in the state of California. The median house value in Simi Valley is $719,100, which is significantly higher than the US median house value of $338,100. House values in Simi Valley have appreciated by 4.19% over the past year, which is lower than the overall US 1-year appreciation rate of 8.27%. Therefore, given its high median housing value and slower pace of market appreciation, Simi Valley remains an attractive option for prospective homebuyers looking for a place to settle down.
The median home cost in Simi Valley (zip 93063) is $719,100. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Simi Valley (zip 93063) is up 14.4%.
Average Age of Homes
- The median age of Simi Valley (zip 93063) real estate is 40 years old
The Rental Market in Simi Valley (zip 93063)
- Renters make up 27.1% of the Simi Valley (zip 93063) population
- 0.6% of houses and apartments in Simi Valley (zip 93063), 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.