The housing market in 93001 Ventura, CA is quite expensive, with a median value of $861,800. This is more than double the US median value of $338,100. Despite this high cost of housing, appreciation has been somewhat lagging compared to the rest of the country. In the past year, house appreciation in 93001 Ventura has been only 4.19%, as opposed to 8.27% nationwide. While this may be discouraging for prospective buyers in the area due to low returns on investment, it could be advantageous for current homeowners looking to hold onto their properties for longer periods of time without worrying about rapidly increasing prices.
The median home cost in Ventura (zip 93001) is $861,800. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Ventura (zip 93001) is up 14.4%.
Average Age of Homes
- The median age of Ventura (zip 93001) real estate is 54 years old
The Rental Market in Ventura (zip 93001)
- Renters make up 50.9% of the Ventura (zip 93001) population
- 3.6% of houses and apartments in Ventura (zip 93001), 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.