Simi Valley Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$492,400

  • 3.9% 1-year change
  • 2.6% 1-year forecast

The median home value in Simi Valley is $492,400. Simi Valley home values have gone up 3.9% over the past year and Zillow predicts they will rise 2.6% within the next year. The median rent price in Simi Valley is $2,500, which is lower than the Ventura Metro median of $2,650.

Foreclosures will be a factor impacting home values in the next several years. In Simi Valley 1.3 homes are foreclosed (per 10,000). This is lower than the Ventura Metro value of 1.7 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Simi Valley is 5.3%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Simi Valley homeowners underwater on their mortgage is 8.1%, which is lower than Ventura Metro at 8.6%.

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Relative ZHVI
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Simi Valley Market Overview

Data through Jul 31, 2015
  • $492,400 ZHVI
  • 2.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $502,500 Median sale price
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Simi Valley Market Health

Data through Jul 31, 2015
  • 8.3/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 8.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 Simi Valley
2 Ventura Metro
4 United States
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Nearby Cities

Name Median ZHVI
Hidden Hills $2,491,200
Bell Canyon $1,295,700
Calabasas $1,059,500
Name Median ZHVI
Westlake Village $852,800
Agoura Hills $793,800
Oak Park $687,500
Name Median ZHVI
Thousand Oaks $633,400
Moorpark $546,600
Fillmore $311,400

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $283 Median sale price / sq ft
  • No data Listings with price cut
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Simi Valley Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,499 Simi Valley
    $2,488 Ventura Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $2,500 Rent list price
  • $1.50 Rent list price / sq ft
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