Simi Valley, CA—93065
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Simi Valley, CA
Home Price Trends — Simi Valley, CA
As of Oct '25, the median home price in Simi Valley, CA is $839,000, with a year-over-year change of -2.5%. This indicates that home prices in Simi Valley, CA are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $839,000 | -2.5% |
| Single Family | $859,000 | -2.8% |
| Condos | $591,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $414,000 | -3.7% |
2 Bed | $580,000 | -3.5% |
3 Bed | $777,000 | -2.8% |
4 Bed | $884,000 | -2.9% |
| 5 Bed | $1,165,000 | -1.6% |
% of Housing Stock
Rental Trends — Simi Valley, CA
As of July '25, Rentcast reports the average rent in Simi Valley, CA is $3,460, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Simi Valley, CA is studios: $1,850, 1-bedrooms: $2,380, 2-bedrooms: $3,020, 3-bedrooms: $3,900, 4-bedrooms: $4,760. The most common rental property sizes in Simi Valley, CA are 2-bedroom and 1-bedroom, accounting for 31.0% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,050 | $3,460 |
| Studio Rent | $1,600 | $1,850 |
| 1 Bed Rent | $2,450 | $2,380 |
| 2 Bed Rent | $3,010 | $3,020 |
| 3 Bed Rent | $3,800 | $3,900 |
| 4 Bed Rent | $4,250 | $4,760 |
% of Rental Stock
Property Listings — Simi Valley, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Simi Valley, CA is 45. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $869,000 | -4.0% |
Listing Count | 215 | 54.0% |
| Listings as % of Homes | 0.4% | 54.0% |
Days on Market | 45 | 20.0% |
Demographics — Simi Valley, CA
As of the latest ACS Survey released in 2023, Simi Valley, CA has a population of 72,600, which has remained stable by 0.7% over the past 5 years. Simi Valley, CA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 38.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 72,600 | 0.7% |
% Under 18 | 20.8% | -6.7% |
% Seniors | 16.5% | 20.4% |
% WFH | 18.0% | 172.7% |
% w/ College Degree | 38.4% | 7.9% |
As of the latest ACS Survey released in 2023, Simi Valley, CA is a predominantly white area, with 56.9% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Simi Valley, CA is hispanic, making up 28.3% of the population. Foreign-born residents account for 17.7% of the population in Simi Valley, CA, and this percentage has decreased by 6.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.9% | -4.2% |
% Black | 1.0% | -28.6% |
% Hispanic | 28.3% | 6.4% |
% Asian | 9.5% | -6.9% |
% Foreign Born | 17.7% | -6.3% |
Mortgage and Risk — Simi Valley, CA
According to HUD data as of 2023, there were 1020 mortgage originations in Simi Valley, CA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Simi Valley, CA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,020 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Simi Valley, CA
As of 2024, the percent of homes in Simi Valley, CA under the Section 8 program is 5.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Simi Valley, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 525 |
Total Units Section 8 | 437 |
% Rentals under Section 8 | 5.2% |
% Occupied Section 8 | 91.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $2,450 | $2,590 |
| 2 Bedroom | $90 | $3,010 | $3,100 |
| 3 Bedroom | $430 | $3,800 | $4,230 |
| 4 Bedroom | $670 | $4,250 | $4,920 |
Affordability — Simi Valley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $839,000 |
| Median Household Income | $114,000 |