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Simi Valley, CA Real Estate


According to census data in the year 2000 there were 37,330 housing units in Simi Valley. This represents a 12.7% growth from 33,111 in 1990.

Of those housing units, 36,942 were located in either urbanized areas or urban clusters, and 388 were located in what is classified as a rural area.

Homeownership rate in Simi Valley is about 77.6%. Simi Valley's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 3.04 people.

The majority of houses, apartments or condos in Simi Valley were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom8%
Two Bedrooms16.80%
Three Bedrooms32.30%
Four Bedrooms33.50%
Five Bedrooms or more8%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1974
Median Value of occupied units$239,900
Median Price asked for vacant units$388,300

Rented Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1979
Median Monthly Rent asked for vacant units$929

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage16.80%
Home Equity Loan8.60%
Simple Mortgage63.90%
Debt Free10.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.9%