City-owned Homes And Land in Simi Valley, CA

Current Market Conditions in Simi Valley, CA

The current real estate market in Simi Valley is characterized by a competitive environment with home prices steadily increasing. Buyers are attracted to the area due to its high-quality schools, public parks, and overall sense of community.

In recent months, Simi Valley has experienced a slight increase in housing inventory, but demand continues to outpace supply. This trend is pushing prices higher, with many homes selling above the asking price, especially those in desirable neighborhoods.

Rent Prices In Simi Valley, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Simi Valley, CA, is on a rollercoaster ride. The average rent price in Simi Valley, CA, is $2,842.00. Indeed, when looking to rent in Simi Valley, CA, you can expect to pay as little as $1,180.00 or as much as $8,320.00, with the average rent median estimated to be $2,730.00. The good news is that finding an affordable and desirable property to rent in Simi Valley, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.