Moorpark, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Moorpark, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Moorpark Housing Market Information

With a population of 36,481, 10,833 total housing units (homes and apartments), and a median house value of $734,994, real estate costs in Moorpark are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Moorpark, accounting for 73.36% of the city's housing units. Other types of housing that are prevalent in Moorpark include row houses and other attached homes ( 11.13%), large apartment complexes or high rise apartments ( 10.74%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moorpark. Owner-occupied housing accounts for 73.43% of Moorpark's homes, and 68.78% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Moorpark built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Moorpark built between 2000 and later ( 17.93%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.86%).

Moorpark Home Appreciation Rates

In the last 10 years, Moorpark has experienced some of the highest home appreciation rates of any community in the nation. Moorpark real estate appreciated 32.22% over the last ten years, which is an average annual home appreciation rate of 2.83%, putting Moorpark in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Moorpark definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Moorpark's appreciation rate, at 6.11%, has been at or slightly above the national average. In the latest quarter, Moorpark's appreciation rate has been 1.77%, which annualizes to a rate of 7.26%.

Relative to California, our data show that Moorpark's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Moorpark differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moorpark - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Moorpark real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$734,994

Moorpark, CA HOME PRICES

Value Range
> $1,293,000 5.7
$970,001 - $1,293,000 11.4
$647,001 - $970,000 37.8
$517,001 - $647,000 19.9
$388,001 - $517,000 14.3
$259,001 - $388,000 5.0
$129,001 - $259,000 3.1
$65,001 - $129,000 1.3
$0 - $65,000 1.5

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.9956204379562 25.9501965923984

Number Of Homes And Apartments:
10,833

Moorpark Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
117.89% 4.24%
6
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,661 / per month

Homeownership Rate

Homeownership
Owners 73.43
Renters 26.57
Vacant 3.73

Housing Market Details

 

Age of Homes

AGE OF Moorpark HOMES
2000 or Newer 17.9
1970 - 1999 72.3
1940 - 1969 8.9
1939 or Older 0.9

Types of Homes

TYPE OF Moorpark HOMES
Single-Family 73.4
Townhomes 11.1
Small Apt. Buildings 2.9
Apt. Complexes 10.7
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Moorpark HOMES
No Bedroom 0.75
1 Bedroom 3.04
2 Bedrooms 14.85
3 Bedrooms 36.31
4 Bedrooms 32.47
5 or more bedrooms 12.58