Moorpark, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Moorpark Neighborhoods Since 2000




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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Moorpark Housing Market Information

With 36,104 people, 10,687 houses or apartments, and a median cost of homes of $684,884, 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 72.59% of the city's housing units. Other types of housing that are prevalent in Moorpark include row houses and other attached homes ( 10.53%), large apartment complexes or high rise apartments ( 10.33%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.73%).

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 73.96% of Moorpark's homes, and 69.80% 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 ( 17.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.41%).

Moorpark Home Appreciation Rates

Real estate appreciation rates in Moorpark's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.37% during the period.

Appreciation rates are so strong in Moorpark that despite a nationwide downturn in the housing market, Moorpark real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Moorpark appreciation rates continue to be some of the highest in America, at 7.53%, which is higher than appreciation rates in 84.25% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Moorpark. Moorpark appreciation rates in the latest quarter were at 1.13%, which equates to an annual appreciation rate of 4.58%.

Relative to California, our data show that Moorpark's latest annual appreciation rate is lower than 50% 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:
$684,884

Moorpark, CA HOME PRICES

Value Range
> $1,268,000 5.1
$951,001 - $1,268,000 9.2
$634,001 - $951,000 37.3
$507,001 - $634,000 18.8
$381,001 - $507,000 16.8
$254,001 - $381,000 5.9
$127,001 - $254,000 4.0
$63,001 - $127,000 1.5
$0 - $63,000 1.3

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.80675026368217 24.6031746031746

Number Of Homes And Apartments:
10,687

Moorpark Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
99.92% 4.10% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,787 / per month

Homeownership Rate

Homeownership
Owners 73.96
Renters 26.04
Vacant 3.56

Housing Market Details

 

Age of Homes

AGE OF Moorpark HOMES
2000 or Newer 17.6
1970 - 1999 73.1
1940 - 1969 8.4
1939 or Older 0.9

Types of Homes

TYPE OF Moorpark HOMES
Single-Family 72.6
Townhomes 10.5
Small Apt. Buildings 3.7
Apt. Complexes 10.3
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Moorpark HOMES
No Bedroom 0.74
1 Bedroom 2.94
2 Bedrooms 14.88
3 Bedrooms 37.14
4 Bedrooms 32.66
5 or more bedrooms 11.63