Ojai, CA


Highest Appreciating Ojai Neighborhoods Since 2000

Ojai, 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

Ojai Housing Market Information

With a population of 7,627, 2,926 total housing units (homes and apartments), and a median house value of $962,764, Ojai house prices are not only among the most expensive in California, Ojai real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Ojai, accounting for 59.52% of the city's housing units. Other types of housing that are prevalent in Ojai include large apartment complexes or high rise apartments ( 16.17%), row houses and other attached homes ( 14.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.03%).

People in Ojai primarily live in small (one, two or no bedroom) single-family detached homes. Ojai has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ojai's housing was primarily built during this period, from the '40s through the '60s. A full 50.61% of the city's housing hails from this era. Other housing ages represented in Ojai include homes built between 1970-1999 ( 35.58%) and housing constructed before 1939 ( 11.51%). There's also some housing in Ojai built between 2000 and later ( 2.30%).

Ojai Home Appreciation Rates

Appreciation rates for homes in Ojai have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.59%, which ranks in the top 50% nationwide. This equates to an annual average Ojai house appreciation rate of 0.16%.

Appreciation rates are so strong in Ojai that despite a nationwide downturn in the housing market, Ojai real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ojai appreciation rates continue to be some of the highest in America, at 6.40%, which is higher than appreciation rates in 77.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ojai. Ojai 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 Ojai's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

Average Home Values


Median Home Value:


Value Range
> $1,275,000 24.8
$956,001 - $1,275,000 17.2
$637,001 - $956,000 29.6
$510,001 - $637,000 11.2
$382,001 - $510,000 8.9
$255,001 - $382,000 3.0
$128,001 - $255,000 2.3
$64,001 - $128,000 0.6
$0 - $64,000 2.5

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.16606117426462 12.4338624338624

Number Of Homes And Apartments:

Ojai Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
109.70% 4.39% 8 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,781 / per month

Homeownership Rate

Owners 52.10
Renters 47.90
Vacant 7.96

Housing Market Details


Age of Homes

2000 or Newer 2.3
1970 - 1999 35.6
1940 - 1969 50.6
1939 or Older 11.5

Types of Homes

Single-Family 59.5
Townhomes 14.1
Small Apt. Buildings 9.0
Apt. Complexes 16.2
Mobile Homes 0.1
Other 1.0

Home Size

No Bedroom 4.88
1 Bedroom 16.29
2 Bedrooms 28.97
3 Bedrooms 30.54
4 Bedrooms 16.42
5 or more bedrooms 2.89