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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Port Hueneme, CA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Port Hueneme, CA Housing Market Trends

With 21,407 people, 6,984 houses or apartments, and a median cost of homes of $644,504, real estate costs in Port Hueneme 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 Port Hueneme, accounting for 34.36% of the city's housing units. Other types of housing that are prevalent in Port Hueneme include row houses and other attached homes ( 32.51%), large apartment complexes or high rise apartments ( 24.33%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.80%).

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

There is a lot of housing in Port Hueneme 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 Port Hueneme built between 1940-1969 ( 37.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.83%). There's also some housing in Port Hueneme built before 1939 ( 2.08%).

Vacant housing appears to be an issue in Port Hueneme. Fully 14.64% of the housing stock is classified as vacant. Left unchecked, vacant Port Hueneme homes and apartments can be a drag on the real estate market, holding Port Hueneme real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Port Hueneme Home Appreciation Rates

In the last 10 years, Port Hueneme has experienced some of the highest home appreciation rates of any community in the nation. Port Hueneme real estate appreciated 110.86% over the last ten years, which is an average annual home appreciation rate of 7.75%, putting Port Hueneme in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Port Hueneme definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Port Hueneme appreciation rates have trailed the rest of the nation. In the last twelve months, Port Hueneme's appreciation rate has been 3.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Port Hueneme were at 0.56%, which equates to an annual appreciation rate of 2.28%.

Relative to California, our data show that Port Hueneme's latest annual appreciation rate is higher than 80% 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 Port Hueneme differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Port Hueneme - 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 Port Hueneme real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$644,504

Port Hueneme, CA Home Prices
> $1,222,000
$916,001 - $1,222,000
$611,001 - $916,000
$489,001 - $611,000
$367,001 - $489,000
$244,001 - $367,000
$122,001 - $244,000
$61,001 - $122,000
$0 - $61,000
0.8%
0.8%
10.0%
10.0%
38.4%
38.4%
30.9%
30.9%
14.0%
14.0%
3.6%
3.6%
0.3%
0.3%
0.1%
0.1%
1.8%
1.8%
0% 100.0%
% of Homes
Average

for California

Very High

for nation

Number of Homes And Apartments:

6,984

Port Hueneme Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,855 / per month

Homeownership Rate

Owners
Renters
45.3%
45.3%
54.7%
54.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.6%
14.6%
85.4%
85.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.8%
7.8%
52.5%
52.5%
37.6%
37.6%
2.1%
2.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
34.4%
34.4%
32.5%
32.5%
8.8%
8.8%
24.3%
24.3%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
11.4%
11.4%
39.1%
39.1%
34.9%
34.9%
11.2%
11.2%
1.1%
1.1%
0% 100.0%
% of Homes

Zip Codes in Port Hueneme, CA