Ventura, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Ventura Neighborhoods Since 2000




Ventura, 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

Ventura Housing Market Information

With 109,708 people, 41,029 houses or apartments, and a median cost of homes of $514,123, real estate costs in Ventura 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 Ventura, accounting for 54.79% of the city's housing units. Other types of housing that are prevalent in Ventura include large apartment complexes or high rise apartments ( 20.95%), duplexes, homes converted to apartments or other small apartment buildings ( 9.99%), and a few row houses and other attached homes ( 9.08%).

The most prevalent building size and type in Ventura are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.69% owning and 47.31% renting.

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. Ventura's housing was primarily built during this period, from the '40s through the '60s. A full 42.96% of the city's housing hails from this era. Other housing ages represented in Ventura include homes built between 1970-1999 ( 41.09%) and housing constructed between 2000 and later ( 8.39%). There's also some housing in Ventura built before 1939 ( 7.56%).

Ventura Home Appreciation Rates

Real estate appreciation rates in Ventura's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.57% during the period.

Appreciation rates are so strong in Ventura that despite a nationwide downturn in the housing market, Ventura real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ventura appreciation rates continue to be some of the highest in America, at 6.58%, which is higher than appreciation rates in 78.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ventura. Ventura 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 Ventura's latest annual appreciation rate is lower than 70% 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 Ventura differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ventura - 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 Ventura real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$514,123

Ventura, CA HOME PRICES

Value Range
> $1,270,000 2.9
$953,001 - $1,270,000 6.5
$635,001 - $953,000 22.4
$508,001 - $635,000 21.7
$381,001 - $508,000 22.9
$254,001 - $381,000 11.7
$127,001 - $254,000 6.0
$64,001 - $127,000 2.1
$0 - $64,000 3.7

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
5.60764092347357 38.6243386243386

Number Of Homes And Apartments:
41,029

Ventura 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
100.52% 4.12% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,162 / per month

Homeownership Rate

Homeownership
Owners 52.69
Renters 47.31
Vacant 5.11

Housing Market Details

 

Age of Homes

AGE OF Ventura HOMES
2000 or Newer 8.4
1970 - 1999 41.1
1940 - 1969 43.0
1939 or Older 7.6

Types of Homes

TYPE OF Ventura HOMES
Single-Family 54.8
Townhomes 9.1
Small Apt. Buildings 10.0
Apt. Complexes 20.9
Mobile Homes 5.1
Other 0.1

Home Size

SIZE OF Ventura HOMES
No Bedroom 3.89
1 Bedroom 13.45
2 Bedrooms 29.82
3 Bedrooms 32.80
4 Bedrooms 16.45
5 or more bedrooms 3.60