266 homes in Simi Valley
Simi Valley is home to the Ronald Reagan Presidential Library. Features affordable housing compared to LA, family-friendly atmosphere, and mountain surroundings.
Today, Simi Valley has 266 homes for sale at a median price of $799,000, typically selling in about 54 days. Families here choose from 8 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Home Price
$1.23M
↑ 59.1% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
3.5 months of supply
Balanced Market266 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~54 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Simi Valley
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
73%
Homeowners
27%
Renters
Homeownership is 17.5% higher than the California average (55.5%)
44,355 households (2023)
Affordability Snapshot
Typical home cost
$5,418/mo
Actual housing expense
Affordable budget (28%)
$2,746/mo
Based on median income
Median household income
$9,809/mo
Simi Valley
A typical home costs about 55% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$232K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $329K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$639K)
Price Reductions
114 listings have reduced their price
43% of active listings
Average reduction: 4.7% (~$38K)
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