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Rancho Simi is a sought-after neighborhood in Simi Valley, OH. Browse available listings to find your perfect home in this neighborhood.
Simi Valley Market Report
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.
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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