Market Overview
Home Prices in Simi Valley, CA
The median home value in Simi Valley, CA is $842,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Simi Valley are priced106% above average. Simi Valley is part of the Oxnard-Thousand Oaks-Ventura, CA metro area.
Over the past five years, Simi Valley home values have risen by approximately14.9%, reflecting steady appreciation in this market.
Price History
Simi Valley Home Price Trend
City Comparison
Simi Valley vs. National Median
At $842,921, homes in Simi Valley cost 106% above the national median of $410,000. Buyers in Simi Valley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Simi Valley?
20% Down Payment
$168,584
on $842,921
Monthly P&I
$4,396/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,583/mo
incl. taxes & insurance
Income Needed
$223,320
gross annual (30% rule)
10% Down Option
$84,292
+ PMI applies
Loan Amount (20% dn)
$674,337
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Simi Valley, CA?
The median home value in Simi Valley is $842,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Simi Valley?
Over the past year, home values in Simi Valley have decreased by 1.7%. Over five years, prices have risen approximately 14.9%.
How much do I need to earn to buy a home in Simi Valley?
To comfortably afford the median home price of $842,921 with a 20% down payment ($168,584) at today's rates (6.8%), you'd need a gross annual income of approximately $223,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Simi Valley compare to the national average home price?
The national median home value is approximately $410,000. At $842,921, homes in Simi Valley are 106% above the national average.
What metro area is Simi Valley part of?
Simi Valley is part of the Oxnard-Thousand Oaks-Ventura, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.