What to know before you move: cost, market timing, who it fits.
If you're considering a move to Simi Valley, CA, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Simi Valley is a city in Ventura County, California, with an estimated population of 125,778. It anchors the Oxnard-Thousand Oaks-Ventura metro area. The median home value in Simi Valley is $839,862 as of 2026-04, down 2.5% over the last 12 months. Over the last five years, home values have averaged +3.5% annual growth (-3.0% from the 5-year peak). Rents in Simi Valley average $2,882 per month, roughly flat year-over-year (+0.8%). The composite momentum score is 52 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
Sideways market (-2.5% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- Held the highs: currently -3.0% from the 5-year peak — this market refused to give back gains.
- The data is the data: Simi Valley has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- Expensive AND not growing: median home $839,862 with only -2.5% YoY. You're paying premium pricing for a flat trend.
- Cooling: -2.5% over the trailing year — momentum has stalled.
More about Simi Valley
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.