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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 109,058 people, 42,119 houses or apartments, and a median cost of homes of $980,686, 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 54.06% of the city's housing units. Other types of housing that are prevalent in Ventura include large apartment complexes or high rise apartments ( 20.76%), row houses and other attached homes ( 12.14%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.95%).
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 54.61% owning and 45.39% renting.
There is a lot of housing in Ventura built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ventura built between 1940-1969 ( 36.71%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.48%). There's also some housing in Ventura built before 1939 ( 8.51%).
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 6.57% during the period.
NeighborhoodScout's data show that during the latest twelve months, Ventura's appreciation rate, at 8.64%, has been at or slightly above the national average. In the latest quarter, Ventura's appreciation rate has been 3.05%, which annualizes to a rate of 12.75%.
Importantly, this makes Ventura one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Ventura's latest annual appreciation rate is higher than 90% 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.
$980,686
for California
for nation
42,119
$3,335 / per month