271 homes in Simi Valley
Homes for Sale in Simi Valley, TN
About Simi Valley, TN Real Estate
Simi Valley is a city in the valley of the same name in southeastern Ventura County, California, United States. It is 37 miles (60 km) northwest of Downtown Los Angeles, making it part of the Greater Los Angeles Area. Simi Valley borders Thousand Oaks, Moorpark, and the Chatsworth neighborhood of Los Angeles. As of the 2020 census, Simi Valley had a population of 126,356. The city of Simi Valley is surrounded by the Santa Susana Mountains and the Simi Hills, west of the San Fernando Valley, and northeast of the Conejo Valley. It grew as a bedroom community for the cities in the Los Angeles area and the San Fernando Valley when a freeway was built over the Santa Susana Pass.
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 271 homes for sale at a median price of $799,000, typically selling in about 53 days. Families here choose from 8 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in Simi Valley
Powered by the Topfind School Score
- 10Vista Elementaryelementary
- 9Big Springs Elementaryelementary
- 9Hollow Hills Elementaryelementary
- 9Santa Susana Highhigh school
- 8Crestview Elementaryelementary
- 8Township Elementaryelementary
Why Live in Simi Valley?
- Reagan Library
- Affordable housing
- Family-friendly
- Mountain views
Popular Neighborhoods in Simi Valley
Simi Valley Market Pulse
Median Home Price
$1.23M
↑ 59.1% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
3.8 months of supply
Balanced Market271 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 ~53 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
View cost breakdown
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 $323K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$623K)
Price Reductions
115 listings have reduced their price
42% of active listings
Average reduction: 4.7% (~$38K)
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