Ventura Real Estate
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This is an overview of the Ventura real estate market. It is intended as a resource for investors and other home buyers when researching Ventura homes for sale.
The information is compiled from many sources, and will be updated every 3 months, however, some of the sources drawn from may be a few years older.
Last updated 3/15/10.
OVERVIEW
Ventura is located in Ventura County in Southern California. The area code is 805 and the zip codes include: 93001, 93002, 93003, 93004, 93005, 93006, 93007 and 93009.
The population is around 112,000 and the area covers 124 square miles.
Compared to the rest of California, Ventura has a smaller portion of foreign born people, and a higher percentage of hispanic people. Also, the average age of a house is newer than the state average.
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MEDIAN HOME PRICE
The median sale price according to Zillow is $389,000 and according to Cyberhomes is $395,000.
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PROPERTY TAXES
The median property taxes for houses with a mortgage are around $1654.
RENTS
The median gross rent is $1248.
RENTERS VS. HOMEOWNERS
Around 40% are renters and 4% of homes are vacant.
MEDIAN INCOME
The estimated median household income is $82,000.
THE HOUSES
Most of Ventura real estate was built in the 1960's, with the next largest group being built in the 1970's. The third largest group was built in the 1950s.
JOBS
The most common 3 occupations include sale & office, professional positions or related, or service oriented.
There was 11.3% unemployment as of February of 2010.
COMMUTING
The average time for commuters to get to work is 25 minutes. Approximately 4% work from home.
THE PEOPLE
Ethnic makeup in this area is mostly white non-hispanic at 78% and hispanic at 25%. Of the 14% foreign born residents, most are from Mexico.
EDUCATION
29% have a bachelor's degree or higher, while 11% have a graduate or professional degree.
THE WEATHER
Temperatures range from 72 in summer to 52 degrees Fahrenheit in winter. There are usually 30 days of precipitation and you can expect about 362 sunny days per year. Rainfall is 14 inches annually.
DISCLAIMER: All information is obtained amd combined from multiple sources but we cannot guarantee their accuracy.
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