Ventura, CA

Population: 108,511
Average annual home appreciation rate: 7.40%
Total of homes for sale in this market: 27
Median home price: $486,209
Median Rent: $1,599 per room
Home price range: 27.11% of homes are between $545,001 – $818,000
Median sales price: $450,000
Number of homes: 234
Median foreclosure sales price: $380,200
Foreclosure discount: 16%
Most common home type: 55.93% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.96%
Number of renters: 43.45%
Number of owner occupied: 56.55%
Number people living below poverty level: 10.58%
Unemployment rate: 5.6%
Is this area perfect for real estate deals going on right now? Data shows, 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.

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