Port Hueneme, CA

Real estate in Port Hueneme, CA is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in demand for homes and commercial space. There are a number of factors that have contributed to this trend, including the city's proximity to major metropolitan areas ( Los Angeles and Ventura), its low cost of living, and its abundance of amenities.

According to the 2016 American Community Survey, the median household income in Port Hueneme was $72,000. This is significantly lower than the statewide median income of $87,000, but it is still above the national median income of $60,000. In addition, Port Hueneme has a relatively low unemployment rate (4.5%) compared to other cities in California (8%). These factors have helped make Port Hueneme one of the most desirable places to live in California.

One reason why real estate prices have increased so much in Port Hueneme is because there are a limited number of homes available for sale. The city has seen an influx of new residents and businesses over the past few years, which has caused demand for housing to outpace supply. As a result, home prices have increased significantly relative to other cities in California. For example, according to Zillow data from January 2018*, the average home price in Oxnard was $269K while the average home price in Ventura was $239K – both towns are about twice as large as Port Hueneme.

*Zillow data as of 1/18/2018