The housing market in the Oxnard-Thousand Oaks-Ventura, CA Metro Area is an attractive option for prospective buyers. With a median value of $745,500 it is significantly higher than the national average of $338,100. While the national average appreciation rate was 8.27%, Oxnard-Thousand Oaks-Ventura, CA Metro Area was slightly lower at 3.68%. Despite this, it remains one of the most desirable areas to live in due its proximity to amenities and stunning coastline. This makes it an ideal location for people looking to purchase a new property or make an investment in property.
The median home cost in Oxnard-Thousand Oaks-Ventura Metro Area is $745,500. Home appreciation the last 10 years has been 120.4%. Home Appreciation in Oxnard-Thousand Oaks-Ventura Metro Area is up 14.3%.
Average Age of Homes
- The median age of Oxnard-Thousand Oaks-Ventura Metro Area real estate is 41 years old
The Rental Market in Oxnard-Thousand Oaks-Ventura Metro Area
- Renters make up 33.6% of the Oxnard-Thousand Oaks-Ventura Metro Area population
- 1.4% of houses and apartments in Oxnard-Thousand Oaks-Ventura Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.