Is Mission Oaks, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mission Oaks is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mission Oaks has remained a Seller's Market.

Key Takeaway

Mission Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mission Oaks, CA

How much do homes in Mission Oaks, CA cost?

Median Sold Price

$977,450

$534/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,450(+8.0%)

Key Takeaway

Homes in Mission Oaks have sold for 8% more than they did a year ago.

Summary: The median home sold price in Mission Oaks was $977,450 in November 2024, up 8% from last year, and the median price per square foot was $534.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $510K-
N/A
2 $675K$695K
+3.0%
3 $830K$863.5K
+4.0%
4 $1.0M$1.0M
+3.1%
5+ $1.9M$1.3M
-32.2%

Summary: Mission Oaks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 32.2%.

Median Sold Price Compared To Nearby Neighborhoods

Leisure Village
+8.3%
Mission Oaks
+8.0%
Camarillo Heights
+7.2%
Camarillo Springs
+5.2%

Housing Supply in Mission Oaks, CA

How many homes are available in Mission Oaks, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3926-33.3%

Summary: The Mission Oaks real estate market had 26 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 127
-41.7%
4 149
-35.7%
5+ 55
0.0%

Summary: The Mission Oaks housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
166-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mission Oaks, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Mission Oaks in November 2024, down by 62.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mission Oaks, CA

How long does it take to sell a home in Mission Oaks, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days48 Days+151.2%

Summary: Homes in Mission Oaks had an average of 48 days on market in Nov 2024, up by 151.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mission Oaks has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Mission Oaks; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Mission Oaks, CA

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