Is Oxnard, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxnard is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Oxnard, CA

How much do homes in Oxnard, CA cost?

Median Sold Price

$754,800

$486/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,911(+4.6%)

Key Takeaway

Homes in Oxnard have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Oxnard was $754,800 in November 2024, up 4.6% from last year, and the median price per square foot was $486.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $460K$457.5K
-0.5%
2 $600K$612K
+2.0%
3 $700.1K$730.1K
+4.3%
4 $778.5K$797K
+2.4%
5+ $1.0M$997.5K
-7.2%

Summary: Oxnard housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities

Port Hueneme
+6.6%
Oxnard
+4.6%
Ventura
+4.3%
San Buenaventura (Ventura)
+3.7%

Housing Supply in Oxnard, CA

How many homes are available in Oxnard, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
256224-12.5%

Summary: The Oxnard real estate market had 224 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 6258
-6.5%
3 9275
-18.5%
4 7970
-11.4%
5+ 1614
-12.5%

Summary: The Oxnard 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 6.5%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7452-29.7%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxnard, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 52 homes were sold or pending in Oxnard in November 2024, down by 29.7% month-over-month. Of the 52 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.

Days on Market for Oxnard, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days43 Days+37.0%

Summary: Homes in Oxnard had an average of 43 days on market in Nov 2024, up by 37% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oxnard are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 52 homes were sold in Oxnard; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% 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

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