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 October 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

$751,934

$487/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,871(+4.4%)

Key Takeaway

Homes in Oxnard have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Oxnard was $751,934 in October 2024, up 4.4% from last year, and the median price per square foot was $487.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $460K$457.5K
-0.5%
2 $600K$595K
-0.8%
3 $700K$730K
+4.3%
4 $783K$789.9K
+0.9%
5+ $1.0M$1.0M
-1.3%

Summary: Oxnard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Cities

Port Hueneme
+6.7%
Ventura
+6.3%
San Buenaventura (Ventura)
+5.4%
Oxnard
+4.4%

Housing Supply in Oxnard, CA

How many homes are available in Oxnard, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
267256-4.1%

Summary: The Oxnard real estate market had 256 homes for sale in October 2024, a 4.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 5761
+7.0%
3 9990
-9.1%
4 8779
-9.2%
5+ 1718
+5.9%

Summary: The Oxnard housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6970+1.4%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

22 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 70 homes were sold or pending in Oxnard in October 2024, up by 1.4% month-over-month. Of the 70 sold homes, 43% were sold under asking, 26% were sold at asking, and 31% 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

Oct 2023Oct 2024CHANGE
34 Days34 Days+0.7%

Summary: Homes in Oxnard had an average of 34 days on market in Oct 2024, up by 0.7% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

5 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 October 2024, 70 homes were sold in Oxnard; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% 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 16 Days Ago

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