Is North Central Thousand Oaks, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Central Thousand Oaks is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Central Thousand Oaks has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Central Thousand Oaks, TX

How much do homes in North Central Thousand Oaks, TX cost?

Median Sold Price

$358,750

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,355(-3.1%)

Key Takeaway

Homes in North Central Thousand Oaks have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in North Central Thousand Oaks was $358,750 in November 2024, down 3.1% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $238K$259.5K
+9.0%
3 $318.5K$330K
+3.6%
4 $397.4K$425K
+6.9%
5+ -$460K
N/A

Summary: North Central Thousand 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 9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Central Thousand Oaks
-3.1%
Lorrence Creek
-4.4%

Housing Supply in North Central Thousand Oaks, TX

How many homes are available in North Central Thousand Oaks, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3533-5.7%

Summary: The North Central Thousand Oaks real estate market had 33 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1921
+10.5%
4 1210
-16.7%
5+ 10
-100.0%

Summary: The North Central Thousand 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 33.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Central Thousand 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 North Central Thousand Oaks in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for North Central Thousand Oaks, TX

How long does it take to sell a home in North Central Thousand Oaks, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days68 Days+5.4%

Summary: Homes in North Central Thousand Oaks had an average of 68 days on market in Nov 2024, up by 5.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in North Central Thousand Oaks are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 6 homes were sold in North Central Thousand Oaks; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

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