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 June 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

$749,500

$473/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$49,500(+7.1%)

Key Takeaway

Homes in Oxnard have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Oxnard was $749,500 in June 2024, up 7.1% from last year, and the median price per square foot was $473.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $460K$444.5K
-3.4%
2 $580K$591.1K
+1.9%
3 $685K$721.2K
+5.3%
4 $740K$790K
+6.8%
5+ $900K$1.0M
+14.4%

Summary: Oxnard housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Cities

San Buenaventura (Ventura)
+10.8%
Ventura
+10.6%
Port Hueneme
+9.5%
Oxnard
+7.1%

Housing Supply in Oxnard, CA

How many homes are available in Oxnard, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
316302-4.4%

Summary: The Oxnard real estate market had 302 homes for sale in June 2024, a 4.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 87
-12.5%
2 6565
0.0%
3 121118
-2.5%
4 9987
-12.1%
5+ 2325
+8.7%

Summary: The Oxnard housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7677+1.3%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxnard, you could pay more than the asking price. 37.7% of homes here sold above asking price last month.

Summary: A total of 77 homes were sold or pending in Oxnard in June 2024, up by 1.3% month-over-month. Of the 77 sold homes, 30% were sold under asking, 32% 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

Jun 2023Jun 2024CHANGE
32 Days26 Days-18.4%

Summary: Homes in Oxnard had an average of 26 days on market in Jun 2024, down by 18.4% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

2 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 June 2024, 77 homes were sold in Oxnard; 68% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 3% 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 26 Days Ago

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