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 March 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

$739,708

$465/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$31,554(+4.5%)

Key Takeaway

Homes in Oxnard have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Oxnard was $739,708 in March 2024, up 4.5% from last year, and the median price per square foot was $465.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $453K$462K
+2.0%
2 $579.5K$592.3K
+2.2%
3 $685K$720K
+5.1%
4 $754.6K$782.5K
+3.7%
5+ $865K$1.0M
+21.4%

Summary: Oxnard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Cities

San Buenaventura (Ventura)
+6.7%
Ventura
+6.3%
Oxnard
+4.5%
Port Hueneme
+3.9%

Housing Supply in Oxnard, CA

How many homes are available in Oxnard, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
200234+17.0%

Summary: The Oxnard real estate market had 234 homes for sale in March 2024, a 17.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 3349
+48.5%
3 89102
+14.6%
4 6465
+1.6%
5+ 812
+50.0%

Summary: The Oxnard housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 48.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4559+31.1%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

30 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. 50.8% of homes here sold above asking price last month.

Summary: A total of 59 homes were sold or pending in Oxnard in March 2024, up by 31.1% month-over-month. Of the 59 sold homes, 37% were sold under asking, 12% were sold at asking, and 51% 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

Mar 2023Mar 2024CHANGE
49 Days31 Days-37.4%

Summary: Homes in Oxnard had an average of 31 days on market in Mar 2024, down by 37.4% compared to last year.

Breakdown of Home Sale Times

37 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 March 2024, 59 homes were sold in Oxnard; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 12% 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 20 Days Ago

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