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 March 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

$385,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,000(-2.5%)

Key Takeaway

Homes in North Central Thousand Oaks have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in North Central Thousand Oaks was $385,000 in March 2024, down 2.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $232.9K$232K
-0.4%
3 $340K$322K
-5.3%
4 $444K$430K
-3.2%
5+ $549.9K$589.9K
+7.3%

Summary: North Central Thousand Oaks housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Neighborhoods

Grayson Park
-1.0%
North Central Thousand Oaks
-2.5%
Lorrence Creek
-3.3%

Housing Supply in North Central Thousand Oaks, TX

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
20200.0%

Summary: The North Central Thousand Oaks real estate market had 20 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 97
-22.2%
4 1010
0.0%
5+ 00
0.0%

Summary: The North Central Thousand Oaks 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 200%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Central Thousand Oaks in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Mar 2023Mar 2024CHANGE
98 Days54 Days-45.0%

Summary: Homes in North Central Thousand Oaks had an average of 54 days on market in Mar 2024, down by 45% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Central Thousand Oaks are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in North Central Thousand Oaks; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 30 Days Ago

Newest Listings in North Central Thousand Oaks, TX

Nearby Markets to North Central Thousand Oaks, TX