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 April 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

$739,755

$468/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,905(+5.3%)

Key Takeaway

Homes in Oxnard have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Oxnard was $739,755 in April 2024, up 5.3% from last year, and the median price per square foot was $468.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $432.5K$464K
+7.3%
2 $579.5K$600K
+3.5%
3 $683.3K$720K
+5.4%
4 $748K$782.5K
+4.6%
5+ $882K$1.0M
+17.7%

Summary: Oxnard housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Cities

San Buenaventura (Ventura)
+7.6%
Ventura
+7.3%
Port Hueneme
+5.9%
Oxnard
+5.3%

Housing Supply in Oxnard, CA

How many homes are available in Oxnard, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
248270+8.9%

Summary: The Oxnard real estate market had 270 homes for sale in April 2024, a 8.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 4655
+19.6%
3 109109
0.0%
4 7381
+11.0%
5+ 1418
+28.6%

Summary: The Oxnard housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 19.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5960+1.7%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

20 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in Oxnard in April 2024, up by 1.7% month-over-month. Of the 60 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% 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

Apr 2023Apr 2024CHANGE
33 Days34 Days+1.0%

Summary: Homes in Oxnard had an average of 34 days on market in Apr 2024, up by 1% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

14 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 April 2024, 60 homes were sold in Oxnard; 65% of homes were sold within 30 days, 23% 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 10 Days Ago

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