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Sarah Mitchell

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Compass Real Estate · Del Rey Oaks, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Del Rey Oaks, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Del Rey Oaks, CA Housing Market

Seller's market-0.3% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Del Rey Oaks, CA is worth $893,130, held roughly flat 0.3% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $671,000 (through May 2026). With 4.0 months of supply and homes going under contract in about 12 days, Del Rey Oaks is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $893,130 home is about $4,592/mo in principal and interest.

Key numbers for Del Rey Oaks, CA

Typical home value

$893,130

-0.3% in 12 months

Zillow, July 2026

Median sale price

$671,000

Last published period

Redfin, through May 2026

Days on market

12

Fast-moving

Redfin, through May 2026

Active listings

4

4.0 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$130,909

Home costs 6.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

105.0%

Selling above asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Del Rey Oaks a buyer's or seller's market?

Seller's market4.0 months of supply12 days on market105.0% of asking

Del Rey Oaks, CA is a seller's market, based on 4.0 months of supply and homes selling in about 12 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Del Rey Oaks housing market data show?

Every row below is Redfin's final published month for Del Rey Oaks, CA. Redfin, through May 2026

Housing market statistics for Del Rey Oaks, CA, Redfin through May 2026
MetricValue
Median sale price$671,000
Median list price$1.09M
Median price per sq ft$617/sq ft
Median days on market12 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio105.0%
Homes sold (that month)1
New listings (that month)1
Listings with a price cut50.0%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Del Rey Oaks is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Del Rey Oaks is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Del Rey Oaks home prices moved?

Over the last three years the median sale price in Del Rey Oaks, CA fell 32.2%, from $990,000 to $671,000. The live Zillow value series has held roughly flat 0.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 50.0% of Del Rey Oaks listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.0 months while the sale-to-list ratio slips below its current 105.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Del Rey Oaks?

Priced off the typical home value of $893,130 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Del Rey Oaks, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$178,626$714,504$4,592/mo
5%$44,657$848,474$5,453/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,592, that implies roughly $196,783 a year before you add taxes and insurance. The median household in Del Rey Oaks earns $130,909, about $65,874 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Del Rey Oaks in the next 12 months?

Tell us your timeline. We send the Del Rey Oaks market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Del Rey Oaks?

Zillow does not publish a rent index (ZORI) for Del Rey Oaks, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Del Rey Oaks?

Active listings in Del Rey Oaks, CA went from 2 in May 2024 to 4 in May 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Del Rey Oaks, CA
MonthActive listingsNew listings
June 202431
July 202421
August 202432
September 202432
December 20242not published
April 202541
July 202565
August 20254not published
November 202551
December 202551
February 202652
May 202641

Redfin, through May 2026

How does Del Rey Oaks compare to California and the U.S.?

Del Rey Oaks homes sell for $671,00024% below the California median of $887,400. Against the national median of $410,700, Del Rey Oaks runs 63% higher.

Del Rey Oaks, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Del Rey Oaks, CA$671,000not published12 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Del Rey Oaks

What buyers should watch

  • Months of supply, currently 4.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 50.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $861 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $893,130 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Del Rey Oaks listing goes under contract in 12 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 105.0% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Del Rey Oaks added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved -0.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Del Rey Oaks varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Del Rey Oaks

There are currently 4 homes listed for sale in Del Rey Oaks, California. The median listing price is $1.1M.

Active listings

4

Homes on market

Median list price

$1.1M

Avg. days on market

12

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:105.0%

How much do homes cost in Del Rey Oaks by property type?

How the Del Rey Oaks, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Del Rey Oaks, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$924,250$439/sq ft252 days
Condo / co-op$671,000$617/sq ft112 days

Who lives in Del Rey Oaks?

American Community Survey estimates for Del Rey Oaks. U.S. Census ACS, 2023

Population

1,556

Households

650

Median income

$130,909/yr

Median age

49.7 years

Owner-occupied

77.1%

Median home value

$844,000

Median gross rent

$3,162/mo

Mean commute

23.2 min

77.1% of occupied homes in Del Rey Oaks are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $844,000 against Zillow's $893,130 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Del Rey Oaks, CA?

Ordered by distance from Del Rey Oaks, not by size. Compare Del Rey Oaks side by side with any of them.

Del Rey Oaks housing market FAQ

Is Del Rey Oaks a buyer's or seller's market?

Del Rey Oaks, CA is currently a seller's market. That read comes from 4.0 months of supply, homes going under contract in about 12 days, and sellers getting 105.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Del Rey Oaks?

The typical home in Del Rey Oaks, CA is worth $893,130 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $671,000, about $617 per square foot.

Is Del Rey Oaks cheaper than the rest of California?

Del Rey Oaks's median sale price of $671,000 is 24% lower than the California statewide median of $887,400, and 63% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Del Rey Oaks?

Homes in Del Rey Oaks, CA spent a median of 12 days on market before going under contract, versus 33 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Del Rey Oaks?

At the current 30-year fixed rate of 6.66%, 20% down on a $893,130 home is about $4,592 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $196,783 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $130,909.

Are home prices rising in Del Rey Oaks?

The typical home value in Del Rey Oaks, CA held roughly flat 0.3% over the last 12 months, from $895,865 to $893,130 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Del Rey Oaks?

Del Rey Oaks ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Del Rey Oaks?

That depends on your timeline, not on a headline. What the data says today: Del Rey Oaks, CA is a seller's market with 4.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $893,130, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.