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Sarah Mitchell

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Compass Real Estate · Thousand Oaks, CA

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

Thousand Oaks, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Thousand Oaks, CA Housing Market

Seller's market+0.6% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Thousand Oaks, CA is worth $1.05M, rose 0.6% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $1.15M, -0.7% year over year (through May 2026). With 2.8 months of supply and homes going under contract in about 41 days, Thousand Oaks is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $1.05M home is about $5,384/mo in principal and interest.

Key numbers for Thousand Oaks, CA

Typical home value

$1.05M

+0.6% in 12 months

Zillow, July 2026

Typical asking rent

$3,307/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$1.15M

-0.7% year over year

Redfin, through May 2026

Days on market

41

Average pace

Redfin, through May 2026

Active listings

347

2.8 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

$134,367

Home costs 7.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.8%

Selling below 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 Thousand Oaks a buyer's or seller's market?

Seller's market2.8 months of supply41 days on market98.8% of asking

Thousand Oaks, CA is a seller's market, based on 2.8 months of supply and homes selling in about 41 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

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

What does the Thousand Oaks housing market data show?

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

Housing market statistics for Thousand Oaks, CA, Redfin through May 2026
MetricValue
Median sale price$1.15M
Median list price$1.10M
Year-over-year price change-0.7%
Median price per sq ft$567/sq ft
Median days on market41 days
Active inventory347 listings
Months of supply2.8 months
Sale-to-list price ratio98.8%
Homes sold (that month)122
New listings (that month)163
Listings with a price cut28.2%
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 Thousand Oaks is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Thousand 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 Thousand Oaks home prices moved?

Over the last three years the median sale price in Thousand Oaks, CA rose 4.3%, from $1.10M to $1.15M. The live Zillow value series has rose 0.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 28.2% of Thousand 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 2.8 months while the sale-to-list ratio slips below its current 98.8%. 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 Thousand Oaks?

Priced off the typical home value of $1.05M 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 Thousand Oaks, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$209,455$837,818$5,384/mo
5%$52,364$994,909$6,394/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 $5,384, that implies roughly $230,745 a year before you add taxes and insurance. The median household in Thousand Oaks earns $134,367, about $96,378 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 7.8x — 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 Thousand Oaks in the next 12 months?

Tell us your timeline. We send the Thousand 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 Thousand Oaks?

Typical asking rent in Thousand Oaks, CA is $3,307/mo, against a typical home value of $1.05M. That is a price-to-rent ratio of 26.4x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $5,384 a month — $2,077 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Thousand Oaks?

Active listings in Thousand Oaks, CA went from 382 in May 2025 to 347 in May 2026, a -9.2% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Thousand Oaks, CA
MonthActive listingsNew listings
June 2025392142
July 2025411165
August 2025371116
September 2025364114
October 202533899
November 202529176
December 202520351
January 2026250127
February 2026269126
March 2026309169
April 2026322163
May 2026347163

Redfin, through May 2026

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

Thousand Oaks homes sell for $1.15M29% above the California median of $887,400. Against the national median of $410,700, Thousand Oaks runs 179% higher. Year-over-year, Thousand Oaks moved -0.7% against California's +3.4%a smaller swing than the state as a whole.

Thousand Oaks, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Thousand Oaks, CA$1.15M-0.7%41 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 Thousand Oaks

What buyers should watch

  • Months of supply, currently 2.8. 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 28.2%. 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 $1,010 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 $1.05M 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 Thousand Oaks listing goes under contract in 41 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 98.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Thousand Oaks added 163 new listings against 122 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +0.6% 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 Thousand Oaks varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Thousand Oaks

There are currently 347 homes listed for sale in Thousand Oaks, California. The median listing price is $1.1M. Featured listings range from $322,000 to $4,198,000.

2 bedroom mobile home for sale at 141 LA Fortuna Thousand Oaks 91320 - $322,000
New Listing
36
$322,000

141 LA Fortuna

Thousand Oaks, CA 91320

2 bd2 ba1,344 sqft$240/ft²
Mobile home

Lydia Gable Realty Group · Compass

View photos & details
1 bedroom condo for sale at 2005 Shoemaker Ln Thousand Oaks 91320 - $475,000
New Listing
31
$475,000

2005 Shoemaker Ln

Thousand Oaks, CA 91320

1 bd1 ba821 sqft$579/ft²
Condo435 sqft lot

David Woodruff · NextHome Oak Summit

View photos & details
2 bedroom mobile home for sale at 295 El Cielo Thousand Oaks 91320 - $525,000
New Listing
74
$525,000

295 El Cielo

Thousand Oaks, CA 91320

2 bd2 ba1,488 sqft$353/ft²
Mobile home

Diane Mars · Berkshire Hathaway HomeServices California Properties

View photos & details
2 bedroom condo for sale at 227 Via Colinas Thousand Oaks 91362 - $578,000
New Listing
30
$578,000

227 Via Colinas

Thousand Oaks, CA 91362

2 bd2 ba984 sqft$587/ft²
Condo984 sqft lot

Ki Rin Jang · High Equity Real Estate Service, Inc.

View photos & details
2 bedroom house for sale at 741 Warwick Ave Thousand Oaks 91360 - $599,000
New Listing
43
$599,000

741 Warwick Ave

Thousand Oaks, CA 91360

2 bd2 ba1,204 sqft$498/ft²
House871 sqft lot

Kristen O'Brien · Pinnacle Estate Properties, In

View photos & details
4 bedroom house for sale at 1689 Amador Ln Thousand Oaks 91320 - $965,000
New Listing
75
$965,000

1689 Amador Ln

Thousand Oaks, CA 91320

4 bd3 ba1,679 sqft$575/ft²
House6,970 sqft lot

Katelyn Budroe · eXp Realty of Greater Los Angeles, Inc.

View photos & details
3 bedroom townhouse for sale at 1447 North View Dr Unit 56 Thousand Oaks 91362 - $1,099,000
New Listing
13
$1,099,000

1447 North View Dr Unit 56

Thousand Oaks, CA 91362

3 bd3 ba2,173 sqft$506/ft²
Townhouse2,173 sqft lot

Tracey Ackourey · Coldwell Banker Realty

View photos & details
4 bedroom house for sale at 963 Rancho Rd Thousand Oaks 91362 - $1,100,000
New Listing
9
$1,100,000

963 Rancho Rd

Thousand Oaks, CA 91362

4 bd4 ba3,536 sqft$311/ft²
House15,682 sqft lot

Sandra Guzman · LPT Realty, Inc

View photos & details
3 bedroom house for sale at 248 Windrose Ct Thousand Oaks 91320 - $1,200,000
New Listing
40
$1,200,000

248 Windrose Ct

Thousand Oaks, CA 91320

3 bd3 ba1,964 sqft$611/ft²
House8,712 sqft lot

Kathleen Smiley · Rodeo Realty

View photos & details
4 bedroom house for sale at 4655 Via Grande Thousand Oaks 91320 - $1,520,000
New Listing
38
$1,520,000

4655 Via Grande

Thousand Oaks, CA 91320

4 bd3 ba2,763 sqft$550/ft²
House9,583 sqft lot

Barbara Preston · Coldwell Banker Realty

View photos & details
5 bedroom house for sale at 939 Ranch House Rd Thousand Oaks 91361 - $2,149,000
New Listing
57
$2,149,000

939 Ranch House Rd

Thousand Oaks, CA 91361

5 bd4 ba3,250 sqft$661/ft²
House9,583 sqft lot

Carmen Mormino · Rodeo Realty

View photos & details
5 bedroom house for sale at 3909 Cresthaven Dr Thousand Oaks 91362 - $4,198,000
New Listing
29
$4,198,000

3909 Cresthaven Dr

Thousand Oaks, CA 91362

5 bd5 ba4,698 sqft$894/ft²
House24,829 sqft lot

Ernie Carswell · Sotheby's International Realty

View photos & details

Looking to buy in Thousand Oaks?

Get connected with a local real estate expert — free, no obligation.

Active listings

347

Homes on market

Median list price

$1.1M

Avg. days on market

41

Days until sale

New this week

163

Newly listed

Price drops:28.2%of listings
Sale-to-list:98.8%

How much do homes cost in Thousand Oaks by property type?

How the Thousand 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 Thousand Oaks, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.30M$586/sq ft9041 days
Condo / co-op$555,000$506/sq ft1745 days
Townhouse$790,000$483/sq ft1538 days

Who lives in Thousand Oaks?

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

Population

125,676

Households

46,268

Median income

$134,367/yr

Median age

44.5 years

Owner-occupied

70.1%

Median home value

$951,200

Median gross rent

$2,580/mo

Mean commute

24.7 min

70.1% of occupied homes in Thousand 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 $951,200 against Zillow's $1.05M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,580/mo, below Zillow's $3,307/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Thousand Oaks?

21 schools tracked · 10,656 students

The largest public schools serving Thousand Oaks, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Thousand Oaks High

Grades 9-12 · 1,728 students

Public

Compass Charter Schools of Los Angeles

Grades K-12 · 956 students

Charter

Colina Middle

Grades 6-8 · 796 students

Public

Compass Charter Schools of San Diego

Grades K-12 · 790 students

Charter

Los Cerritos Middle

Grades 6-8 · 720 students

Public

Compass Charter School of Yolo

Grades K-12 · 706 students

Charter

Lang Ranch

Grades K-5 · 677 students

Public

Redwood Middle

Grades 6-8 · 653 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Thousand Oaks, CA?

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

Which ZIP codes are in Thousand Oaks?

These are the ZIP codes we see on active Thousand Oaks listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Thousand Oaks housing market FAQ

Is Thousand Oaks a buyer's or seller's market?

Thousand Oaks, CA is currently a seller's market. That read comes from 2.8 months of supply, homes going under contract in about 41 days, and sellers getting 98.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Thousand Oaks?

The typical home in Thousand Oaks, CA is worth $1.05M (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $1.15M, about $567 per square foot.

Is Thousand Oaks cheaper than the rest of California?

Thousand Oaks's median sale price of $1.15M is 29% higher than the California statewide median of $887,400, and 179% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Thousand Oaks?

Homes in Thousand Oaks, CA spent a median of 41 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

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

At the current 30-year fixed rate of 6.66%, 20% down on a $1.05M home is about $5,384 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $230,745 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $134,367.

Are home prices rising in Thousand Oaks?

The typical home value in Thousand Oaks, CA rose 0.6% over the last 12 months, from $1.04M to $1.05M (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Thousand Oaks?

Thousand 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 Thousand Oaks?

That depends on your timeline, not on a headline. What the data says today: Thousand Oaks, CA is a seller's market with 2.8 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 26.4x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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