Thousand Oaks, CA Housing Market
Median List Price
$1,125,000
Updated August 2026
Today, Thousand Oaks has 185 homes for sale at a median list price of $1,125,000, typically selling in about 47 days.
Thousand Oaks Market Analysis
Homes in Thousand Oaks, CA carry a median list price of $1.1M. Per square foot, the median stands at $543. The median price moved from $995,000 in February to $1M in July, a 4.5% increase over six months.
The typical listing reaches pending status in about 29 days. Right now 185 homes are on the market in Thousand Oaks, CA. 66 new listings came on the market in the last 30 days.
Six bedroom homes carry the highest medians at $6.5M, with one bedroom homes starting the range at $349,900. Single family homes make up about 66.5% of current inventory, with condos accounting for another 21.6%. Thousand Oaks, CA covers the 91360, 91362, 91361, and 91320 ZIP codes.
Thousand Oaks Rental Market
Rentals in Thousand Oaks, CA carry a median asking rent of $4,850. The median rent moved from $4,000 in February to $3,950 in July, a 1.3% decrease over six months. Right now 63 rentals are on the market in Thousand Oaks, CA.
Thousand Oaks Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 35% versus six months ago, yet 46% of sellers have trimmed their asking price, and sale prices have eased 2% over the last six months and are 2% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.13M
↓ 2% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.9 months of supply
Balanced Supply185 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 35% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 51% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Thousand Oaks
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
70%
Homeowners
30%
Renters
Homeownership is 14.5 points higher than the California average (55.5%)
46,268 households (2023)
Affordability Snapshot
Typical home cost
$7,547/mo
Actual housing expense
Affordable budget (28%)
$3,135/mo
Based on median income
Median household income
$11,197/mo
Thousand Oaks
A typical home costs about 67% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$323K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $551K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$986K)
Price Reductions
86 listings have reduced their price
46% of active listings
Average reduction: 6.1% (~$69K)
Browse Thousand Oaks Listings
Frequently Asked Questions about the Thousand Oaks, CA Housing Market
What is the median home price in Thousand Oaks, CA?
The median list price in Thousand Oaks is $1,125,000 as of August 2026, based on 185 active listings.
Is Thousand Oaks a buyer's market or a seller's market?
Thousand Oaks currently reads as a balanced market. Active inventory works out to about 3.9 months of supply at the recent sales pace.
How fast do homes sell in Thousand Oaks?
Homes that closed in the last 90 days typically went under contract in about 29 days. The average home currently for sale has been on the market for 47 days.
Are home prices in Thousand Oaks going up or down?
The median sale price in Thousand Oaks is down about 2.1% compared with a year ago.
How many homes are for sale in Thousand Oaks, CA?
There are 185 homes for sale in Thousand Oaks right now, including 17 listed within the last week.
What is the median rent in Thousand Oaks?
The median asking rent in Thousand Oaks is $4,850 per month, across 63 active rental listings.