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Homes for Sale in Lang Ranch, Thousand Oaks
About Lang Ranch, Thousand Oaks
About Thousand Oaks: Lang Ranch is a neighborhood in Thousand Oaks. Thousand Oaks is the second-largest city in Ventura County, California, located in the northwestern part of Greater Los Angeles. Approximately 15 miles (24 km) from the city of Los Angeles and 40 miles (64 km) from Downtown Los Angeles, it is named after the many oak trees present in the area.
Lang Ranch is a sought-after neighborhood in Thousand Oaks, CA. Browse available listings to find your perfect home in this neighborhood.
Thousand Oaks Market Report
Thousand Oaks Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 35% versus six months ago, yet 48% of sellers have trimmed their asking price, and sale prices have eased 3% 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.
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 $552K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$982K)
Price Reductions
88 listings have reduced their price
48% of active listings
Average reduction: 6.0% (~$68K)
Nearby Neighborhoods in Thousand Oaks
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