Oxnard, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Oxnard, CA Housing Market Trends

With 208,881 people, 51,424 houses or apartments, and a median cost of homes of $524,755, real estate costs in Oxnard are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Oxnard, accounting for 55.06% of the city's housing units. Other types of housing that are prevalent in Oxnard include large apartment complexes or high rise apartments ( 21.76%), row houses and other attached homes ( 11.00%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.03%).

The most prevalent building size and type in Oxnard are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.78% owning and 47.22% renting.

There is a lot of housing in Oxnard built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oxnard built between 1940-1969 ( 36.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.37%). There's also some housing in Oxnard built before 1939 ( 2.20%).

Oxnard Home Appreciation Rates

In the last 10 years, Oxnard has experienced some of the highest home appreciation rates of any community in the nation. Oxnard real estate appreciated 88.09% over the last ten years, which is an average annual home appreciation rate of 6.52%, putting Oxnard in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oxnard definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Oxnard's appreciation rate, at 6.81%, has been at or slightly above the national average. In the latest quarter, Oxnard's appreciation rate has been 1.73%, which annualizes to a rate of 7.09%.

Relative to California, our data show that Oxnard's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Oxnard differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oxnard - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oxnard real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$524,755

Oxnard, CA HOME PRICES

> $1,205,000
1.6%
1.6%
$904,001 - $1,205,000
2.6%
2.6%
$602,001 - $904,000
26.0%
26.0%
$482,001 - $602,000
31.7%
31.7%
$361,001 - $482,000
21.5%
21.5%
$241,001 - $361,000
8.2%
8.2%
$120,001 - $241,000
3.3%
3.3%
$60,001 - $120,000
2.0%
2.0%
$0 - $60,000
3.1%
3.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
51,424

Oxnard Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
144.56% 4.30%
7
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,095 / per month

Homeownership Rate

Owners
52.8%
52.8%
Renters
47.2%
47.2%
Vacant
6.9%
6.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
17.4%
17.4%
1970 - 1999
44.3%
44.3%
1940 - 1969
36.1%
36.1%
1939 or Older
2.2%
2.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
55.1%
55.1%
Townhomes
11.0%
11.0%
Small Apt. Buildings
7.0%
7.0%
Apt. Complexes
21.8%
21.8%
Mobile Homes
4.9%
4.9%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
10.9%
10.9%
2 Bedrooms
25.9%
25.9%
3 Bedrooms
33.7%
33.7%
4 Bedrooms
22.9%
22.9%
5 or more bedrooms
4.7%
4.7%
0.0% 100.0%
% OF HOMES