Thousand Oaks Real Estate Market Update: Fall 2026

Thousand Oaks Real Estate Market at a Glance (Fall 2026)

Here is the quick snapshot for the greater Thousand Oaks area, which includes Newbury Park:

Thousand Oaks Median Home Price: What Homes Actually Sold For

The median home price in the Thousand Oaks area was about $1,040,000 in Fall 2026. Within the city of Thousand Oaks specifically, the median closed price landed at $1,045,000 across 191 sales, while neighboring Newbury Park came in at $1,039,000.

Additionally, it helps to see how that median moved through the season:

In other words, prices eased about 3.7% from the June high into late summer. This is a normal seasonal cooldown rather than a sign of a downturn, since sale-to-list ratios stayed pinned near 99% the entire time. Because sellers kept getting nearly full price, the softening reflects a shift in the mix of homes selling, not collapsing demand. For a wider view of how this fits the county, see the current Ventura County housing market 2026 breakdown.

How Fast Are Homes Selling? Days on Market & Sale-to-List

Speed tells you as much as price. In the Thousand Oaks real estate market, the median home sold in just 32 days, and homes actually moved faster as summer ended — the August median dipped to 28 days. Furthermore, the sale-to-list ratio held at 99% across the market, and in Newbury Park sellers achieved 100% of asking at the median.

For example, a home priced correctly and shown well is still selling in about a month, near full price. However, overpriced listings are the ones lingering — a reminder that even in a seller's market, strategy beats optimism. This is exactly the gap I covered in our look at why homes sometimes sit even when demand is strong.

Inventory & Months of Supply: Is It Still a Seller's Market?

With 266 active listings and a sales pace of roughly 94 homes per month, the Thousand Oaks area is carrying about 2.8 months of supply. Generally, anything under three months signals a seller's market, so Thousand Oaks still qualifies — though it is inching toward balance.

Consequently, sellers retain the advantage on pricing and terms, while buyers get slightly more selection than they did in the frantic spring market. This is a healthier setup for everyone. Sellers still win, but buyers are no longer forced to waive every contingency to compete.

Prices by Home Type: Single-Family, Townhome & Condo

Not every buyer is shopping for the same thing, so here is how the median sale price broke down by property type across the Thousand Oaks area:

As a result, buyers who feel priced out of detached homes still have genuine entry points under $600,000 through condos, and mid-$700,000s through townhomes. Similarly, first-time buyers relocating from pricier parts of Los Angeles often find the Conejo Valley's condo and townhome inventory a comfortable landing spot. If you are weighing which community fits your budget, our guide to the best neighborhoods in Ventura County is a helpful next read.

How Thousand Oaks Compares to Nearby Cities

Context matters, so here is where Thousand Oaks sits relative to its Conejo Valley neighbors this fall:

Thousand Oaks and Newbury Park offer the most attainable pricing in the immediate area, while Westlake Village and Agoura Hills command a clear premium. However, all four markets are moving at a similar tempo — under 35 days at the median — which tells you demand is strong across the entire Conejo Valley, not just one pocket.

What the Thousand Oaks Real Estate Market Means for Sellers

If you are thinking about selling, the numbers are on your side, but the window rewards preparation. Because the median sale price is holding near $1,040,000 and homes are closing at 99% of list, a correctly priced, well-presented home should sell quickly and near full value. However, the slight seasonal softening means the days of naming any price and getting it are behind us.

Therefore, pricing to the current comparables — not to spring's peak — is the single biggest factor in a fast, top-dollar sale this fall. Curious what your specific home would fetch in today's Thousand Oaks real estate market? Start with a free home valuation and I will follow up with a tailored comparative analysis for your street.

What It Means for Buyers This Fall

Buyers, this is your moment to breathe. With inventory up and the market drifting toward balance, you have more homes to choose from and slightly more negotiating leverage than earlier in the year. Additionally, if mortgage rates ease further, your buying power improves on top of a market that is already a bit friendlier. You can track current rate movement through the Freddie Mac Primary Mortgage Market Survey.

That said, homes are still selling in about a month, so hesitation on the right property still costs you. Consequently, the winning strategy is to get fully pre-approved, know your target neighborhoods, and be ready to move decisively when the right listing appears. Our recent Ventura County real estate market update from February 2026 shows just how much conditions can shift in a single season.

Thousand Oaks Real Estate Market FAQ

Thinking About a Move in Thousand Oaks?

Whether you are buying or selling, the Thousand Oaks real estate market rewards people who act on real numbers. As your local Conejo Valley expert, I am happy to walk you through exactly what these figures mean for your home or your search. Ready to make your move? Contact Zac Wasserman at RE/MAX ONE — your local Thousand Oaks and Ventura County expert — and let's build a plan around today's market. Start with your free home valuation or reach out directly, and I will get you the personalized data your decision deserves.