Foreclosures in Thousand Oaks, CA

Current Market Conditions in Thousand Oaks, CA

The real estate market in Thousand Oaks is currently competitive, fueled by strong demand and a limited housing supply. Home prices have shown consistent appreciation over the past year, indicating a healthy market for sellers. Given the area's desirable location and quality of life, many families and young professionals are eager to settle in this vibrant city, leading to a flourishing residential market.

As of late 2023, the market has seen a gradual rise in home values, with agents reporting multiple offers on well-priced homes. The average days on the market for listings have decreased, showcasing the urgency among buyers. Investors and new homebuyers are actively seeking properties, particularly in sought-after neighborhoods.

Rent Prices In Thousand Oaks, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thousand Oaks, CA, is on a rollercoaster ride. The average rent price in Thousand Oaks, CA, is $3,288.00. Indeed, when looking to rent in Thousand Oaks, CA, you can expect to pay as little as $1,240.00 or as much as $8,480.00, with the average rent median estimated to be $3,200.00. The good news is that finding an affordable and desirable property to rent in Thousand Oaks, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.