Ojai Housing Market Report – March 2026
Here's a look at how the Ojai, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 18
- Median Sale Price: $1,142,750
- Average Sale Price: $1,470,306
- Average Price Per Sq Ft: $769
- Average Days on Market: 105
- Sale-to-List Price Ratio: 97.9%
Month-Over-Month Trends
Compared to February, the median sale price in Ojai moved 8.5% down (from $1,249,000 to $1,142,750). The number of homes sold was 63.6% up compared to the prior month (11 vs. 18). Average days on market shifted 50.0% up (70 days to 105 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 9.2% down (from $1,258,000 to $1,142,750). Sales volume is 21.7% down year-over-year.
What This Means
Ojai's housing market is sending mixed signals this March. On the bright side, sales activity picked up significantly month-over-month, with 18 homes selling compared to just 11 in February—a 63% jump that suggests spring is bringing buyers back into the community. However, prices are trending downward, with the median dropping 8.5% from last month and 9.2% year-over-year. That said, homes are still selling close to asking price at 97.9%, which isn't bad in a cooling market.
The real concern is the rising days on market. Properties now linger for 105 days on average, up from 70 days last month. Combined with the growing inventory of 129 active listings, this points to a market shifting from seller-friendly to more balanced—or even buyer-favoring. Higher mortgage rates and the post-spring-break timing may be keeping some potential buyers on the sidelines.
For sellers, the takeaway is clear: pricing competitively matters more than ever. The gap between the median asking price of $1.6 million and the median sale price of $1.14 million suggests that overpriced homes are sitting longer. But for buyers, patience is finally paying off—negotiating room exists for the first time in years.
Ojai Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93023 | 18 | $1,142,750 | $769 | 105 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 15 | $1,100,000 | $770 |
| MOBILE | 2 | $922,500 | $850 |
| CONDOS | 1 | $1,650,000 | $579 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $750K+ | 17 |
Current Active Listings
As of this report, there are 129 active listings in Ojai with a median asking price of $1,599,000 and an average of 103 days on market.
Thinking About Selling Your Ojai Home?
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