Thousand Oaks Housing Market Report – March 2026

By Jessica

Here's a look at how the Thousand Oaks, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 61
  • Median Sale Price: $1,030,000
  • Average Sale Price: $1,203,911
  • Average Price Per Sq Ft: $562
  • Average Days on Market: 63
  • Sale-to-List Price Ratio: 100.0%

Month-Over-Month Trends

Compared to February, the median sale price in Thousand Oaks moved 6.2% up (from $970,000 to $1,030,000). The number of homes sold was 60.5% up compared to the prior month (38 vs. 61). Average days on market shifted 10.0% down (70 days to 63 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 2.2% down (from $1,053,000 to $1,030,000). Sales volume is 14.1% down year-over-year.

What This Means

March brought a notable spring bounce to Thousand Oaks, with sales volume jumping 60 percent from February as buyers emerged from winter dormancy. That said, the year-over-year picture is more sobering, with sales down 14 percent compared to last March, suggesting the market is recovering from seasonal lows rather than breaking out into genuine strength. The median price of $1.03 million is up smartly month-over-month but still trailing last year's $1.053 million, indicating some price pressure despite the recent uptick.

What's encouraging is that homes are selling at asking price and moving faster, with days on market dropping from 70 to 63. This signals reduced buyer hesitation and suggests the sweet spot of inventory and demand is aligning reasonably well. The 172 active listings provide solid selection without feeling oversupplied, which is healthy for both sides of a transaction.

The single-family dominated inventory and the prevalence of mid-$1M pricing reflects Thousand Oaks' character as a family-oriented community. If interest rates stabilize or dip further, expect April and May to build on this momentum as seasonal tailwinds strengthen. For now, it's a balanced market with gentle upward pressure.

Thousand Oaks Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
91362 27 $950,000 $532 56
91360 25 $1,015,000 $574 73
91320 5 $1,030,000 $451 55
91361 3 $3,100,000 $903 42
93021 1 $875,000 N/A 49

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 47 $1,088,000 $593
CONDOS 4 $433,500 $466
MOBILE 3 $255,000 $237
TOWNHOMES 3 $790,000 $629
CONDO 2 $634,000 $403
LAND 2 $1,277,500 N/A

Sales by Price Range

Price Range Homes Sold
$200K - $299K 2
$400K - $499K 5
$500K - $749K 4
$750K+ 50

Current Active Listings

As of this report, there are 172 active listings in Thousand Oaks with a median asking price of $1,148,500 and an average of 71 days on market.

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