Oxnard, CA Housing Market Report

The Oxnard housing market is currently undergoing a significant transition toward more balanced conditions, moving away from the frenetic pace of previous years. As of December 2025, the market is increasingly favoring buyers who have been waiting for more options and less competition. This shift is most evident in the substantial 25.96% year-over-year increase in active inventory, which now stands at 1,436 units. With homes spending an average of 60 days on the market—a 17-day increase from last year—sellers are finding they must be more patient and flexible to secure a deal.

Price trends over the last six months indicate a period of stabilization following a minor year-over-year decline of 1.25%. After hitting a mid-year low in October at approximately $744,007, the median home value has rebounded slightly to $746,521 in December. This plateau suggests that while the rapid appreciation seen in the Oxnard-Thousand Oaks-Ventura metro area has cooled, demand remains high enough to prevent a significant price correction. The sale-to-list ratio of 0.99 indicates that most properties are selling very close to their asking price, though the days of aggressive bidding wars appear to have subsided.

Looking ahead, the rental market continues to show resilience with a 2.46% annual increase, bringing median rents to $2,841. This divergence between softening purchase prices and rising rents may encourage more long-term investors to look at the area, while also pushing some renters toward homeownership as the cost gap narrows. For sellers, the current environment necessitates realistic pricing and high-quality presentation, as buyers now have more leverage to negotiate. For buyers, the increased inventory provides a rare window of opportunity to be selective and potentially secure a home without the pressure of immediate multiple-offer scenarios.