Oxnard, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Oxnard Neighborhoods Since 2000




Oxnard, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Oxnard Housing Market Information

With 207,254 people, 50,815 houses or apartments, and a median cost of homes of $438,180, real estate costs in Oxnard are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Oxnard, accounting for 56.60% of the city's housing units. Other types of housing that are prevalent in Oxnard include large apartment complexes or high rise apartments ( 20.87%), row houses and other attached homes ( 9.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.86%).

The most prevalent building size and type in Oxnard are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.02% owning and 45.98% renting.

There is a lot of housing in Oxnard built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oxnard built between 1940-1969 ( 38.95%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.98%). There's also some housing in Oxnard built before 1939 ( 2.09%).

Oxnard Home Appreciation Rates

Homes have actually lost value in Oxnard over the last then years, as home values have seen a decline of 19.90% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Oxnard home appreciation rates at 1.13%, which equates to an annual appreciation rate of 4.58%.

Appreciation rates are so strong in Oxnard that despite a nationwide downturn in the housing market, Oxnard real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oxnard appreciation rates continue to be some of the highest in America, at 6.07%, which is higher than appreciation rates in 74.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oxnard. Oxnard appreciation rates in the latest quarter were at 1.13%, which equates to an annual appreciation rate of 4.58%.

Relative to California, our data show that Oxnard's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Oxnard differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oxnard - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oxnard real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$438,180

Oxnard, CA HOME PRICES

Value Range
> $1,306,000 0.9
$979,001 - $1,306,000 2.0
$653,001 - $979,000 8.6
$522,001 - $653,000 15.9
$392,001 - $522,000 31.9
$261,001 - $392,000 24.3
$131,001 - $261,000 9.7
$65,001 - $131,000 2.8
$0 - $65,000 3.9

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.78155396695183 47.8835978835979

Number Of Homes And Apartments:
50,815

Oxnard Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
96.58% 4.00% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,977 / per month

Homeownership Rate

Homeownership
Owners 54.02
Renters 45.98
Vacant 6.62

Housing Market Details

 

Age of Homes

AGE OF Oxnard HOMES
2000 or Newer 15.0
1970 - 1999 44.0
1940 - 1969 38.9
1939 or Older 2.1

Types of Homes

TYPE OF Oxnard HOMES
Single-Family 56.6
Townhomes 9.6
Small Apt. Buildings 7.9
Apt. Complexes 20.9
Mobile Homes 4.9
Other 0.2

Home Size

SIZE OF Oxnard HOMES
No Bedroom 2.50
1 Bedroom 10.68
2 Bedrooms 25.30
3 Bedrooms 33.74
4 Bedrooms 22.11
5 or more bedrooms 5.67