Oxnard, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Oxnard Housing Market Information

With a population of 207,906, 50,839 total housing units (homes and apartments), and a median house value of $478,382, 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 55.84% of the city's housing units. Other types of housing that are prevalent in Oxnard include large apartment complexes or high rise apartments ( 21.64%), row houses and other attached homes ( 9.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.81%).

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 53.08% owning and 46.92% 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 ( 39.00%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.07%). There's also some housing in Oxnard built before 1939 ( 1.88%).

Oxnard Home Appreciation Rates

In the last 10 years, Oxnard has experienced some of the highest home appreciation rates of any community in the nation. Oxnard real estate appreciated 34.18% over the last ten years, which is an average annual home appreciation rate of 2.98%, putting Oxnard in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oxnard definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 6.90%, which is higher than appreciation rates in 71.96% 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 1.77%, which equates to an annual appreciation rate of 7.26%.

Relative to California, our data show that Oxnard's latest annual appreciation rate is lower than 80% 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:
$478,382

Oxnard, CA HOME PRICES

Value Range
> $1,351,000 0.9
$1,013,001 - $1,351,000 2.0
$676,001 - $1,013,000 11.6
$541,001 - $676,000 19.2
$406,001 - $541,000 31.5
$270,001 - $406,000 20.2
$135,001 - $270,000 8.2
$67,001 - $135,000 2.3
$0 - $67,000 4.1

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.94744525547445 50.4587155963303

Number Of Homes And Apartments:
50,839

Oxnard Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
120.34% 4.30%
6
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,916 / per month

Homeownership Rate

Homeownership
Owners 53.08
Renters 46.92
Vacant 6.39

Housing Market Details

 

Age of Homes

AGE OF Oxnard HOMES
2000 or Newer 15.1
1970 - 1999 44.0
1940 - 1969 39.0
1939 or Older 1.9

Types of Homes

TYPE OF Oxnard HOMES
Single-Family 55.8
Townhomes 9.4
Small Apt. Buildings 7.8
Apt. Complexes 21.6
Mobile Homes 5.1
Other 0.2

Home Size

SIZE OF Oxnard HOMES
No Bedroom 2.49
1 Bedroom 10.29
2 Bedrooms 25.82
3 Bedrooms 33.94
4 Bedrooms 22.24
5 or more bedrooms 5.21