Thousand Oaks, CA 91360 Real Estate Market Report

ZIP Code: 91360
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Thousand Oaks, CA are 6.37% compared to the 5.99% average observed in January 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator is the median sold price $1,067,000, which signals realized market value and supports the view that Thousand Oaks remains a seller-favorable market; this level, combined with a hot market temperature, suggests continued pricing resilience.

2. Comparing asking versus achieved levels shows a noticeable gap with the median listing price $1,199,999 above the median sold price $1,067,000, which may indicate pricing friction and elevated seller expectations relative to recent transactions.

3. Market velocity appears slower despite strong pricing: the median days on market 296 points to prolonged time-to-contract and suggests slower sales velocity or increased selectivity among buyers, even as price year-over-year trend is up.

4. Affordability and carry considerations are pressured by external factors: interest rate pressure is elevated (current 30-year fixed at 6.37% vs. a 5.99% January 2026 average) and median market rent is $3,229, indicating rents are rising (up) but financing cost elevation may temper buyer activity and extend negotiation timelines.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Thousand Oaks, CA 91360 Real Estate Market Report

ZIP Code: 91360
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Thousand Oaks, CA are 6.37% compared to the 5.99% average observed in January 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is $539,800, the primary indicator of market value and recent transactions; relative to the median listing price of $509,900, this pattern suggests listing expectations are supporting higher sale prices.

2. The market temperature is hot but liquidity shows slower velocity with a median days on market of 388, which indicates extended negotiation or holding periods and may reflect pricing friction rather than weak demand.

3. The median price per square foot is $437 and the median market rent is $2,595; with a price year-over-year trend of up, these metrics support a continuing appreciation environment for SFR and condo product.

4. Interest rate pressure is elevated and the property rate comparison reports 30-year fixed rates at 6.37% versus a 5.99% January 2026 average, which may dampen purchase power and temper near-term turnover despite the market remaining hot.

5. Sample-level indicators point to relatively constrained active supply alongside a market temperature of hot, which appears to favor sellers; however, elevated interest rate pressure and the long median days on market suggest caution—monitor transaction velocity for signs of shifting momentum.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.