Oxnard, California Housing Market

What stands out in Oxnard?

• Population is down 3.4% over five years: among the steepest population decline of 765 tracked cities. A shrinking population thins demand over time.
• The median asking price is $935,593: one of the priciest of 765 tracked cities. Entry costs are high, so cash flow is harder. Price growth has to do more of the work.

What does a shrinking population mean for Oxnard landlords?

The population in Oxnard's ZIP codes fell 3.4% over five years. 7.5% of homes are vacant, higher than 57% of tracked cities. Households still grew 3.0% while the housing stock grew 2.9%. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.

What is the fair market rent in Oxnard?

HUD sets one fair market rent for Ventura County. For fiscal year 2026:

• 1 bedroom: $2,250 a month. Up 5% on last year, up 88% since FY2016.
• 2 bedrooms: $2,693 a month. Up 5% on last year, up 68% since FY2016.
• 3 bedrooms: $3,652 a month. Up 4% on last year, up 61% since FY2016.
• 4 bedrooms: $4,240 a month. Up 4% on last year, up 70% since FY2016.

The figures include tenant-paid utilities and apply to all of Ventura County, so one home's rent can sit well above or below them. See fair market rent by city.

Who will rent from you in Oxnard?

In Oxnard, 46 out of every 100 households rent. That is nearly half. The renter share is shrinking. Five years ago it was 47 in 100. Renter households here average 3.8 people. Families rent here. Buy bedrooms. Studios will sit.

The median Oxnard household earns $95,776 a year. Incomes here have grown 5.2% a year since 2019. Incomes and home prices are rising in step. A typical home costs 9.8 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $2,394 a month.

To see what one Oxnard address would rent for and cash flow, run it through the app.

How does Oxnard compare with other California markets?

Ranked among the 141 California markets we track:

• Asking price: 47th priciest of 141. Oxnard is at $935,593. Closest: Anaheim and Torrance.
• Buyer competition: 47th most competitive of 138. Oxnard is at 0.44 buyers per home. Closest: Sacramento and Upland.
• Time on market: 18th longest time on market of 141. Oxnard is at a median of 65 days on market. Closest: Yucaipa and Apple Valley.
• Price cuts: 70th most price cuts of 141. Oxnard is at 19% of sellers cutting. Closest: Upland and Novato.

Is now a good time to buy in Oxnard?

The median asking price is 16.7% below its Feb 2024 peak. Per square foot the gap is smaller: 4.2% below the Feb 2024 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Oxnard prices have risen in 94 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

What numbers should you underwrite an Oxnard deal with?

• Price growth to assume — +5.5%/yr. Oxnard has grown about 5.5% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices were flat over the last year.
• Months of carrying cost — 3. Budget at least 65 days of holding costs, the current median listing age, when you exit or refinance. That is 6% longer than a year ago.

Read how population change affects rentals and how we read these numbers, then run the numbers on a deal.

What is the median home price in Oxnard?

The median asking price in Oxnard is about $936,000 as of Sep 2026, up 3.4% from a year ago. Asking price per square foot is flat, so read the median with care: it moves with which homes happen to be listed. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Oxnard figures cover the 7 ZIP codes with an Oxnard mailing address, which can reach past city limits.

Is Oxnard a buyer's or seller's market in 2026?

Neither side has the upper hand in Oxnard right now. We compare Oxnard with 2017–2019 at this time of year: there are 44 pending sales per 100 listings, against 76 then; the typical listing has been up 26% more days; there are 18% fewer homes for sale.

Are Oxnard home prices going up or down?

The median asking price is 16.7% below its Feb 2024 peak. Per square foot the gap is smaller: 4.2% below the Feb 2024 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

What is the best month to buy a house in Oxnard?

Across 9 full years, Oxnard asking prices ran lowest in January, about 6.1% below the year's average. They peaked in August. The most homes for sale show up in June, about 16% above the yearly average.

What is the fair market rent in Oxnard?

HUD's fiscal year 2026 fair market rent for Ventura County is $2,693 a month for 2 bedrooms and $3,652 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.