The median home price in Thousand Oaks, CA in 2026 is around $1 million to $1.1 million. According to Redfin's March 2026 data, the median transaction price is recorded at $1.1 million (a 3.1% increase from the previous year), while data from Houzeo and Zillow shows it at $1,027,500. Are you feeling anxious? Watching the $1 million threshold fluctuate makes it understandable to wonder whether to buy now or wait. To conclude, the market is moving towards a gradual stability, neither soaring nor plummeting.

In terms of inventory, as of February 2026, there are 444 active listings, which is about a 23% increase compared to the same month last year (361 listings). This signals a slight increase in supply, but the absorption period remains at just 1.45 months, indicating a seller's market. Typically, a balanced market is classified as having over six months of inventory, so buyers still find it challenging to gain negotiating power. In fact, homes sold in April were closed at about 99.39% of the asking price, with an average listing absorption period of around 61 days (Houzeo, April 2026).

Notably, the number of transactions in Thousand Oaks in April 2026 surged to 119, a 50.63% increase compared to the same month last year. This indicates that pent-up buyer demand is entering the market as mortgage rate pressures ease. The 30-year fixed mortgage rate has shown a gradual decline since peaking in the second half of 2025, which is a key factor in the recovery of transaction volume (Freddie Mac Primary Mortgage Market Survey, 2026).

Looking at price forecasts, both the Cash for Houses CA report (April 2026) and the Conejo Valley Guy market update (December 2025) predict a gradual increase of 2-4% in Thousand Oaks home prices for 2026. This represents a normalization phase, distinct from the spikes of 2020-2022 or the sharp declines of 2023. Experts advise that for those considering selling, the first half of this year may be a relatively favorable time before inventory increases further.

• Median transaction price (March 2026): $1.1 million (up 3.1% year-over-year) - Redfin
• Median transaction price (April 2026): $1,025,000 - Houzeo / Cash for Houses CA
• Active inventory (February 2026): 444 listings (up 23% year-over-year)
• Absorption period: 1.45 months (seller's market)
• Sale price to asking price ratio: 99.39%
• Number of transactions in April 2026: 119 (up 50.63% year-over-year)
• Average listing absorption period: 61 days
• 2026 price forecast: gradual increase of 2-4%

Thousand Oaks is a market supported by consistent demand due to its excellent school districts, low crime rates, and natural environment within Conejo Valley. While inventory is gradually increasing, the entry price itself hovers above $1 million, so careful consideration of financial planning and mortgage conditions is essential. Especially if you are considering selling before inventory loosens further, keep in mind that the current market atmosphere is not unfavorable. Of course, market conditions can change at any time, so it is advisable to consult with a local real estate expert. (Sources: Redfin, Houzeo, Cash for Houses CA, Zillow, Conejo Valley Guy, Freddie Mac, 2026 / This article does not constitute investment or legal advice, and it is recommended to consult with professionals before any actual contracts.)