When talking to Korean families who have decided to move to Thousand Oaks, you often hear that they chose this area because of Ventura County's unique quiet living environment.

According to Zillow, the median home value in Thousand Oaks was about $730,000 at the beginning of 2021, and as of 2026, it has surpassed $994,000. The increase over five years is about 36 percent, which fits comfortably within the national average cumulative increase range of 35-45 percent.

Looking at it year by year, the steepest rise occurred from late 2020 to 2021, when a surge of remote workers moved from downtown Los Angeles. From late 2022 to 2023, the upward trend significantly slowed due to rising interest rates. Since 2024, a gentle plateau has been observed.

The consistent demand in this area can be attributed to the presence of excellent school districts and a relatively high number of single-family homes with larger lots, as well as families seeking a quiet living environment while maintaining a reasonable distance from downtown Los Angeles.

The first concern that comes to mind is whether this neighborhood is the right fit, even if it means tolerating a longer commute. In fact, most families that choose this area often prioritize their children's education and a safe living environment when making their decision.

Future prospects should be viewed cautiously. With limited new land supply, structural downward pressure on prices does not seem significant, but as long as high interest rates persist, the recent gentle plateau trend may continue for a while.

For Korean households, this area remains an attractive option in terms of school districts and living conditions, but it seems wise to make a decision after thoroughly considering commute distances and lifestyle patterns. If considering selling, it would be advisable to take your time in determining the timing, given the area's characteristics of not experiencing drastic price fluctuations.