Market Overview
Home Prices in Thousand Oaks, CA
The median home value in Thousand Oaks, CA is $1,052,875 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Thousand Oaks are priced157% above average. Thousand Oaks is part of the Oxnard-Thousand Oaks-Ventura, CA metro area.
Over the past five years, Thousand Oaks home values have risen by approximately20.1%, reflecting strong long-term appreciation in this market.
Price History
Thousand Oaks Home Price Trend
City Comparison
Thousand Oaks vs. National Median
At $1,052,875, homes in Thousand Oaks cost 157% above the national median of $410,000. Buyers in Thousand Oaks should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Thousand Oaks?
20% Down Payment
$210,575
on $1,052,875
Monthly P&I
$5,491/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,974/mo
incl. taxes & insurance
Income Needed
$278,960
gross annual (30% rule)
10% Down Option
$105,288
+ PMI applies
Loan Amount (20% dn)
$842,300
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Thousand Oaks, CA?
The median home value in Thousand Oaks is $1,052,875 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Thousand Oaks?
Over the past year, home values in Thousand Oaks have increased by 0.5%. Over five years, prices have risen approximately 20.1%.
How much do I need to earn to buy a home in Thousand Oaks?
To comfortably afford the median home price of $1,052,875 with a 20% down payment ($210,575) at today's rates (6.8%), you'd need a gross annual income of approximately $278,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Thousand Oaks compare to the national average home price?
The national median home value is approximately $410,000. At $1,052,875, homes in Thousand Oaks are 157% above the national average.
What metro area is Thousand Oaks part of?
Thousand Oaks is part of the Oxnard-Thousand Oaks-Ventura, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.