Thousand Oaks, Berkeley Housing Market · 2026

Data through May 2026

Thousand Oaks, Berkeley Market Snapshot

Thousand Oaks is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:

Based on 6 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$1.59M
Down 23.1% from May 2025
Down $480K from May 2025
Homes Sold
6
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,902/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,057
  • Property Tax$1,661
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
14.5 days
1 more day than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
133.9%
Down from 136.7% in May 2025
Selling 34% above asking
% Sold Over Asking
100%
100% of homes sold above their asking price
Active Listings
2
Down 33.3% from May 2025
About 0.3 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Thousand Oaks.

Median Sale Price
Down 23.1% year-over-year in Thousand Oaks. Based on 6 sales in the most recent month.
Homes Sold
54% fewer homes sold than a year ago in Thousand Oaks.
Total Monthly Payment
Estimated monthly cost is down 25% from a year ago in Thousand Oaks, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Thousand Oaks, Berkeley

Is now a good time to buy in Thousand Oaks, Berkeley?

Thousand Oaks, Berkeley is still a highly competitive market, but conditions are starting to ease. Buyers should move quickly on well-priced homes and expect to offer above asking, though the most intense bidding wars may be tapering.

How do Thousand Oaks, Berkeley home prices compare to the Bay Area average?

At $1.59M, Thousand Oaks, Berkeley's median is close to the Bay Area average of $1.85M.

This is close to the Berkeley city-wide median of $1.50M.

How competitive is Thousand Oaks, Berkeley for buyers?

Thousand Oaks, Berkeley is one of the Bay Area's more competitive markets:

  • Homes sell about 34% above asking on average
  • 100% close above list price
  • 14.5 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Thousand Oaks, Berkeley home?

At $1.59M with 20% down at 6.49%, your estimated total monthly cost is approximately $9,902:

  • $8,057 principal and interest
  • $1,661 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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