Bottom line up front, as of October 2026: the Conejo Valley median sale price sits near $1.1 million, median days on market runs roughly 33 to 63 days depending on ZIP code, roughly 575 homes are active across the six core ZIPs, and about 4 in 10 active listings have taken at least one price reduction. Source: CRMLS data compiled by DB Real Estate Group, with ZIP level medians from Redfin Data Center for periods ending between January and July 2026.
Key Takeaways
- The Conejo Valley median sale price is near $1.1 million as of October 2026, with median days on market ranging from roughly 33 to 63 depending on ZIP code.
- ZIP code 91360 in Thousand Oaks saw median days on market rise to 63 from 43 a year earlier, while Westlake Village homes sold in about 34 days.
- Median sale prices span nearly $1 million across ZIP codes, from $1,017,500 in 91360 Thousand Oaks to $1,950,000 in 91302 Calabasas.
- About 4 in 10 active Conejo Valley listings have had at least one price reduction, with roughly 575 homes active across six core ZIP codes.
- Months of supply ranges from 2.2 in Oak Park to 5.6 in Calabasas, indicating a seller favored market under four months and buyer leverage above it.
Last updated: October 2026 by Davis Bartels, Licensed California Broker
If you are reading this Conejo Valley housing market report because you keep seeing conflicting headlines, here are the two numbers that explain the confusion: Redfin reported 91360 homes selling after 63 days on market versus 43 days a year earlier, while Westlake Village posted a three month median of roughly $1.85 million with homes moving in about 34 days. Same valley, two completely different markets. Averaging them together is how sellers end up overpriced and buyers end up frustrated.
What are median home prices and days on market in each Conejo Valley ZIP code?
A single valley wide median masks a spread of nearly $1 million between the least and most expensive ZIP codes in this report. In 91320 Newbury Park, Redfin shows a median sale price of $1,056,761 for the three months ending June 2026, up 3.6% year over year, at $530 per square foot. In 91302 Calabasas, our CRMLS tracking puts the median near $1.95 million with meaningfully longer marketing times.
| ZIP / Area | Median Sale Price | $ / Sq Ft | Median DOM | Active Inventory | Months of Supply | Sold vs. List |
|---|---|---|---|---|---|---|
| 91360 Thousand Oaks (central / west) | $1,017,500 | $478 | 63 | 128 | 3.1 | 1.4% under |
| 91320 Newbury Park | $1,056,761 | $530 | 40 | 143 | 3.4 | 1.1% under |
| 91377 Oak Park | $1,180,000 | $570 | 33 | 28 | 2.2 | 0.5% over |
| 91301 Agoura Hills | $1,325,000 | $600 | 45 | 62 | 3.3 | 1.8% under |
| 91362 Thousand Oaks / Westlake Village | $1,410,000 | $699 | 39 | 105 | 4.1 | 2.3% under |
| 91302 Calabasas | $1,950,000 | $690 | 58 | 112 | 5.6 | 3.5% under |
Medians, price per square foot and days on market for 91360, 91320 and 91362 per Redfin market pages for periods ending January through July 2026. Inventory, months of supply and the 91377, 91301 and 91302 figures reflect DB Real Estate Group tracking of CRMLS, October 2026. For context, Zillow placed the typical Thousand Oaks home value at $1,047,273 as of its July 31, 2026 update, against $883,335 for Ventura County.
Median Sale Price by Conejo Valley ZIP Code
Source: Redfin ZIP and city market data (periods ending June and July 2026) plus DB Real Estate Group CRMLS tracking, October 2026.
How long are homes actually taking to sell in Thousand Oaks and Westlake Village?
Speed, not price, is where this market shifted. Redfin shows Thousand Oaks citywide at about 42 days for the three months ending July 2026, essentially flat against 44 days a year earlier, while 91360 stretched to 63 days from 43. Newbury Park tightened slightly to 40 days from 43. Agoura Hills days on market now sits in the mid 40s, and Calabasas listings above $2 million routinely pass 60 days. The pattern I see in my own escrows is simple: correctly priced homes in Lang Ranch, Dos Vientos and Oak Park still go to contract inside two weeks, while anything priced on 2022 comps sits. That is exactly why so many listings stall out around the seven week mark before the first reduction.
Median Days on Market: 2026 vs. 2025
Source: Redfin market pages for 91320, 91360, Thousand Oaks and Westlake Village, periods ending May through July 2026.
Why does the Conejo Valley behave like three separate markets by price band?
Under $1 million. This is condos, townhomes and older single story tracts off Erbes, Avenida de las Flores and Reino Road. PropertyShark data for Q1 2026 put the Thousand Oaks condo median at $514,000 against $1.1 million for detached houses. This band is the tightest in the valley because it is the only entry point for buyers priced out of 91362, and it is where the monthly payment math decides everything.
$1 million to $2 million. The core family market: four bedroom homes in Lang Ranch, Wildwood, Oak Park and the Westlake North tracts. Homes.com reports the Westlake Village single family median sale price at $1,475,000 with average price per square foot of $717. Buyers in this band cross shop ZIPs aggressively, which is why the $350,000 gap between Newbury Park and Westlake Village drives so many of my showing routes.
$2 million and up. North Ranch, Lake Sherwood, Hidden Hills and the gated Calabasas communities. Supply here runs above five months, buyers are selective, and sellers concede the most on price. This is also the band where inspection findings on pools, slopes and 1990s plumbing reopen negotiations after acceptance.
Is it a buyers or sellers market in the Conejo Valley right now?
Technically balanced, practically split. Months of supply ranges from about 2.2 in Oak Park to 5.6 in Calabasas, and anything under four months still favors sellers. Houzeo's reading has Westlake Village at 3.8 months with homes closing at 99.76% of asking price. Meanwhile 91302 and the upper end of 91360 have handed negotiating power to buyers. With the 30 year fixed hovering in the 6% range per the Freddie Mac Primary Mortgage Market Survey, payment sensitivity is real, and so is the move up logjam. Longtime owners near Wildwood Regional Park with 1990s tax bases increasingly carry that assessed value to the next house (confirm your own eligibility with a CPA or tax professional). You can check your current assessed value through the Ventura County Assessor. In my experience, school attendance boundaries remain the strongest non price driver, particularly Oak Park Unified and the Conejo Valley Unified feeders, both of which you can compare on GreatSchools. Walkability to places like The Stonehaus, Mastro's Steakhouse and The Oaks also seems to help homes in the 91361 and 91362 pockets move faster, at least in the showings I run. For the full seasonal arc, compare these figures to where the valley opened the year and to how summer closed out.
Frequently Asked Questions About the Conejo Valley Housing Market
Are home prices dropping in Thousand Oaks?
Not uniformly. Redfin shows Thousand Oaks citywide down about 5.0% year over year at a $1.1 million median for the three months ending July 2026, yet 91360 posted a 4.4% annual gain in January 2026 at $1,017,500 (an earlier period, so the two figures are not directly comparable). Condos have softened hardest. Detached homes in strong school boundaries are holding value with longer marketing times.
How long do homes take to sell in Westlake Village?
About 34 to 49 days depending on the source and period. Redfin recorded 34 days for the three months ending May 2026, up from 27 days a year earlier, while trailing twelve month figures run closer to 49 days. Homes priced correctly in the first ten days still draw offers near list; overpriced listings commonly cross 70 days.
Is now a good time to sell in Oak Park?
Oak Park is the strongest seller position in the valley right now. Our CRMLS tracking shows roughly 28 active listings, about 2.2 months of supply, a median near $1,180,000, and homes closing around 33 days, with some selling slightly over list. Limited inventory plus Oak Park Unified demand has kept competition tight into fall 2026.
Which Conejo Valley ZIP has the most price reductions?
91302 Calabasas and the luxury tier generally. Across the six core ZIPs, roughly 40% of active listings carried at least one price cut as of October 2026, with the highest share above $2 million and the lowest in 91377. Buyers tracking reductions should watch listings that pass 45 days without an offer.
Your ZIP's median is not your home's value. If a Conejo Valley Home Value Report would be useful, I'll send you the three most recent comparable sales on or near your street, a realistic 30/60/90 day pricing window, and how I would approach pricing it. Text your address to (805) 341-6125 and I'll put it together.
Tracking price drops as a buyer? Ask to be added to the monthly "Conejo Valley Market Numbers" email: ZIP level medians, days on market, and every active listing that reduced its price last month, delivered the first week of each month. Text NUMBERS and your target ZIP codes to the number above.
Thinking About Buying or Selling in the Conejo Valley?
Davis Bartels and the DB Real Estate Group have served families across the Conejo Valley and Ventura County since 2009. If any of the numbers above apply to a move you are weighing, I am happy to talk it through, no pressure.
Contact Davis: davisbartels.com or (805) 341-6125
