Oxnard, CA

Population: 203,007
Average annual home appreciation rate: 6.68%
Total of homes for sale in this market: 298
Median home price: $402,848
Median Rent: $1,579 per room
Home price range: 29.48% of homes are between $373,001 – $498,000
Median sales price: Still gathering data
Number of homes: 311
Median foreclosure sales price: $367,500
Foreclosure discount: Still gathering data
Most common home type: 56.70% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.27%
Number of renters: 45.57%
Number of owner occupied: 54.43%
Number people living below poverty level: 16.69%
Unemployment rate: 6.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Oxnard area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *