Oak View Housing Market Report – May 2026
Here's a look at how the Oak View, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 4
- Median Sale Price: $1,095,000
- Average Sale Price: $1,113,750
- Average Price Per Sq Ft: $791
- Average Days on Market: 64
- Sale-to-List Price Ratio: 99.4%
Month-Over-Month Trends
Compared to April, the median sale price in Oak View moved 39.5% up (from $785,000 to $1,095,000). The number of homes sold was 42.9% down compared to the prior month (7 vs. 4). Average days on market shifted 12.3% down (73 days to 64 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 8.2% up (from $1,012,000 to $1,095,000). Sales volume is 0.0% down year-over-year.
What This Means
Oak View's housing market is showing some interesting spring momentum, though with notable caveats. The median price jumped nearly 40 percent month-over-month to $1.095 million, which at first glance looks dramatic. However, this likely reflects normal seasonal volatility in a thin market rather than a genuine surge—only four homes sold in May, a sharp drop from April's seven sales. What's more encouraging is the year-over-year trend: prices are up a solid 8.2 percent, suggesting genuine appreciation over the longer term.
The market is definitely favoring sellers right now. Homes are selling at 99.4 percent of asking price and leaving the market in just 64 days, down from 73 days a year ago. That speed indicates decent buyer demand relative to inventory. However, the elephant in the room is those 20 active listings with a median asking price of $1.63 million—significantly higher than what's actually selling. This gap suggests some sellers may have unrealistic expectations, or there's a tier of higher-end properties sitting dormant.
Overall, Oak View remains a slow-moving market with tight liquidity, but the pricing trends and quick sales for homes at the $1.1 million price point suggest a stable, selective buyer base. Sellers should price competitively to capitalize on this brief window of buyer interest.
Oak View Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93022 | 4 | $1,095,000 | $791 | 64 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 4 | $1,095,000 | $791 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 4 |
Current Active Listings
As of this report, there are 20 active listings in Oak View with a median asking price of $1,630,000 and an average of 98 days on market.
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