Ojai Housing Market Report – May 2026
Here's a look at how the Ojai, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 36
- Median Sale Price: $1,397,000
- Average Sale Price: $1,572,194
- Average Price Per Sq Ft: $712
- Average Days on Market: 80
- Sale-to-List Price Ratio: 97.7%
Month-Over-Month Trends
Compared to April, the median sale price in Ojai moved 24.2% up (from $1,125,000 to $1,397,000). The number of homes sold was 16.1% up compared to the prior month (31 vs. 36). Average days on market shifted 2.4% down (82 days to 80 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 41.1% up (from $990,000 to $1,397,000). Sales volume is 71.4% up year-over-year.
What This Means
Ojai's real estate market is firing on all cylinders this May, though some caution is warranted when interpreting the headline numbers. The 71.4 percent year-over-year jump in sales volume likely reflects improved data collection rather than an actual market explosion, so focus instead on the median price surge of 41.1 percent year-over-year—that's the genuinely significant story. Homes are moving faster too, with days on market dropping to 80 from 82, suggesting strong buyer interest in this desirable Ventura County community.
The 97.7 percent sale-to-list ratio reveals sellers still have considerable leverage. The gap between median and average sale prices (roughly $175,000) hints at a bifurcated market where higher-end properties are pulling the average upward. That 24.2 percent month-over-month median price jump is notable and worth watching to see if it's sustainable or seasonal volatility heading into summer. With 153 active listings at a $1.64 million median asking price and lingering inventory sitting around 100 days on market, buyers finally have breathing room compared to recent years.
This isn't a buyer's market yet, but the ratio of inventory to sales suggests momentum may be shifting gradually in their favor.
Ojai Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93023 | 36 | $1,397,000 | $712 | 80 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 25 | $1,574,000 | $838 |
| MOBILE | 6 | $271,500 | $238 |
| LAND | 4 | $1,356,000 | N/A |
| CONDOS | 1 | $535,000 | $523 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 4 |
| $300K - $399K | 2 |
| $500K - $749K | 2 |
| $750K+ | 28 |
Current Active Listings
As of this report, there are 153 active listings in Ojai with a median asking price of $1,640,000 and an average of 100 days on market.
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