Home values across Thousand Oaks, Newbury Park, and Moorpark are still inching higher, Woodland Hills has leveled off, and mortgage rates just fell for a third straight week. Here is what that means if you are thinking about selling, moving up, or downsizing.
By Rachael Hughel, Realtor® · DRE #01218759 · eXp Realty of California, Inc. · Published November 12, 2026
The Quick Read
- Values are steady to slightly up in the Conejo Valley: Thousand Oaks +1.8%, Newbury Park +1.6%, and Moorpark +2.4% year over year.
- Woodland Hills is flat at -0.5%, with homes taking about 39 days to go pending, so buyers have more negotiating room there.
- Mortgage rates are easing to 7.18% after peaking at 7.40% in early October, but they are still about a full point higher than a year ago.
- Well-priced homes still move quickly. Newbury Park homes are going pending in about 24 days and Thousand Oaks homes in about 28.
Conejo Valley Home Values by the Numbers
Here is where typical home values stood at the end of the third quarter in the four communities I work in every day.
| Community | Typical Value | 1-Yr Change | Time to Pending |
|---|---|---|---|
| Thousand Oaks | $1,027,235 | +1.8% | ~28 days |
| Newbury Park | $1,004,130 | +1.6% | ~24 days |
| Moorpark | $932,870 | +2.4% | n/a |
| Woodland Hills | $1,166,635 | -0.5% | ~39 days |
Source: Zillow Home Value Index, data through September 30, 2026. Time to pending is Zillow’s typical days to pending for each community.
The headline is stability. Even with rates above 7% for most of the fall, Conejo Valley values did not slip. Inventory here has stayed tight because so many owners are holding onto homes they bought years ago, often with very low mortgage rates. Fewer listings means the good ones still get attention.
What Mortgage Rates Are Doing
Freddie Mac’s weekly survey put the 30-year fixed average at 7.18% on November 5, 2026. That was the third weekly drop in a row, down from 7.40% in early October, which was the highest level in nearly three years. A year ago, the same average was 6.22%.
For buyers, every small drop helps monthly payments. For sellers, it means more buyers are coming back off the sidelines heading into the end of the year.
What This Means for You
If You Are Selling
Buyers are careful right now, but they are buying. The homes that sell fastest in Thousand Oaks and Newbury Park are priced against the most recent sales on their own streets and look their best from day one. Overpricing is the most expensive mistake I see, because a home that sits loses leverage. In Woodland Hills, where the market is more balanced, sharp pricing matters even more.
If You Are a Move-Up Buyer
If you have been waiting to move into a bigger home, the gap between communities can work in your favor. Moorpark’s typical value is roughly $94,000 below Thousand Oaks, and many families find a larger or newer home there without leaving the area. The key is selling and buying in one coordinated plan so you only move once. I break down every option, from contingent offers to rent-backs, in my move-up buyer guide.
If You Are Thinking About Downsizing
Longtime Conejo Valley homeowners are sitting on significant equity. If you are 55 or older, California’s Prop 19 can let you carry your low property tax base to a single-story replacement home anywhere in the state, up to three times. That makes downsizing far more affordable than many people expect. Read my senior downsizing guide for a simple Prop 19 example.
If You Are Buying
Easing rates and steady inventory make this a reasonable window, especially in Woodland Hills, where homes are taking longer to go pending and sellers are more open to negotiating. In the Conejo Valley, be ready to move quickly on the right home. I send new listings to my buyers the moment they hit the market.
My Take
I live in Thousand Oaks, and what I am seeing on the ground matches the numbers: steady prices, careful buyers, and well-prepared homes still selling in a few weeks. In 2026 I have closed sales in Thousand Oaks, Moorpark, and Woodland Hills, and every one of them came down to the same things: smart pricing, strong presentation, and firm negotiating.
If you are wondering what your home would sell for today, or what your next move could look like, I am happy to run the numbers for you, with no pressure.
Frequently Asked Questions
What is the average home price in Thousand Oaks in fall 2026?
The typical Thousand Oaks home value was $1,027,235 as of September 30, 2026, up 1.8% over the prior year, according to the Zillow Home Value Index.
Are Conejo Valley home prices going down?
No. As of September 30, 2026, typical values were up year over year in Thousand Oaks (+1.8%), Newbury Park (+1.6%), and Moorpark (+2.4%). Woodland Hills, in the nearby west San Fernando Valley, was essentially flat at -0.5%.
What are mortgage rates in November 2026?
Freddie Mac reported a 30-year fixed average of 7.18% for the week of November 5, 2026, the third straight weekly decline after reaching 7.40% in early October, but still about one percentage point higher than a year earlier.
Want a Report for Your Neighborhood?
I will put together a free, street-level value estimate for your home and walk you through your options.
Sources: Zillow Home Value Index for Thousand Oaks, Newbury Park, Moorpark, and Woodland Hills, data through September 30, 2026. Freddie Mac Primary Mortgage Market Survey, November 5, 2026. California State Board of Equalization guidance on Proposition 19.
Explore more: All service areas · Thousand Oaks · Newbury Park · Moorpark · Woodland Hills