Compare Oxnard, CA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Oxnard.
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December 1, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Oxnard. Understand how much you need to earn to afford a home in Oxnard, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Oxnard fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Oxnard is right for you.
The median home value for Oxnard, CA (Ventura County) is $761,186
Based on current mortgage rates and a 10% down payment, you need to make $124,717 per year to buy the median priced home in Oxnard
With this income, you could qualify for a $685,068 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Oxnard is $2,888
The median household income for Oxnard, CA (Ventura County) is $99,695
Based on this income, you can afford a home valued at approximately $608,470
The home price you can afford to buy based on household income in Oxnard is 80% of the median home value which means housing prices are very expensive. Oxnard (Ventura County) ranks 41 out of 58 counties in California and 3,101 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Oxnard, CA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Oxnard (Ventura County) below.
Conforming loan limits for Oxnard, CA
FHA loan limits for Oxnard, CA
VA loan limits for Oxnard, CA