How much is a home worth in ZIP code 93023?

The typical home in 93023 is worth $1,152,475, based on the Zillow Home Value Index.

Are home values rising in 93023?

Home values in 93023 are down 1.3% over the past year, and up 4.5% a year over five years.

What is the typical rent in 93023?

A typical home in 93023 rents for about $3,935 a month, a gross rental yield of 4.1%.

What is the property tax rate in 93023?

The effective property tax rate in 93023 is 0.6% — roughly $6,841 a year on a typical home.

ZIP code 93023 has a population of 21,036 and a median household income of $80,927.

HousingHandbookReference data

…

U.S. ZIP Code · CA93023

Ventura County · Oxnard-Thousand Oaks-Ventura, CA

Typical home value

$1,152,475^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.3%
5-year / yr: +4.5%
10-year / yr: +5.5%

Relative price

vs U.S.: +305.7%
vs metro: +27.6%
vs state: +64.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 93023 is worth $1,152,475 — 27.6% above the Oxnard-Thousand Oaks-Ventura, CA median. Over the past year, values have fallen 1.3%. Homes here rent for a typical $3,935 a month — a 4.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,935^[2]
Gross yield: 4.1%^[2]
Cap rate: 2.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $6,841^[3]

#Climate risk

FEMA National Risk Index ratings for Ventura County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Moderate
Wildfire: Relatively High
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: No Rating
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Very Low

#Who lives here

Population: 21,036^[3]
Median household income: $80,927^[3]

#Migration

Household moves in and out of Ventura County over a year, from IRS tax-return data.

Net migration: -2,337^[5]
Moved in: 15,164
Moved out: 17,501

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 3
Middle: 1
High: 3

Nordhoff High
High · Grades 9–12 · Ojai Unified
620 students
Mira Monte Elementary
Elementary · Grades K–6 · Ojai Unified
509 students
Topa Topa Elementary
Elementary · Grades K–6 · Ojai Unified
355 students
Nordhoff Jr. High
Middle · Grades 7–8 · Ojai Unified
281 students
El Camino High
High · Grades 9–12 · Ventura Unified
218 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.1%

Net yield (after ~40% expenses)2.5%

Annual rent$47,225

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$5,828

Loan principal$921,980

Down payment$230,495

Total interest paid$1,175,935

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.87

Monthly cost to own$7,355

Monthly rent$3,935

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 68th percentile^[1]
Rental yield: 72nd percentile^[2]
Property tax: 8th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 93023?: The typical home in 93023 is worth $1,152,475, based on the Zillow Home Value Index.
Are home values rising in 93023?: Home values in 93023 are down 1.3% over the past year, and up 4.5% a year over five years.
What is the typical rent in 93023?: A typical home in 93023 rents for about $3,935 a month, a gross rental yield of 4.1%.
What is the property tax rate in 93023?: The effective property tax rate in 93023 is 0.6% — roughly $6,841 a year on a typical home.
Who lives in 93023?: ZIP code 93023 has a population of 21,036 and a median household income of $80,927.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

91377 vs 93023 →
Oak Park CDP, CA
Typical home
$1,153,388
Gross yield
3.5%
91362 vs 93023 →
Thousand Oaks, CA
Typical home
$1,209,266
Gross yield
3.8%
91320
Thousand Oaks, CA
Typical home
$1,029,100
Gross yield
4.0%
91360
Thousand Oaks, CA
Typical home
$1,024,751
Gross yield
3.9%
93001
San Buenaventura (Ventura), CA
Typical home
$987,679
Gross yield
3.8%
93021
Moorpark, CA
Typical home
$945,380
Gross yield
3.6%

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#Jump to section

U.S. ZIP Code · CA93023

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