Newbury Park CA Homes For Sale
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Newbury Park median real estate price is $445,073, which is less expensive than 60.5% of California neighborhoods and 60.5% of all U.S. neighborhoods.
The average rental price in Newbury Park is currently $2,673, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 84.1% of the neighborhoods in California.
Newbury Park is an urban neighborhood (based on population density) located in Thousand Oaks, California.
Newbury Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Newbury Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Newbury Park, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 95.9% of all neighborhoods in the U.S. This means that the housing supply in Newbury Park is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout’s exclusive exploration and analysis.
Notable & Unique: People
Of note is NeighborhoodScout’s research finding that the Newbury Park neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Newbury Park community truly stands out from the rest in this regard.
In addition, the Newbury Park neighborhood stands out within California for its college student friendly environment. NeighborhoodScout’s analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.8% of college-friendly places to live in CA. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates and active retirees.
Notable & Unique: Diversity
Did you know that the Newbury Park neighborhood has more British and Russian ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 3.0% of this neighborhood’s residents have British ancestry and 5.1% have Russian ancestry.
Newbury Park is also pretty special linguistically. Significantly, 5.9% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
Our research reveals that 94.3% of commuters who live in the Newbury Park neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.9% of U.S. neighborhoods.
Notable & Unique: Real Estate
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Newbury Park neighborhood could be your paradise. With 28.0% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.7% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.8% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Newbury Park neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.