That is enough to also place it as one of the most affluent areas of the country, with median home prices upward of $700,000, even after the downturn following the most recent peak prices in 2005. Home prices in the last decade increased two and a half times on average in Newbury Park, with some exclusive Newbury Park estates reaching prices over $2.8 million.

The neighborhood is actually a part of Thousand Oaks, and is governed for the most part by that city’s government. Casa Conejo is the exception, however, which is an unincorporated part of Newbury Park, and holds the distinction of being the earliest residential development in Newbury Park. Casa Conejo, as an unincorporated area of Newbury Park, is not part of Thousand Oaks.

Newbury Park is known for its excellent schools, and is part of the Conejo Valley Unified School District. Other local amenities in the area include world renowned mountain bike trails and an abundance of open space in the Conejo Valley. Residents are known for placing a high value on preserving natural outdoor areas, which has led to a high quality of life for Newbury Park residents. As a result, Newbury Park homes are generally considered a great investment in addition to being a great place to raise a family.

While older neighborhoods have not been developed for decades, there is a small supply of new homes in Newbury Park. Dos Vientos is a newer master planned development that has only recently reached its final phase of construction. The last remaining ongoing housing development in Newbury Park is called Rancho Conejo Village, and is being built by S&S Homes.