Is Oxford, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Oxford has remained a Buyer's Market.
Housing Prices in Oxford, FL
How much do homes in Oxford, FL cost?
Median Sold Price
$339,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oxford was $339,000 in May 2024, down 8.3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $205K | -8.9% |
2 Bedrooms | $245K | $239.4K | -2.3% |
3 Bedrooms | $372K | $330.3K | -11.2% |
4 Bedrooms | $402.5K | $439.9K | +9.3% |
5+ Bedrooms | $2.1M | $475K | -77.6% |
Summary: Oxford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 77.6%.
Median Sold Price Compared To Nearby Cities
Wildwood | $310.1K | $323.1K | +4.2% |
The Villages | $385.3K | $379.5K | -1.5% |
Summerfield | $285K | $273.5K | -4.0% |
Oxford | $369.5K | $339K | -8.3% |
Housing Supply in Oxford, FL
How many homes are available in Oxford, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
70 | 71 | +1.4% |
Summary: The Oxford real estate market had 71 homes for sale in May 2024, a 1.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 36 | 34 | -5.6% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Oxford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 8 | -52.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Oxford in May 2024, down by 52.9% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Oxford, FL
How long does it take to sell a home in Oxford, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 37 Days | +21.5% |
Summary: Homes in Oxford had an average of 37 days on market in May 2024, up by 21.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Oxford; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.