Is Oxford, MA 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 Seller's Market.
Key Takeaway
Oxford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oxford, MA
How much do homes in Oxford, MA cost?
Median Sold Price
$368,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oxford have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Oxford was $368,000 in May 2024, up 5.1% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185.5K | $206K | +11.1% |
| 2 Bedrooms | $286K | $303.7K | +6.2% |
| 3 Bedrooms | $390K | $390K | 0.0% |
| 4 Bedrooms | $455K | $475K | +4.4% |
| 5+ Bedrooms | $438K | $530K | +21.0% |
Summary: Oxford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 21%.
Housing Supply in Oxford, MA
How many homes are available in Oxford, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 53 | +12.8% |
Summary: The Oxford real estate market had 53 homes for sale in May 2024, a 12.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
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 increased by 33.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford, you could pay more than the asking price. 63.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Oxford in May 2024, up by 46.2% month-over-month. Of the 19 sold homes, 21% were sold under asking, 16% were sold at asking, and 63% were sold over asking.
Days on Market for Oxford, MA
How long does it take to sell a home in Oxford, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 29 Days | -23.7% |
Summary: Homes in Oxford had an average of 29 days on market in May 2024, down by 23.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oxford are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in Oxford; 63% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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