Is Oxford, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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, OH

How much do homes in Oxford, OH cost?

Median Sold Price

$257,450

$147/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$52,550(-17.0%)

Key Takeaway

Homes in Oxford have sold for 17% less than they did a month ago.

Summary: The median home sold price in Oxford was $257,450 in May 2024, down 17% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 $310K$364.9K
+17.7%
4 $385K$178.9K
-53.5%
5+ -$380K
N/A

Summary: Oxford housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 53.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oxford
-17.0%
Oxford Township
-17.0%

Housing Supply in Oxford, OH

How many homes are available in Oxford, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1721+23.5%

Summary: The Oxford real estate market had 21 homes for sale in May 2024, a 23.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 710
+42.9%
5+ 24
+100.0%

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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxford, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Oxford in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Oxford, OH

How long does it take to sell a home in Oxford, OH?

Average Sale Time

Apr 2024May 2024CHANGE
29 Days57 Days+96.6%

Summary: Homes in Oxford had an average of 57 days on market in May 2024, up by 96.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oxford has remained consistent over time.

Summary: During May 2024, 6 homes were sold in Oxford; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Oxford, OH

Nearby Markets to Oxford, OH

What housing markets are near Oxford, OH?