Is Oxford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oxford Township was a Seller's Market.
Key Takeaway
Oxford Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oxford Township, PA
How much do homes in Oxford Township, PA cost?
Median Sold Price
$405,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oxford Township have sold for 26.1% more than they did a year ago.
Summary: The median home sold price in Oxford Township was $405,000 in May 2024, up 26.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $190K | -13.6% |
| 3 Bedrooms | $295.5K | $365K | +23.5% |
| 4 Bedrooms | $425K | $442.5K | +4.1% |
| 5+ Bedrooms | $353K | $448.5K | +27.1% |
Summary: Oxford Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Cities
| Oxford Township | $321.2K | $405K | +26.1% |
| Berwick Township | $168K | $205K | +22.0% |
| Mount Pleasant Township | $181K | $210K | +16.0% |
| Conewago Township | $259K | $255.5K | -1.4% |
Housing Supply in Oxford Township, PA
How many homes are available in Oxford Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 52 | -5.5% |
Summary: The Oxford Township real estate market had 52 homes for sale in May 2024, a 5.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 39 | 32 | -17.9% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Oxford Township 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 100%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Oxford Township in May 2024, down by 57.1% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Oxford Township, PA
How long does it take to sell a home in Oxford Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 45 Days | +60.7% |
Summary: Homes in Oxford Township had an average of 45 days on market in May 2024, up by 60.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oxford Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Oxford Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
