Is Oxford Township, OH 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 Township has remained a Seller's Market.
Key Takeaway
Oxford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oxford Township, OH
How much do homes in Oxford Township, OH cost?
Median Sold Price
$380,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oxford Township have sold for 41.4% more than they did a year ago.
Summary: The median home sold price in Oxford Township was $380,500 in May 2024, up 41.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $155K | $126K | -18.7% |
| 3 Bedrooms | $276.5K | $417K | +50.8% |
| 4 Bedrooms | $307K | $380K | +23.8% |
| 5+ Bedrooms | $214K | $405K | +89.3% |
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 18.7%, 3 bedroom homes increased by 50.8%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 89.3%.
Median Sold Price Compared To Nearby Cities
| Oxford Township | $269K | $380.5K | +41.4% |
| Huron Township | $257K | $295.5K | +15.0% |
| Perkins Township | $224K | $215.5K | -3.8% |
Housing Supply in Oxford Township, OH
How many homes are available in Oxford Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 27 | +28.6% |
Summary: The Oxford Township real estate market had 27 homes for sale in May 2024, a 28.6% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Oxford Township in May 2024, up by 166.7% 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 Township, OH
How long does it take to sell a home in Oxford Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 86 Days | 60 Days | -29.8% |
Summary: Homes in Oxford Township had an average of 60 days on market in May 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oxford Township has remained consistent over time.
Summary: During May 2024, 8 homes were sold in Oxford Township; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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