Is Oxmoor, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxmoor is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Oxmoor has remained a Seller's Market.

Key Takeaway

Oxmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oxmoor, AL

How much do homes in Oxmoor, AL cost?

Median Sold Price

$388,020

$200/sqft

Based on all homes sold in November 2023.

Difference Since Last Month

-$30,155(-7.2%)

Key Takeaway

Homes in Oxmoor have sold for 7.2% less than they did a month ago.

Summary: The median home sold price in Oxmoor was $388,020 in November 2023, down 7.2% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 --
N/A
2 -$355K
N/A
3 $418.1K$421K
+0.7%
4 --
N/A
5+ --
N/A

Summary: Oxmoor housing prices by bedroom type for November 2023 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 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oxmoor, AL

How many homes are available in Oxmoor, AL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
1619+18.8%

Summary: The Oxmoor real estate market had 19 homes for sale in November 2023, a 18.8% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 11
0.0%
3 1214
+16.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The Oxmoor housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
34+33.3%

Asking Price vs. Sold Price

2 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 Oxmoor, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Oxmoor in November 2023, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Oxmoor, AL

How long does it take to sell a home in Oxmoor, AL?

Average Sale Time

Oct 2023Nov 2023CHANGE
12 Days25 Days+114.6%

Summary: Homes in Oxmoor had an average of 25 days on market in Nov 2023, up by 114.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oxmoor are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 4 homes were sold in Oxmoor; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 6 Days Ago

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