Is Oxford, CT 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 May 2023

At the same time last year, Oxford was a Buyer'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, CT

How much do homes in Oxford, CT cost?

Median Sold Price

$540,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$55,000(+11.3%)

Key Takeaway

Homes in Oxford have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Oxford was $540,000 in May 2024, up 11.3% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $299K$280K
-6.4%
2 $500K$535K
+7.0%
3 $418K$455.4K
+9.0%
4 $582.5K$600K
+3.0%
5+ $714.9K$755K
+5.6%

Summary: Oxford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Seymour
+20.3%
Middlebury
+19.1%
Oxford
+11.3%
Beacon Falls
+7.9%
Southbury
+5.5%

Housing Supply in Oxford, CT

How many homes are available in Oxford, CT?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4640-13.0%

Summary: The Oxford real estate market had 40 homes for sale in May 2024, a 13.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 119
-18.2%
3 1512
-20.0%
4 1816
-11.1%
5+ 22
0.0%

Summary: The Oxford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxford, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Oxford in May 2024, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.

Days on Market for Oxford, CT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in Oxford, CT

Nearby Markets to Oxford, CT

What housing markets are near Oxford, CT?