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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxford is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Oxford has remained a Buyer's Market.

Key Takeaway

Oxford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Oxford, FL

How much do homes in Oxford, FL cost?

Median Sold Price

$339,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$30,500(-8.3%)

Key Takeaway

Homes in Oxford have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in Oxford was $339,000 in May 2024, down 8.3% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $225K$205K
-8.9%
2 $245K$239.4K
-2.3%
3 $372K$330.3K
-11.2%
4 $402.5K$439.9K
+9.3%
5+ $2.1M$475K
-77.6%

Summary: Oxford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 77.6%.

Median Sold Price Compared To Nearby Cities

Wildwood
+4.2%
The Villages
-1.5%
Summerfield
-4.0%
Oxford
-8.3%

Housing Supply in Oxford, FL

How many homes are available in Oxford, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7071+1.4%

Summary: The Oxford real estate market had 71 homes for sale in May 2024, a 1.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1010
0.0%
3 3634
-5.6%
4 1921
+10.5%
5+ 34
+33.3%

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 5.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
178-52.9%

Asking Price vs. Sold Price

6 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. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Oxford in May 2024, down by 52.9% 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, FL

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

Average Sale Time

May 2023May 2024CHANGE
31 Days37 Days+21.5%

Summary: Homes in Oxford had an average of 37 days on market in May 2024, up by 21.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Oxford; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Oxford, FL

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What housing markets are near Oxford, FL?