Is Oxford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Oxford has remained a Seller'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, MA
How much do homes in Oxford, MA cost?
Median Sold Price
$380,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Oxford have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Oxford was $380,000 in June 2024, up 8.6% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.2K | $205.7K | +7.0% |
| 2 Bedrooms | $284.5K | $305K | +7.2% |
| 3 Bedrooms | $400K | $390K | -2.5% |
| 4 Bedrooms | $477.4K | $475K | -0.5% |
| 5+ Bedrooms | $418K | $558.5K | +33.6% |
Summary: Oxford housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 7.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 33.6%.
Housing Supply in Oxford, MA
How many homes are available in Oxford, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 54 | 45 | -16.7% |
Summary: The Oxford real estate market had 45 homes for sale in June 2024, a 16.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 12 | 8 | -33.3% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The Oxford housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford, you could pay more than the asking price. 76.5% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Oxford in June 2024, down by 10.5% month-over-month. Of the 17 sold homes, 18% were sold under asking, 6% were sold at asking, and 76% were sold over asking.
Days on Market for Oxford, MA
How long does it take to sell a home in Oxford, MA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 17 Days | 30 Days | +73.1% |
Summary: Homes in Oxford had an average of 30 days on market in Jun 2024, up by 73.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oxford are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 17 homes were sold in Oxford; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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