Is Oxford, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$360,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Oxford have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Oxford was $360,000 in April 2024, up 2.9% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185.5K | $208K | +12.1% |
| 2 Bedrooms | $286K | $303.7K | +6.2% |
| 3 Bedrooms | $390.5K | $380K | -2.7% |
| 4 Bedrooms | $450K | $475K | +5.6% |
| 5+ Bedrooms | $420K | $548.5K | +30.6% |
Summary: Oxford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 30.6%.
Housing Supply in Oxford, MA
How many homes are available in Oxford, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 42 | -16.0% |
Summary: The Oxford real estate market had 42 homes for sale in April 2024, a 16.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Oxford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Oxford in April 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 15 Days | -63.7% |
Summary: Homes in Oxford had an average of 15 days on market in Apr 2024, down by 63.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oxford are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Oxford; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
