Is New Oxford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, New Oxford was a Seller's Market.
Key Takeaway
New Oxford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Oxford, PA
How much do homes in New Oxford, PA cost?
Median Sold Price
$243,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in New Oxford have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in New Oxford was $243,000 in March 2024, up 10.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222.5K | $168.5K | -24.3% |
| 3 Bedrooms | $209.9K | $255K | +21.5% |
| 4 Bedrooms | $282.5K | $262.4K | -7.1% |
| 5+ Bedrooms | $331K | $500K | +51.1% |
Summary: New Oxford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.3%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 51.1%.
Median Sold Price Compared To Nearby Cities
| Oxford Township | $312K | $397.4K | +27.4% |
| New Oxford | $219.8K | $243K | +10.6% |
Housing Supply in New Oxford, PA
How many homes are available in New Oxford, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Summary: The New Oxford real estate market had 35 homes for sale in March 2024, a 5.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The New Oxford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Oxford, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in New Oxford in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for New Oxford, PA
How long does it take to sell a home in New Oxford, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 35 Days | +15.0% |
Summary: Homes in New Oxford had an average of 35 days on market in Mar 2024, up by 15% compared to last year.
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
Key Takeaway
Many homes in New Oxford are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in New Oxford; 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.
