Is Oxford, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Oxford was a Seller's Market.
Key Takeaway
Oxford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Oxford, MD
How much do homes in Oxford, MD cost?
Median Sold Price
$2,500,000
$560/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Oxford have sold for 155.8% more than they did a month ago.
Summary: The median home sold price in Oxford was $2,500,000 in April 2024, up 155.8% from last month, and the median price per square foot was $560.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $460K | - | N/A |
| 3 Bedrooms | - | $800K | N/A |
| 4 Bedrooms | $1.0M | - | N/A |
| 5+ Bedrooms | - | $2.5M | N/A |
Summary: Oxford housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Oxford, MD
How many homes are available in Oxford, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The Oxford real estate market had 20 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Oxford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oxford, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Oxford in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Oxford, MD
How long does it take to sell a home in Oxford, MD?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 69 Days | +26.7% |
Summary: Homes in Oxford had an average of 69 days on market in Apr 2024, up by 26.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 April 2024, 3 homes were sold in Oxford; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
