Is New Oxford, PA 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, New Oxford has remained a Seller's Market.
Key Takeaway
New Oxford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Oxford, PA
How much do homes in New Oxford, PA cost?
Median Sold Price
$244,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in New Oxford have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in New Oxford was $244,000 in April 2024, up 8.4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $227K | $158.7K | -30.1% |
| 3 Bedrooms | $219.8K | $257.5K | +17.2% |
| 4 Bedrooms | $282.5K | $265K | -6.2% |
| 5+ Bedrooms | $311K | $500K | +60.8% |
Summary: New Oxford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 60.8%.
Median Sold Price Compared To Nearby Cities
| Oxford Township | $305K | $405K | +32.8% |
| New Oxford | $225K | $244K | +8.4% |
Housing Supply in New Oxford, PA
How many homes are available in New Oxford, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The New Oxford real estate market had 21 homes for sale in April 2024, a 22.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The New Oxford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Oxford, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in New Oxford in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 38 Days | +55.2% |
Summary: Homes in New Oxford had an average of 38 days on market in Apr 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Oxford are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in New Oxford; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
