Is Oxford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oxford was a Seller's Market.
Key Takeaway
Oxford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oxford, PA
How much do homes in Oxford, PA cost?
Median Sold Price
$425,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oxford have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Oxford was $425,000 in May 2024, up 13.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $215.5K | -20.2% |
| 3 Bedrooms | $340K | $390K | +14.7% |
| 4 Bedrooms | $440K | $449.9K | +2.3% |
| 5+ Bedrooms | $390K | $450K | +15.4% |
Summary: Oxford housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Cities
| Oxford | $375K | $425K | +13.3% |
| East Nottingham Township | $417.4K | $450K | +7.8% |
Housing Supply in Oxford, PA
How many homes are available in Oxford, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Oxford real estate market had 40 homes for sale in May 2024, a 4.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 29 | 23 | -20.7% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Oxford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 3 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was 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 May 2024, down by 75.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Oxford, PA
How long does it take to sell a home in Oxford, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 32 Days | +5.3% |
Summary: Homes in Oxford had an average of 32 days on market in May 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
2 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 May 2024, 3 homes were sold in Oxford; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
