The housing market in the Oxford, MS Metro Area is thriving and is a great place to own a home. Median value of a house in the area is $270,500, which is significantly lower than the US median value of $338,100. The 1 year appreciation rate for homes in Oxford, MS Metro Area is 12.50%, which is higher than the national average of 8.27%. This indicates that there is a growing demand for housing in this area and it could be an ideal time to invest in buying a property here. With its attractive housing prices and strong appreciation rate, Oxford, MS Metro Area could be an ideal place for those looking for a new home or investment opportunity.
The median home cost in Oxford Metro Area is $270,500. Home appreciation the last 10 years has been 80.2%. Home Appreciation in Oxford Metro Area is up 19.2%.
Average Age of Homes
- The median age of Oxford Metro Area real estate is 22 years old
The Rental Market in Oxford Metro Area
- Renters make up 29.0% of the Oxford Metro Area population
- 13.4% of houses and apartments in Oxford Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.