The housing market in Oxford, MI is strong and thriving. The median home value is $356,500 which is higher than the US median of $338,100. In addition, the rate of appreciation for homes in Oxford over the past year has been 8.00%, equal to the national average of 8.27%. This indicates a stable and healthy real estate market, with home values continuing to rise steadily in the area. With its strong economy and desirable quality of life, Oxford is a great place to invest in property for those looking to purchase or rent residential homes.
The median home cost in Oxford is $356,500. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Oxford is up 11.2%.
Average Age of Homes
- The median age of Oxford real estate is 47 years old
The Rental Market in Oxford
- Renters make up 29.7% of the Oxford population
- 0.0% of houses and apartments in Oxford, 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.