The housing in Oxford, IN is a great bargain when compared to the US median value. The housing median value in Oxford, IN is currently at $165,800 which is considerably lower than the US median of $338,100. This provides potential buyers with an opportunity to invest in a more affordable home. In addition to being more frugal, buyers will also benefit from higher house appreciation rate over the past year. Oxford’s 1 year house appreciation rate is 10.75%, significantly higher than the nation’s 8.27%. Investing in property in Oxford promises not only a cheaper purchase but also a greater return on investment than other parts of the country.
The median home cost in Oxford is $165,800. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Oxford is up 14.6%.
Average Age of Homes
- The median age of Oxford real estate is 61 years old
The Rental Market in Oxford
- Renters make up 29.7% of the Oxford population
- 1.0% 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.