The housing market in Oxford, NC is thriving, with the median value of housing estimated at around $193,600. This is considerably lower than the US House Median Value of $338,100, yet it has shown tremendous growth over the last year with a 15.26% appreciation rate – much higher than the national average of 8.27%. This indicates that there is a great potential for real estate investment in Oxford and local residents can benefit from this positive trend.
The median home cost in Oxford is $193,600. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Oxford is up 25.0%.
Average Age of Homes
- The median age of Oxford real estate is 44 years old
The Rental Market in Oxford
- Renters make up 44.4% of the Oxford population
- 1.4% 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.