Housing in 48370 Oxford, MI is quite expensive compared to the median US housing value of $338,100. The median value of a house in this area is $456,600, which indicates that it has been consistently more expensive than average for some time now. Despite the higher cost of living, the housing market over the past year has seen similar appreciation to national averages - 8.00% in Oxford and 8.27% nationwide. This suggests that while prices may be high, they are still increasing steadily and demand for housing remains strong.
The median home cost in Oxford (zip 48370) is $456,600. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Oxford (zip 48370) is up 11.2%.
Average Age of Homes
- The median age of Oxford (zip 48370) real estate is 30 years old
The Rental Market in Oxford (zip 48370)
- Renters make up 9.3% of the Oxford (zip 48370) population
- 0.0% of houses and apartments in Oxford (zip 48370), 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.