The housing market in 48371 Oxford, MI is on par with the US overall. The median value for houses in this region is $348,700, just over $10,000 higher than the US median of $338,100. Furthermore, the appreciation rate of house values in this area is 8.00%, almost identical to the US average appreciation rate of 8.27%. Together these figures suggest that 48371 Oxford, MI is a prime real estate location and an attractive option for those looking to buy a home.
The median home cost in Oxford (zip 48371) is $348,700. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Oxford (zip 48371) is up 11.2%.
Average Age of Homes
- The median age of Oxford (zip 48371) real estate is 26 years old
The Rental Market in Oxford (zip 48371)
- Renters make up 13.7% of the Oxford (zip 48371) population
- 0.2% of houses and apartments in Oxford (zip 48371), 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.