Oxford appreciation rates and housing market information

Oxford housing market information

With 14,667 people, 6,195 houses or apartments, and a median cost of homes of $146,300, Oxford real estate is some of the most expensive in Alabama, although Oxford home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Oxford, accounting for 76.95% of the city's housing units. Other types of housing that are prevalent in Oxford include mobile homes or trailers (11.82%), large apartment complexes or high rise apartments (5.68%), duplexes, homes converted to apartments, or other small apartment buildings (3.42%), and a few row houses and other attached homes (2.05%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Oxford. Owner-occupied housing accounts for 69.86% of Oxford's homes, and 66.86% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oxford built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oxford built from 1940-1969 (30.67%). A lesser amount of the housing stock also hails from 1995 and later (16.03%), and some were built from 1939 and earlier (16.03%).

Oxford home appreciation rates

Oxford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Oxford during the period has been just 6.69%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Oxford home appreciation rates, at 3.69%, have been at or slightly above the national average. In the latest quarter, Oxford's appreciation rate has been 0.29%, which annualizes to a rate of 1.16%.

Relative to Alabama, our data show that Oxford's latest annual appreciation rate is higher than 32% of the other cities and towns in Alabama.