Oxford, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Oxford, CT Real Estate Data


Oxford Housing Market Information

With a population of 13,013, 4,411 total housing units (homes and apartments), and a median house value of $364,479, real estate costs in Oxford are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities.

Single-family detached homes are the single most common housing type in Oxford, accounting for 93.12% of the town's housing units. Other types of housing that are prevalent in Oxford include duplexes, homes converted to apartments or other small apartment buildings ( 3.25%), row houses and other attached homes ( 2.93%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oxford. Owner-occupied housing accounts for 88.05% of Oxford's homes, and 74.09% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oxford built from 1970 to 1999 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 between 1940-1969 ( 24.85%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.54%). There's also some housing in Oxford built before 1939 ( 7.67%).

Oxford Home Appreciation Rates

Homes have actually lost value in Oxford over the last then years, as home values have seen a decline of 19.38% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Oxford home appreciation rates at 1.01%, which equates to an annual appreciation rate of 4.11%.

Over the last year, Oxford appreciation rates have trailed the rest of the nation. In the last twelve months, Oxford's appreciation rate has been 3.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oxford were at 1.01%, which equates to an annual appreciation rate of 4.11%.

Notably, Oxford's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Connecticut, our data show that Oxford's latest annual appreciation rate is higher than 60% of the other cities and towns in Connecticut.

Average Home Values

 

Median Home Value:
$364,479

Oxford, CT HOME PRICES

Value Range
> $1,027,000 1.6
$770,001 - $1,027,000 1.7
$514,001 - $770,000 11.8
$411,001 - $514,000 18.2
$309,001 - $411,000 37.7
$206,001 - $309,000 17.9
$103,001 - $206,000 8.5
$51,001 - $103,000 0.9
$0 - $51,000 1.8

High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
11.6296773437957 24.2603550295858

Number Of Homes And Apartments:
4,411

Rent & Ownership

 

Average Market Rent:
$1,879 / per month

Homeownership Rate

Homeownership
Owners 88.05
Renters 11.95
Vacant 5.77

Housing Market Details

 

Age of Homes

AGE OF Oxford HOMES
2000 or Newer 22.5
1970 - 1999 44.9
1940 - 1969 24.8
1939 or Older 7.7

Types of Homes

TYPE OF Oxford HOMES
Single-Family 93.1
Townhomes 2.9
Small Apt. Buildings 3.2
Apt. Complexes 0.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Oxford HOMES
No Bedroom 0.00
1 Bedroom 4.36
2 Bedrooms 19.21
3 Bedrooms 50.05
4 Bedrooms 24.03
5 or more bedrooms 2.35

Oxford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
26.84% 1.41% 3 3
* 10 is highest

Popular Neighborhoods in Oxford

Zip Codes in Oxford, CT