Oxford, PA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Oxford, PA Housing Market Trends

With 5,581 people, 1,963 houses or apartments, and a median cost of homes of $238,847, Oxford real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Oxford, accounting for 47.70% of the borough's housing units. Other types of housing that are prevalent in Oxford include large apartment complexes or high rise apartments ( 20.88%), duplexes, homes converted to apartments or other small apartment buildings ( 15.19%), and a few row houses and other attached homes ( 12.43%).

The most prevalent building size and type in Oxford are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 39.22% owning and 60.78% renting.

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 before 1939 ( 29.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.46%). There's also some housing in Oxford built between 2000 and later ( 12.24%).

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 2.00%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Oxford's appreciation rate, at 5.96%, has been at or slightly above the national average. In the latest quarter, Oxford's appreciation rate has been 1.46%, which annualizes to a rate of 5.99%.

Relative to Pennsylvania, our data show that Oxford's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Oxford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oxford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oxford real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$238,847

Oxford, PA HOME PRICES

> $1,151,000
1.4%
1.4%
$864,001 - $1,151,000
0.0%
0.0%
$576,001 - $864,000
0.0%
0.0%
$461,001 - $576,000
1.1%
1.1%
$345,001 - $461,000
5.1%
5.1%
$230,001 - $345,000
49.7%
49.7%
$115,001 - $230,000
37.0%
37.0%
$58,001 - $115,000
4.9%
4.9%
$0 - $58,000
0.8%
0.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for PA

Value Relative To Nation

Number Of Homes And Apartments:
1,963

Oxford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
65.30% 2.39%
4
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,335 / per month

Homeownership Rate

Owners
39.2%
39.2%
Renters
60.8%
60.8%
Vacant
6.8%
6.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.2%
12.2%
1970 - 1999
38.8%
38.8%
1940 - 1969
19.5%
19.5%
1939 or Older
29.5%
29.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
47.7%
47.7%
Townhomes
12.4%
12.4%
Small Apt. Buildings
15.2%
15.2%
Apt. Complexes
20.9%
20.9%
Mobile Homes
3.8%
3.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.8%
4.8%
1 Bedroom
13.7%
13.7%
2 Bedrooms
24.8%
24.8%
3 Bedrooms
38.0%
38.0%
4 Bedrooms
14.0%
14.0%
5 or more bedrooms
4.7%
4.7%
0.0% 100.0%
% OF HOMES