Oxford, MI Foreclosures
How much do homes sell for in Oxford, MI?
The average home price is currently $453,356.
In Oxford, MI, how many homes are available?
There are currently 30 active home listings available in Oxford.
What’s the average rental cost in Oxford, MI?
The average rental price in Oxford is $1,820.
What is the most expensive home in Oxford?
The most expensive home sold in Oxford had a price of $3,734,700.
What is currently the cheapest priced home in Oxford, MI?
The cheapest home for sale in Oxford is priced at $12,029.
Living in Oxford, MI
Oxford, MI is a picturesque small town with a strong sense of community. It offers a variety of local amenities including shops, parks, and educational institutions. Residents enjoy an abundance of outdoor activities and a tranquil lifestyle, making it an ideal place for families and outdoor enthusiasts.
Current Market Conditions in Oxford, MI
The current real estate market in Oxford, MI is experiencing a growth trend with a steady increase in home prices. Demand remains high due to the town's appealing atmosphere and excellent amenities, making it a desirable location for buyers. Homes are selling relatively fast, often receiving multiple offers, particularly in popular neighborhoods.
In recent months, Oxford has seen a slight uptick in housing inventory, providing homebuyers with more options. Despite the increase, homes in desirable areas are still being snapped up quickly. The market remains competitive, favoring sellers, particularly for well-maintained properties.
Home Value Estimator For Oxford, MI
There are currently 8,408 real estate properties
in Oxford, MI,
with a median automated valuation model (AVM) price
of $417,581.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oxford, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Oxford, MI,
is $453,356.00, with the most expensive house
in Oxford, MI, topping out
at $3,734,700.00 and the cheapest home
in Oxford, MI,
clocking in at $12,029.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oxford, MI!
Rent Prices
In Oxford, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oxford, MI, is on
a rollercoaster ride. The
average rent price in Oxford, MI,
is $1,820.00. Indeed, when looking to rent in
Oxford, MI, you can expect to pay as little
as $660.00 or as much
as $3,140.00,
with the average rent median estimated to
be $1,860.00. The good news is that finding
an affordable and desirable property to rent in Oxford, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.