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Featured local agent — Oxford, MI
Sarah Mitchell
Compass Real Estate · Oxford, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oxford, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$175,000median sale price
How is the Oxford, MI housing market right now?
The median home sale price in Oxford, MI is $175,000, down 54.5% year-over-year. Homes sell in an average of 48 days with 9 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oxford a buyer's or seller's market?
Oxford, MI is currently a seller's market, based on 1.8 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
48
Average pace
Active listings
9
1.8 months supply
Sale-to-list
95.3%
Below asking
What does the Oxford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $175,000 |
| Median list price | $399,900 |
| Year-over-year price change | -54.5% |
| Average days on market | 48 days |
| Active inventory | 9 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 95.3% |
| Median price per sq ft | $164/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 5 |
| Listings with a price cut | 44.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oxford by property type?
How the Oxford, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $157,500 | $125/sq ft | 2 | 48 days |
Source: Redfin · Updated monthly
The Oxford housing market is currently classified as a seller's market with a median sale price of $175,000. Prices have fallen 54.5% compared to last year, with homes spending an average of 48 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Oxford
There are currently 9 homes listed for sale in Oxford, Michigan. The median listing price is $400K.
Active listings
9
Homes on market
Median list price
$400K
Avg. days on market
48
Days until sale
New this week
5
Newly listed
Who lives in Oxford?
Population
3,478
Median income
$88,214/yr
Median age
43.1 years
Owner-occupied
72.0%
College grads
48.6%
Avg commute
30.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Oxford?
Zillow home value
$416,427
Zillow rent index
$1,338/mo
Price-to-rent ratio
25.9x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Oxford?
Oxford is a community of approximately 3K residents with a median age of 43.1 years.The median household income is $88,214, which reflects a relatively affluent area with strong earning potential. 48.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oxford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oxford?
10 schools tracked · 5,771 students
The largest public schools serving Oxford, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Oxford High School
Grades 9-12 · 1,639 students
Oxford Virtual Academy
Grades K-12 · 1,239 students
Oxford Middle School
Grades 6-8 · 947 students
Clear Lake Elementary School
Grades K-5 · 430 students
Lakeville Elementary School
Grades K-5 · 404 students
Daniel Axford Elementary School
Grades K-2 · 349 students
Oxford Elementary School
Grades 3-5 · 345 students
Kingsbury Country Day School
Grades PK-8 · 343 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Oxford, MI?
Want a head-to-head view? Compare Oxford side-by-side with any other U.S. city using our market-comparison tool.
Is Oxford a good real estate investment market?
For investors evaluating Oxford, the price-to-rent ratio of 25.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 54.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oxford's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oxford's median home price.
Frequently asked questions
What is the average home price in Oxford?
The median home sale price in Oxford is $175,000, down 54.5% from last year.
How long do homes stay on market in Oxford?
Homes typically spend 48 days on market before going under contract.
What is the median income in Oxford?
The median household income is $88,214 per year.
Is Oxford a buyer's or seller's market?
With 1.8 months of supply, Oxford is currently a seller's market.
What is the Zillow home value estimate for Oxford?
The Zillow Home Value Index (ZHVI) for Oxford is $416,427, representing the typical home value in the area.
What is the median condo price in Oxford?
The median condo/co-op sale price in Oxford, MI is $157,500, based on the latest Redfin data.
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