Is Oxmoor, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxmoor is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Oxmoor has remained a Seller's Market.

Key Takeaway

Oxmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oxmoor, AL

How much do homes in Oxmoor, AL cost?

Median Sold Price

$333,507

$234/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$51,492(-13.4%)

Key Takeaway

Homes in Oxmoor have sold for 13.4% less than they did a month ago.

Summary: The median home sold price in Oxmoor was $333,507 in November 2024, down 13.4% from last month, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $385K$333.5K
-13.4%
4 $525K-
N/A
5+ --
N/A

Summary: Oxmoor housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oxmoor, AL

How many homes are available in Oxmoor, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2327+17.4%

Summary: The Oxmoor real estate market had 27 homes for sale in November 2024, a 17.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1818
0.0%
4 33
0.0%
5+ 13
+200.0%

Summary: The Oxmoor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxmoor, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Oxmoor in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Oxmoor, AL

How long does it take to sell a home in Oxmoor, AL?

Average Sale Time

Oct 2024Nov 2024CHANGE
84 Days8 Days-90.4%

Summary: Homes in Oxmoor had an average of 8 days on market in Nov 2024, down by 90.4% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oxmoor are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Oxmoor; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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