Is Oxford Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxford Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Oxford Township was a Seller's Market.

Key Takeaway

Oxford Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Oxford Township, NC

How much do homes in Oxford Township, NC cost?

Median Sold Price

$289,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,300(-0.4%)

Key Takeaway

The sold price of homes in Oxford Township has remained the same since last year.

Summary: The median home sold price in Oxford Township was $289,000 in October 2024, down 0.4% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K-
N/A
2 $170K$232.4K
+36.7%
3 $277.7K$280K
+0.8%
4 $414.9K$350K
-15.6%
5+ $250K$499.9K
+100.0%

Summary: Oxford Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 100%.

Median Sold Price Compared To Nearby Cities

Dabney Township
+5.4%
Oxford Township
-0.4%
Oxford
-0.4%
Fishing Creek Township
-0.7%

Housing Supply in Oxford Township, NC

How many homes are available in Oxford Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6061+1.7%

Summary: The Oxford Township real estate market had 61 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 3636
0.0%
4 109
-10.0%
5+ 44
0.0%

Summary: The Oxford Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxford Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Oxford Township in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Oxford Township, NC

How long does it take to sell a home in Oxford Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
98 Days52 Days-46.3%

Summary: Homes in Oxford Township had an average of 52 days on market in Oct 2024, down by 46.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Oxford Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in Oxford Township, NC

Nearby Markets to Oxford Township, NC

What housing markets are near Oxford Township, NC?