Is New Oxford, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Oxford is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, New Oxford has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Oxford, PA

How much do homes in New Oxford, PA cost?

Median Sold Price

$250,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-2.0%)

Key Takeaway

Homes in New Oxford have sold for 2% less than they did a year ago.

Summary: The median home sold price in New Oxford was $250,000 in October 2024, down 2% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $219.5K$158.7K
-27.7%
3 $244.9K$245K
0.0%
4 $275K$364.6K
+32.6%
5+ $420.5K$473.5K
+12.6%

Summary: New Oxford 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 decreased by 27.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Cities

Oxford Township
+9.9%
New Oxford
-2.0%

Housing Supply in New Oxford, PA

How many homes are available in New Oxford, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24240.0%

Summary: The New Oxford real estate market had 24 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1816
-11.1%
4 34
+33.3%
5+ 22
0.0%

Summary: The New Oxford 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 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Oxford, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in New Oxford in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for New Oxford, PA

How long does it take to sell a home in New Oxford, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days19 Days-15.9%

Summary: Homes in New Oxford had an average of 19 days on market in Oct 2024, down by 15.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in New Oxford; 71% of homes were sold within 30 days, 29% 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 16 Days Ago

Newest Listings in New Oxford, PA

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