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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxford Circle is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Oxford Circle, PA

How much do homes in Oxford Circle, PA cost?

Median Sold Price

$240,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+6.7%)

Key Takeaway

Homes in Oxford Circle have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Oxford Circle was $240,000 in October 2024, up 6.7% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$195.7K
+15.1%
3 $225K$239.2K
+6.3%
4 $250K$275K
+10.0%
5+ $207K$470K
+127.1%

Summary: Oxford Circle 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 15.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 127.1%.

Median Sold Price Compared To Nearby Neighborhoods

Lawndale
+7.2%
Oxford Circle
+6.7%
Near Northeast Philadelphia
+4.2%
Mayfair
+4.0%

Housing Supply in Oxford Circle, PA

How many homes are available in Oxford Circle, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103119+15.5%

Summary: The Oxford Circle real estate market had 119 homes for sale in October 2024, a 15.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 91103
+13.2%
4 1014
+40.0%
5+ 11
0.0%

Summary: The Oxford Circle 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 remained the same, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3127-12.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxford Circle, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Oxford Circle in October 2024, down by 12.9% month-over-month. Of the 27 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.

Days on Market for Oxford Circle, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days21 Days-17.2%

Summary: Homes in Oxford Circle had an average of 21 days on market in Oct 2024, down by 17.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 27 homes were sold in Oxford Circle; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in Oxford Circle, PA

Nearby Markets to Oxford Circle, PA