Explore Oxford, AL - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The Oxford housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 9.5% in the past month alone. With 3.5 months of supply, Oxford's inventory levels remain relatively tight. Homes are now taking an average of 61 days to sell, significantly longer than the 36 days typical for this market. A significant 27.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 13.8% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Oxford market with the affordability index at 91.9. Based on current market indicators, home prices in Oxford are projected to decrease by approximately 7.4% over the next month.
Demographics market for - Oxford, AL
Total Population -
21,343
White Population
75%
Black Population
14%
Crime for - Oxford, AL
Real Estate Market Prediction for - Oxford, AL
City Hotspots
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