The Oxford housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 43.8% in the past month. With 10 active listings, inventory is 67% higher than seasonal norms. Homes are now taking an average of 497 days to sell, significantly longer than the 24 days typical for this market. Only 0.0% 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 1011.2. Based on current market indicators, home prices in Oxford are projected to decrease by approximately 3.3% over the next month.
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