Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 5,845, 2,119 total housing units (homes and apartments), and a median house value of $401,582, Oxford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Oxford, accounting for 34.87% of the borough's housing units. Other types of housing that are prevalent in Oxford include large apartment complexes or high rise apartments ( 28.63%), duplexes, homes converted to apartments or other small apartment buildings ( 14.36%), and a few row houses and other attached homes ( 13.12%).
People in Oxford primarily live in small (one, two or no bedroom) single-family detached homes. Oxford has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Oxford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oxford built before 1939 ( 24.87%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.91%). There's also some housing in Oxford built between 1940-1969 ( 8.12%).
Real estate appreciation rates in Oxford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.50% during the period.
NeighborhoodScout's data show that during the latest twelve months, Oxford's appreciation rate, at 7.83%, has been at or slightly above the national average. In the latest quarter, Oxford's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.
Relative to Pennsylvania, our data show that Oxford's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Oxford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oxford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oxford real estate investment or home purchase decisions.
$401,582
$2,378 / per month