housing market data - kiamie real estate

Housing Market Data

Presented here is housing market data for Oxford buyers, sellers, and property owners. Are you thinking about buying in Oxford, MS in 2017? Start your Oxford, MS residential market and land property search here. At this time, here are some housing market numbers for the greater Oxford area and Lafayette County.

During 2016, there were 555 total sales of residential and townhouse/condo combined within Oxford with values ranging from $15,000 – $2,195,000 and an average price of $288,100 with a median price of $229,000. At this time, property values are showing an average growth of 1.6% or more. Most important of all, it must be noted that the residential market sales include condo/townhouse sales statistics as well. Due to the number of condo/townhouse sales, statistics are likely skewed to this property type. Likewise, the residential market sales are requiring a trained professional to assess their true value. Please review the tables below for greater detail. Furthermore, one should speak to real estate professionals for any broker opinion of value before listing.

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In contrast, follow this article to study the residential market sales for January – August 2016 and January – August 2017.

This information is provided by the Multiple Listing Service (MLS) of the North Central Mississippi Board of Realtors (NCMBR). While the data is deemed reliable, the information is not guaranteed.

LAFAYETTE COUNTY MARKET STATS:

OCTOBER – DECEMBER 2016 – INCLUDES ALL RESIDENTIAL PROPERTIES

Number of Listings 118
Avg. Sales Price $329,217.00
Median Sales Price $246,250.00

 

OCTOBER – DECEMBER 2016 – INCLUDES ONLY TOWNHOUSE/CONDO PROPERTIES

Number of Listings 76
Avg. Sales Price $278,799.00
Median Sales Price $253,700.00

LAFAYETTE COUNTY MARKET STATS:

JANUARY – MARCH 2017 – INCLUDES ALL RESIDENTIAL PROPERTIES

Number of Listings 83
Avg. Sales Price $271,764.00
Median Sales Price $227,500.00

 

JANUARY – MARCH 2017 – INCLUDES ONLY TOWNHOUSE/CONDO PROPERTIES

Number of Listings 67
Avg. Sales Price $220,389.00
Median Sales Price $190,615.00