Sales prices of Oxford, MS homes continue to increase as the population continues to grow.
Statistics for Oxford, MS residential market
Here is some helpful research data for Oxford buyers, sellers, and property owners. Presented are the Lafayette County and Oxford, MS residential market sales for January – August 2016 and January – August 2017. In addition, it is important to note 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.
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Are you thinking about buying in Oxford, MS in 2017? Start your Oxford, MS residential market and land property search here.
During the 2016 calendar year, there were 410 total sales of townhomes and condos within Oxford. While in the 2017 period, there were 380 total sales of townhomes and condos inside the Oxford city limits. Especially noteworthy, the average sales price increased from $278,816 to $283,439 over the same periods. Hence, property values are showing average growth of 1.66% over the last year. Please review the tables below for greater detail. Furthermore, one should speak to real estate professionals for any broker opinion of value before listing.
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:
JANUARY – AUGUST 2016 – INCLUDES ALL RESIDENTIAL PROPERTIES
| Number of Listings Sold | 442 |
| Avg. Sales Price | $270,560.00 |
| Median Sales Price | $219,750.00 |
JANUARY – AUGUST 2017 – INCLUDES ALL RESIDENTIAL PROPERTIES
| Number of Listings Sold | 404 |
| Avg. Sales Price | $276,538.00 |
| Median Sales Price | $234,125.00 |
JANUARY – AUGUST 2016 – TOWNHOUSE/CONDO ONLY
| Number of Listings Sold | 300 |
| Avg. Sales Price | $225,261.00 |
| Median Sales Price | $189,983.00 |
JANUARY – AUGUST 2017 – TOWNHOUSE/CONDO ONLY
| Number of Listings Sold | 279 |
| Avg. Sales Price | $236,088.00 |
| Median Sales Price | $203,140.00 |
INSIDE OXFORD CITY LIMITS MARKET STATS:
JANUARY – AUGUST 2016 – INCLUDES ALL RESIDENTIAL PROPERTIES
| Number of Listings Sold | 410 |
| Avg. Sales Price | $278,816.00 |
| Median Sales Price | $225,000.00 |
JANUARY – AUGUST 2017 – INCLUDES ALL RESIDENTIAL PROPERTIES
| Number of Listings Sold | 380 |
| Avg. Sales Price | $283,439.00 |
| Median Sales Price | $237,750.00 |
JANUARY – AUGUST 2016 – TOWNHOUSE/CONDO ONLY
| Number of Listings Sold | 300 |
| Avg. Sales Price | $225,261.00 |
| Median Sales Price | $189,983.00 |
JANUARY – AUGUST 2017 – TOWNHOUSE/CONDO ONLY
| Number of Listings Sold | 279 |
| Avg. Sales Price | $236,088.00 |
| Median Sales Price | $203,140.00 |