Oxford, MI—48371
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oxford, MI
As of Oct '25, the median home price in Oxford, MI is $404,000, with a year-over-year change of 5.4%. This indicates that home prices in Oxford, MI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $404,000 | 5.4% |
| Single Family | $408,000 | 4.9% |
| Condos | $390,000 | 6.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 4.4% |
3 Bed | $366,000 | 5.5% |
4 Bed | $490,000 | 4.5% |
| 5 Bed | $595,000 | 3.8% |
% of Housing Stock
Rental Trends — Oxford, MI
As of July '25, Rentcast reports the average rent in Oxford, MI is $1,540, with a year-over-year rent change of 6.9%. Per bedroom, the median rent as of July '25 in Oxford, MI is 1-bedrooms: $1,130, 2-bedrooms: $1,820, 3-bedrooms: $2,280. The most common rental property sizes in Oxford, MI are 2-bedroom and 3-bedroom, accounting for 29.7% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $995 | $1,130 |
| 2 Bed Rent | $1,700 | $1,820 |
| 3 Bed Rent | $2,280 | $2,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Oxford, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Oxford, MI is 57. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | -7.0% |
Listing Count | 75 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 57 | 12.0% |
Demographics — Oxford, MI
As of the latest ACS Survey released in 2023, Oxford, MI has a population of 26,100, which has increased by 5.6% over the past 5 years. Oxford, MI is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | 5.6% |
% Under 18 | 24.4% | -5.4% |
% Seniors | 15.4% | 16.7% |
% WFH | 15.3% | 232.6% |
% w/ College Degree | 41.8% | 7.2% |
As of the latest ACS Survey released in 2023, Oxford, MI is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Oxford, MI is hispanic, making up 4.1% of the population. Foreign-born residents account for 5.6% of the population in Oxford, MI, and this percentage has increased by 9.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.8% | -4.5% |
% Black | 1.7% | 466.7% |
% Hispanic | 4.1% | 32.3% |
% Asian | 2.0% | 0.0% |
% Foreign Born | 5.6% | 9.8% |
Mortgage and Risk — Oxford, MI
According to HUD data as of 2023, there were 473 mortgage originations in Oxford, MI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Oxford, MI. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 473 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Oxford, MI
Oxford, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $45 | $995 | $1,040 |
| 2 Bedroom | -$380 | $1,700 | $1,320 |
| 3 Bedroom | -$660 | $2,280 | $1,620 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Oxford, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $404,000 |
| Median Household Income | $109,000 |