Oxford, GA Real Estate Market
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.
Date(s) & Update Frequency:
- Home Values, Rents: Reflects Q2 2024. Updated quarterly.
- Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
Oxford, GA Housing Market Trends
With 2,287 people, 661 houses or apartments, and a median cost of homes of $320,718, 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 85.50% of the city's housing units. Other types of housing that are prevalent in Oxford include duplexes, homes converted to apartments or other small apartment buildings ( 8.67%), large apartment complexes or high rise apartments ( 4.20%), and a few row houses and other attached homes ( 1.22%).
The most prevalent building size and type in Oxford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.94% owning and 55.06% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Oxford's housing was primarily built during this period, from the '40s through the '60s. A full 42.55% of the city's housing hails from this era. Other housing ages represented in Oxford include homes built between 1970-1999 ( 40.38%) and housing constructed before 1939 ( 8.67%). There's also some housing in Oxford built between 2000 and later ( 8.40%).
Vacant housing appears to be an issue in Oxford. Fully 10.43% of the housing stock is classified as vacant. Left unchecked, vacant Oxford homes and apartments can be a drag on the real estate market, holding Oxford real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Oxford Home Appreciation Rates
In the last 10 years, Oxford has experienced some of the highest home appreciation rates of any community in the nation. Oxford real estate appreciated 164.10% over the last ten years, which is an average annual home appreciation rate of 10.20%, putting Oxford in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oxford definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Oxford appreciation rates have trailed the rest of the nation. In the last twelve months, Oxford's appreciation rate has been 4.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oxford were at 2.20%, which equates to an annual appreciation rate of 9.09%.
Relative to Georgia, our data show that Oxford's latest annual appreciation rate is lower than 80% of the other cities and towns in Georgia.
Median Home Value
$320,718
High
for Georgia
High
for nation
Number of Homes And Apartments:
661
GA
America
2024 Q1 - 2024 Q2
2023 Q2 - 2024 Q2
2022 Q2 - 2024 Q2
2019 Q2 - 2024 Q2
2014 Q2 - 2024 Q2
2000 Q1 - 2024 Q2
Average Market Rent:
$1,962 / per month