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These days, finding an affordable place to live in the Oxford area can be challenging. Home prices in Oxford are now at a median cost of $182,795, lower than the Alabama average of $228,911.
The average cost of rent is $1,041/mo in Oxford, primarily driven by the current value of real estate in the Oxford area. In Oxford, 27.44% of households rent, and 44.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oxford is $5,869 per month. Households that rent pay about 17.74% of their income on rent here. Oxford’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hobson City, AL: less expensive homes
- Silver Run, AL: higher priced homes
- West End-Cobb Town, AL: less expensive homes
- Anniston, AL: less expensive homes
- Blue Mountain, AL: less expensive homes
- Vinnette, AL: less expensive homes
- Jenifer, AL: less expensive homes
- Munford, AL: less expensive homes
- Choccolocco, AL: equally priced homes
- Eastaboga, AL: less expensive homes
Cities with Similar Populations
- Morton, IL: higher priced homes
- Port Wentworth, GA: higher priced homes
- Point Pleasant, NJ: higher priced homes
- Plymouth, IN: equally priced homes
- Pinewood, FL: higher priced homes
- Pikeville, KY: equally priced homes
- Phelan, CA: higher priced homes
- Peru, IN: less expensive homes
- Mukwonago, WI: higher priced homes
- Mount Joy, PA: higher priced homes
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