Home Price Key
Affordable
Average
Expensive
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 $273,464, higher than the Michigan average of $196,062.
The average cost of rent is $1,046/mo in Oxford, primarily driven by the current value of real estate in the Oxford area. While nearly 30.96% of residents own their homes outright in Oxford, 12.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oxford is $8,441 per month. Households that rent pay about 12.40% of their income on rent here. Oxford's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lake Orion, MI: higher priced homes
- Lakeville, MI: higher priced homes
- Kerr Hill, MI: higher priced homes
- Oakland, MI: higher priced homes
- Leonard, MI: higher priced homes
- Ortonville, MI: equally priced homes
- Clarkston, MI: higher priced homes
- Metamora, MI: equally priced homes
- Thornville, MI: equally priced homes
- Village of Clarkston, MI: higher priced homes
Cities with Similar Populations
- Baldwin, NY: higher priced homes
- Wakefield, MA: higher priced homes
- Warrensburg, MO: less expensive homes
- Watertown, WI: less expensive homes
- Belmont, MA: higher priced homes
- Westchase, FL: higher priced homes
- Ballenger Creek, MD: equally priced homes
- Vega Alta, PR: less expensive homes
- Atlantic Beach, FL: equally priced homes
- Ashland, CA: higher priced homes
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