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Oxford, MI Real Estate


According to census data in the year 2000 there were 1,479 housing units in Oxford. This represents a 24.1% growth from 1,192 in 1990.

Of those housing units, 1,479 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oxford is about 68.1%. Oxford's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Oxford were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom20.20%
Two Bedrooms16%
Three Bedrooms39.60%
Four Bedrooms19.40%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1970
Median Value of occupied units$165,200
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.68
Median year structure was built1971
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan21.40%
Simple Mortgage49.10%
Debt Free21.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%