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 Type | 2.90% |
| One Bedroom | 20.20% |
| Two Bedrooms | 16% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 19.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $165,200 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.68 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 21.40% |
| Simple Mortgage | 49.10% |
| Debt Free | 21.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
