Is Oxford, IN 47971 a buyer’s or seller’s market?
Oxford is a seller’s market. With about 1.8 months of supply and 11% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Oxford housing market right now
In the three months ending August 31, 2026, 11% of homes in Oxford, IN 47971 sold above their list price, the typical home went under contract in 19 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (38 days then) and the median sale price fell 17% to $174,924. Overall, Oxford is less competitive than a year ago, which gives buyers more room.
Nearby, buyers who want less competition could look at Earl Park 47942 (0% sold over asking) or Boswell 47921 (0% sold over asking).
Run the numbers for 47971
Nearby markets
Boswell 47921Seller’s market $114 /sq ftEarl Park 47942Seller’s market $89 /sq ftFowler 47944Seller’s market $120 /sq ftTempleton 47986 — /sq ft Browse all markets →Towns like Oxford nearby
Find towns like Oxford in other states →Where Oxford is
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Questions about Oxford real estate
Is Oxford a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Oxford, IN 47971 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oxford?
The typical home went under contract in 19 days in the latest three months.
Do homes in Oxford sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Oxford?
About 0.77% of a home’s value a year in Benton County, or roughly $3,080 on a $400,000 home.
What is the median home price in Oxford?
The median sale price was $174,924 in the three months ending August 31, 2026, about $149 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology