Market Intelligence · MI / Oxford

Oxford, MI 48371 Housing Market

The typical home in Oxford, MI 48371 is worth $413,889, up 2.6% over the past year. The median list price stands at $529,693, with homes spending a median of 31 days on market as of September 2026.

Updated September 2026Median value$414K

The median home value in Oxford, MI 48371 is $414K as of September 2026, up 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48371 range

$381K to $447K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.6% over 12 months

Sep 2025$403K

Low $403KHigh $414K

Sep 2026$414K

The numbers

What is the 48371 housing market like?

As of September 2026

Typical home value

$414K

2.6%YoY

Median list price

$530K

0.9%MoM

Days on market

55.0%MoM

Homes for sale

28.3%MoM

Price cuts

22.1%

47.7%MoM

New listings

30.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48371 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48371 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 48371 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 48371?

Zillow's forecast does not call for a drop: it expects typical home values in 48371 to rise 1.7% by September 2027, after a 2.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48371 home prices compare?

48371$413,889
Oxford$488,824
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Oxford: 2 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Oxford's market shows steady activity with 77 homes for sale and 36 new listings in September 2026. The median asking price of $529,693 sits notably above the typical home value of $413,889, reflecting a gap between list and actual value. Homes are moving at a moderate pace, with a median of 31 days on market. However, 22.1% of listings have already seen price cuts, which suggests some sellers are adjusting expectations. For homeowners considering a sale, the current conditions favor those willing to price competitively from the start.

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Down payment20% · $82,778

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Common questions

What people ask us.

What is a typical home worth in Oxford, MI 48371?

The typical home value in Oxford is $413,889 as of September 2026, up 2.6% over the past year.

How many homes are currently for sale in this area?

There are 77 homes for sale in Oxford as of September 2026, with 36 new listings added that month.

How long do homes typically stay on the market?

The median time on market in Oxford is 31 days as of September 2026.

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Nearby ZIP markets.

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