Market Intelligence · MI / Oxford

Oxford, MI 48371 Housing Market

Typical home value in Oxford, MI 48371 is $420,382, up 3.1% over the past year. The median list price stands at $525,000, with homes spending a median of 20 days on market as of early August 2026.

Updated August 2026Median value$416K

The median home value in Oxford, MI 48371 is $416K as of August 2026, up 2.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48371 range

$382K to $449K

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

+2.8% over 12 months

Typical home value in 48371 over the last 12 months: $404K in Aug 2025 to $416K in Aug 2026 (+2.8%).

Aug 2025$404K

Aug 2026$416K

The numbers

What is the 48371 housing market like?

Typical home value

$416K

Up2.8%YoY

Median list price

$525K

Down7.5%MoM

Days on market

20

Down51.2%MoM

Homes for sale

60

Up53.8%MoM

Price cuts

15.0%

Down8.0%MoM

New listings

52

Up85.7%MoM

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

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The comparison

How do 48371 home prices compare?

  • 48371$415,601
  • Oxford$490,455
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Oxford: 2 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

There are currently 60 homes for sale in the ZIP, with 52 new listings added recently. The median time on market of 20 days suggests steady buyer interest. However, 15.0% of listings have seen price reductions, which points to some negotiating room for buyers. For sellers, this means the market is active but not as tight as it was a year ago. Pricing competitively and being realistic about condition will matter more now.

Monthly payment

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20% · $83,120

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