Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 942, 698 total housing units (homes and apartments), and a median house value of $265,591, New Oxford real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in New Oxford, accounting for 45.79% of the borough's housing units. Other types of housing that are prevalent in New Oxford include row houses and other attached homes ( 21.23%), large apartment complexes or high rise apartments ( 16.15%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.08%).
The most prevalent building size and type in New Oxford are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 49.71% owning and 50.29% renting.
There is a lot of housing in New Oxford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in New Oxford built before 1939 ( 26.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.89%). There's also some housing in New Oxford built between 2000 and later ( 18.02%).
New Oxford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in New Oxford during the period has been just 5.38%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, New Oxford's appreciation rate, at 7.94%, has been at or slightly above the national average. In the latest quarter, New Oxford's appreciation rate has been 7.97%, which annualizes to a rate of 35.88%.
Importantly, this makes New Oxford one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.
Relative to Pennsylvania, our data show that New Oxford's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
$265,591
for Pennsylvania
for nation
698
$1,595 / per month