Much like other places in this area, it's a lot less expensive compared to the entire nation. Compared to the city of Jonesboro, it is significantly less expensive.
Home prices
The median home price in Oxford is $71,900. This is about $1,460 (2%) higher compared to its nearby areas.Compared to the US as a whole it is about $145,600 (66%) lower, and it is approximately $81,000 (52%) lower compared to the city of Jonesboro.
Rents
In Oxford the median rent is $544 per month. This is roughly $21 (3%) lower in comparison to its surrounding areas.Compared to the nation as a whole it is approximately $518 (48%) lower, and compared to the city of Jonesboro is roughly $220 (28%) lower.
Nearby places
Franklin
Franklin is roughly 7 miles east from Oxford. Real estate prices there are significantly less expensive. The cost of the median home in Franklin is $48,000, which works out to $23,900 (49%) lower than Oxford. The rent there is a bit less expensive. The median rent in Franklin is $506 per month, which works out to $38 (7%) lower than Oxford.
Horseshoe Bend
Horseshoe Bend is about 8 miles east from Oxford. Housing prices there are similar. The median home in Horseshoe Bend costs $74,200, which comes out to $2,300 (3%) higher than Oxford. Rent there is a bit more expensive. The median rent in Horseshoe Bend is $620 a month, which comes out to $76 (12%) higher than Oxford.
Melbourne
Melbourne is about 10 miles south from Oxford. Its real estate prices are somewhat more expensive. The median home price in Melbourne is $79,600, which is $7,700 (9%) higher than Oxford. Its rents are a little less expensive. Melbourne's median rent is $514 a month, which works out to $30 (5%) lower than Oxford.
Calico Rock
Calico Rock is about 11 miles southwest from Oxford. Housing prices there are similar. The median home in Calico Rock costs $74,800, which works out to $2,900 (3%) higher than Oxford. Rents there are somewhat more expensive. Calico Rock's median monthly rent is $617, which is $73 (11%) higher than Oxford.
Viola
Viola is roughly 13 miles north of Oxford. Its real estate prices are fairly similar. The price of the median home in Viola is $75,600, which comes out to $3,700 (4%) higher than Oxford. Rent there is pretty similar. In Viola the median rent is $568 a month, which is $24 (4%) higher than Oxford.