Oxford County, Maine Housing Market Prices
Oxford County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 18% below the Maine median$215,519
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Median rent 27% below the Maine median Among the top 5 cheapest counties in Maine$835
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Oxford County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $215,519 | $261,367 | $248,835 |
| Price Trend (Annual %) | 7.0% | 8.5% | 7.5% |
| Median Gross Rent | $835 | $1,139 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Oxford County is about 18% lower than in Maine. Rent is about 27% lower than the Maine average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Oxford County, up about 7.0% and 3.1% a year respectively. Home prices are changing faster.
Median rent in Oxford County rose about 34.0% between 2015 and 2024, from $623 to $835. Over the same span, rent in Maine rose about 46.7%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Oxford County.
Buying the median-priced home in Oxford County costs roughly 21.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Oxford County. The price-to-rent ratio in Maine is about 19.1.
| Metric | Oxford County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $215,519 | $261,367 | $248,835 |
| Median Household Income | $60,170 | $74,723 | $80,455 |
| Price-to-Income Ratio | 3.6 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Oxford County rose about 62.6%, while median household income rose about 43.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Oxford County | Maine Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.8% | 59.0% | 58.5% |
| Rental Rate | 12.7% | 20.4% | 31.2% |
| Vacancy Rate | 34.5% | 20.6% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Oxford County has a homeownership rate of 52.8%, lower than the Maine average of 59.0%. Its housing vacancy rate is 34.5%, compared with 20.6% in Maine.
Housing Stock
| Metric | Oxford County | Maine Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.25 people | 2.53 people |
| Median Structure Built Year | 1975 | 1974 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Oxford County was built around 1975. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 19.0 years on average.
Oxford County, ME Housing Compared With Nearby Counties
Oxford County, ME is typical in size for this group, 59,255 residents against a local median of 51,798, so the measures below are close to a like for like comparison. Oxford County, ME's median home price, at $215,519, runs 27% above the $170,294 typical of the counties around it.
Median rent tells the same story from another angle: $835 against a local median of $1,010, 17% below it. The counties themselves spread $244,564 on median home price, so Oxford County, ME sits at one end of an already wide local range rather than apart from it. Oxford County, ME has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Oxford County, ME | 59,255 | $215,519 #3/6 | $835 #5/6 | 80.6% #2/6 |
| Franklin County, ME | 30,413 | $98,874 | $802 | 76.3% |
| Coos County, NH | 31,270 | $170,294 | $875 | 74.2% |
| Androscoggin County, ME | 113,398 | $145,070 | $1,010 | 67.9% |
| Carroll County, NH | 51,798 | $294,696 | $1,194 | 83.4% |
| Cumberland County, ME | 308,608 | $343,438 | $1,589 | 69.8% |
Frequently Asked Questions
Common questions about the housing market in Oxford County, Maine.
What is the median home price in Oxford County, Maine?
The median home price in Oxford County, Maine is $215,519, lower than the Maine average of $261,367.
What is the average home price in Oxford County, Maine?
The typical home price in Oxford County, Maine, reported as the median sale price, is $215,519. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Oxford County, Maine?
The median gross rent in Oxford County, Maine is $835 per month, lower than the Maine average of $1,139.
What was the median gross rent in Oxford County in 2020?
In 2020, the median gross rent in Oxford County, Maine was $718 per month.
What is the price-to-rent ratio in Oxford County, Maine?
The price-to-rent ratio in Oxford County, Maine is about 21.5, meaning it would take roughly 21.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Oxford County.
Are home prices or rent rising faster in Oxford County, Maine?
Both home prices and rent are rising in Oxford County, up about 7.0% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Oxford County, Maine?
52.8% of households in Oxford County, Maine own their home, lower than the Maine average of 59.0%.
What is the vacancy rate in Oxford County, Maine?
The housing vacancy rate in Oxford County, Maine is 34.5%, higher than the Maine average of 20.6%.
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