Updated July 2026Zillowmonthly
48371 Real Estate Market Update: Oxford, MI, July 2026
The latest housing-market numbers for ZIP code 48371 in Oxford, Michigan, for July 2026: a $408K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $408K | ▼ -2.4% | n/a |
| Days to pending | 25 | ▲ +19.0% | n/a |
| Homes for sale | 68 | ▲ +7.9% | ▲ +1.5% |
| Sale-to-list | 100.9% | ▲ +0.4% | n/a |
| New listings | 36 | ▲ +9.1% | ▲ +5.9% |
Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.
What the 48371 numbers say
The 48371 ZIP in Oxford is leveling off. The median sale price is $407,936, roughly flat year over year. Homes here move fast: a typical listing goes under contract in about 25 days, and sellers are getting 100.9% of list price.
With 68 homes for sale and 36 new listings this month, 48371 is currently an active market.
What this means if you sell in 48371
Use these figures to set expectations early with each client. Lead a listing appointment with the $408K median price and the 25-day pace, show the year-over-year direction, and frame 48371 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.
How we track the 48371 market
We built LOKAL to pull 48371's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $408K median sale price, a 100.9% sale-to-list ratio and a -2.4% month-over-month move with 68 homes for sale. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.
ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 48371 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.
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Build the 48371 post →Frequently asked: the 48371 housing market
- What is the median home price in ZIP 48371 (Oxford, MI)?
- As of July 2026, the median sale price in ZIP 48371 is $407,936, per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
- Is ZIP 48371 a buyer's or seller's market right now?
- ZIP 48371 is currently an active market, based on a 100.9% sale-to-list ratio, about 25 days on market for July 2026.
- How long do homes take to sell in ZIP 48371?
- A typical listing in 48371 goes under contract in about 25 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48371 market data come from?
- All figures for 48371 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.
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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.