Oxford, MS Foreclosed Homes & Properties

Foreclosure Homes for Sale in Oxford, MS: What You Need to Know

There are many subdivisions in Oxford that are a mixture of architectural styles and housing types. The most common housing structures include single-detached family homes, apartments, mobile homes, and public housing. Roughly 55.8% of residents rent their homes. The median home price is $258,600, which is on the higher end of the state's price point. Rentals average $938 per month, which is 23.1% higher in Oxford than the rest of Mississippi.  

Job Opportunities

Health Care is one of the biggest industries in Oxford. Their top employers include the University of Mississippi, the North Mississippi Regional Center, and Baptist Memorial Hospital-North Mississippi. Some of the best companies to work for in this city are Next Gear Solutions, SWM Co, FNC, and the City of Oxford. The average annual salary for employees is $51,000 or $14.83 an hour. The most popular occupations are Registered Nurses (RN), Licensed Practical Nurse (LPN), and Certified Nurse Assistants (CNA). The unemployment rate in Oxford is 5.6% as of September 2020.  

Getting Around Town 

Located in Lafayette County, the city is easily accessible by car and is located only 1 hour and 15 minutes from the Memphis International Airport. The University-Oxford Airport, also known as Clegg Field, is located in the city but only offers services to private planes and jets. 

To help you get around town, you can catch a bus on the Oxford-University Transit (OUT), which is the public bus service in Oxford. There are about 1.5 million passengers every year, making the OUT the most used public transportation system in Mississippi's entire state. It’s also the main transportation for students at the University of Mississippi, making OUT an integral part of the city's infrastructure and mobility. People can also commute to the city via the Amtrak train, which has a stop in Oxford. There are also plenty of taxicab and rideshare services within the city limits.

Weather and Climate  

The average yearly temperature in Oxford is 63°F, and it remains relatively high for the major part of the year. The warmest month is July, with an average temperature of 80°F.  The coldest month is January, with an average temperature of 44°F. Rain is more common during the warm nights in the summer than during the cold season. About 52 inches of precipitation falls each year in this area.  March is the rainiest month of the year, averaging 5.8 inches of rain each year. A little snow may fall during the cold season, totaling 3.5 inches of snowfall per year. Oxford is prone to natural disasters like hurricanes, thunderstorms, and tropical cyclones.