Oxford, MS home prices
Typical home $403,561 · +2.8% in a year · income needed $109,600
The Oxford, MS metro area ranks 148 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.8% in a year and +46.3% over five years. With 20% down at 7.11%, the typical home costs about $2,557 a month including 0.55% property tax (Lafayette County rate).
Mortgage on the typical Oxford home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $80,712 | $322,849 | $2,172 | $0 | $385 | $2,557 | $109,600 |
| 10% down | $40,356 | $363,205 | $2,443 | $151 | $385 | $2,980 | $127,700 |
| 5% down | $20,178 | $383,383 | $2,579 | $160 | $385 | $3,124 | $133,900 |
| 3.5% down (FHA) | $14,125 | $396,251 | $2,666 | $178 | $385 | $3,229 | $138,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.55% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Oxford area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lafayette County, MS | $403,564 | +2.7% | 0.55% |
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Frequently asked questions
How much is a house in Oxford?
The typical home in the Oxford, MS metro area is worth $403,561 (Zillow, September 2026).
What salary do you need to buy a house in Oxford?
About $109,600 a year for the typical home with 20% down at 7.11%.