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Appreciation & Growth Forecast: Oxford, MS

Updated 2026 · Based on median market data for Oxford, MS

Cap Rate
5.15%
Median Price
$395K
Rent/Mo
$2,350
1% Rule
0.59%
Fails

Historical Appreciation

Home values in Oxford, MS have appreciated at 1.8% per year. Appreciation is modest, meaning total returns will be driven primarily by cash flow rather than equity gains. This is actually preferred by many investors who want predictable, income-based returns.

5-Year Price Projection

If Oxford continues appreciating at 1.8% annually, the current median of $395,000 would reach approximately $431,853 in 5 years — an equity gain of $36,853 on a property purchased at the median. With a 20% down payment of $79,000, that represents a 47% return on invested equity from appreciation alone. Combined with 5 years of NOI totaling approximately $101,731, the projected total return is $138,584 — a 175% cumulative return on the initial investment.

Growth Drivers

Population growth in Oxford is minimal at 0.2%. Appreciation here is more likely driven by regional economic factors, inflation, and housing stock constraints rather than population-driven demand.

Total Return Analysis

Smart investors evaluate both cash flow AND appreciation. In Oxford, the 5.15% cap rate provides strong ongoing cash flow, while 1.8% annual appreciation adds an equity component. The strong cash flow here means your returns are mostly realized as income rather than paper equity — a more conservative and predictable return profile.

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How Oxford Compares

Oxford vs Mississippi state average and national average across key investment metrics. Oxford beats the national average but trails the Mississippi average on cap rate.

Metric
Oxford
Mississippi Avg
National Avg
Cap Rate
5.15%
6.26%
3.81%
Median Price
$395K
$208K
$333K
Median Rent
$2,350
$1,387
$1,524
Property Tax
0.66%
0.66%
1.08%
Vacancy
7.4%
7.4%
5.6%
Pop. Growth
0.2%/yr
0.2%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Oxford, MS
5.2%
$395K
$2,350
0.66%
Baltimore, MD
3.4%
$395K
$1,860
1.04%
Sevierville, TN
3.5%
$395K
$1,740
0.65%
Sarasota, FL
4.3%
$400K
$2,090
0.86%
Cullowhee, NC
2.0%
$400K
$1,250
0.78%

Frequently Asked Questions

How fast are home prices rising in Oxford?
Home values in Oxford have been appreciating at 1.8% per year. Appreciation is modest, so total returns will be primarily cash-flow driven. At this rate, a $395K home would be worth approximately $432K in 5 years.
Is Oxford a growing city?
Oxford's population of 50,000 is growing at 0.2% per year. Slow growth means demand is stable but not increasing rapidly.
What is the best investment strategy for Oxford?
Oxford's 5.15% cap rate and moderate growth make it a balanced market. Look for value-add properties below median where you can force appreciation through renovation while capturing cash flow.
How does Oxford compare to other South cities?
Among South markets, Oxford's 5.15% cap rate is below the Mississippi average of 6.26%. Prices at $395K are above the state average of $208K. See our comparison tool to evaluate Oxford against specific markets.
Full Oxford Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Oxford & Related Markets

More Oxford Guides

Rental Property Investment GuideRent AnalysisProperty Tax GuideCost of Living & AffordabilityNeighborhood Investment Guide

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