Oxford Homes under $500,000

Oxford Homes under $500,000

Welcome to Oxford, Mississippi—an enchanting city steeped in rich history and vibrant culture. Nestled in Lafayette County, Oxford is renowned for its charming downtown area, picturesque landscapes, and a strong sense of community. Often referred to as the "Cultural Mecca of the South," this delightful city is home to the University of Mississippi, affectionately known as Ole Miss, which adds a youthful energy and a plethora of cultural events to the area.

For those seeking a place to call home, Oxford offers an impressive selection of properties under $500,000, making it an ideal destination for first-time homebuyers, families, and anyone looking to invest in a thriving community. You’ll find a variety of homes that cater to different tastes and lifestyles, from cozy single-family residences to modern townhouses, all beautifully designed with the charm and character that Oxford is known for.

Living in Oxford means enjoying a rich tapestry of local dining, unique boutiques, and cultural experiences, including the renowned Oxford Film Festival and the Southern Literary Festival. Additionally, the city's lush parks and recreational areas provide ample opportunities for outdoor activities, making it perfect for nature lovers and families alike.

With a warm community spirit and a variety of amenities, Oxford is not just a place to live; it’s a place to thrive. Explore the homes available under $500,000 and discover the perfect spot to plant your roots in this charming Southern gem. Your dream home in Oxford awaits!

Newest Oxford Homes under $500,000

46 County Road 317, Oxford
$379,900
4 Beds ⋅ 5 Baths ⋅ 4162657 MLS
New Construction 4Bed 4.5Bath Home on .5 Acres With Nearly 2000sqft of Living Space. 992 sqft attic space for ample storage. Home Listed Well Below Appraised Value. Have Equity on Day 1! This home boasts an open floor-plan with luxury finishes that set it in a class of its own- soft close oversized cabinets, quartz countertops, walk-in pantry, 9ft ceilings, large carport big enough for a full sized truck, screened in back porch, and every bedroom has its own bathroom with some of the largest closets in Oxford. This home is in Lafayette School District, and is conveniently located just off Hwy 6. 12 min from Ole Miss, 13 min from Sardis Lake, & 5 Min from New Water Resort & Trampoline Park(with $35 unlimited memberships for your kids). Close to town, but far enough out for a giant back yard, lower taxes, and no HOA fee! Don't settle for a cookie cutter condo or a home with a 15 year old roof. Everything in this home is brand new.

46 County Road 317, Oxford

Listing courtesy of Barret Blondeau with Falaya, LLC
314 W Hayat Loop, Oxford
$330,000
3 Beds ⋅ 3 Baths ⋅ 4161411 MLS
**DO NOT DISTURB TENANT.** This spacious **3-bedroom, 2.5-bath home** offers an inviting open-concept layout, vaulted ceilings, and plenty of room to enjoy both indoors and out. The large backyard and covered patio provide the perfect setting for relaxing, entertaining, or enjoying time outdoors. Located in **Garden Terrace**, the neighborhood also features a conveniently connected playground for added enjoyment. Whether you're looking for your next home or an investment opportunity, this property offers great potential. **Currently tenant-occupied and generating $2,250 per month in rental income, with a lease in place through July 2027.** Lease and additional property information are available upon request.

314 W Hayat Loop, Oxford

Listing courtesy of Sondretta L Green with Keller Williams Realty
136 W Garden Terrace Drive, Oxford
$335,000
3 Beds ⋅ 3 Baths ⋅ 4161043 MLS
This inviting corner-lot home features a fenced backyard, spacious pergola, and large patio—perfect for relaxing or entertaining. Inside, enjoy a great flow from the den with vaulted ceiling into the kitchen and dining area. Wood flooring extends throughout the main level and into the primary bedroom. Upstairs offers two additional bedrooms and two full baths. Located in Garden Terrace, the neighborhood also features a conveniently connected playground. Great opportunity for investor! Currently tenant-occupied and rented for $2,320/month with a lease through July 2027. Lease available upon request. PLEASE DO NOT DISTURB TENANTS. To respect the tenant's privacy, interior showings will be scheduled following an accepted contract. Additional property and lease information is available to interested buyers prior to submitting an offer.

136 W Garden Terrace Drive, Oxford

Listing courtesy of Sondretta L Green with Keller Williams Realty
732 Mississippi 30, Oxford
$339,900
3 Beds ⋅ 2 Baths ⋅ 4158862 MLS
Situated on approximately 2.6 acres in Oxford, this freshly renovated home offers space, privacy, and thoughtful accessibility features just minutes from everything Oxford has to offer. The interior has been refreshed with new flooring and fresh paint throughout, creating a clean, move-in-ready feel from the moment you step inside. A durable metal roof adds long-term value and low-maintenance appeal, while the wheelchair-accessible design provides added convenience and flexibility. With 2.6 acres, there is plenty of room to enjoy the outdoors, create a garden, add recreational space, or simply appreciate the extra privacy. Conveniently located on MS Highway 30 with easy access to Oxford, Ole Miss, the Square, shopping, dining, and entertainment, this property offers an appealing combination of acreage, updates, accessibility, and location. Whether you're looking for a primary residence, Oxford getaway, or investment opportunity, 732 MS Highway 30 is ready for its next owner. Schedule your private showing today!

732 Mississippi 30, Oxford

Listing courtesy of Ed Schreiner with Signature Realty LLC
427 Cherokee Drive, Oxford
$495,000
4 Beds ⋅ 2 Baths ⋅ 4156764 MLS
Sellers bought this exceptionally located 4/2 about a year ago. Renovated and planned to enjoy Oxford's incredible community and Ole Miss. Kids changed plans and decided to attend Ole Miss and Seller decided on a Townhome instead. Updates completed with the exception of full kitchen and bath updates. Location is amazing, and walking to the park or Volta or Big Bad Breakfast is easy. Longer walk or easy bike ride or scooter ride will get you to the square faster than you can drive and park. Corner lot with awesome front yard. New fence around a back patio that has gas pre-plumbed for a grill. The front covered patio is perfect for a circular seating area and rocking chairs. The neighborhood is a mix of mature families and newly started ones. Cherokee is a very private neighborhood. Oxford continues to dominate growth trends in MS and the success of the University is not slowing down especially with the anticipation of the new entertainment district around Vaught Hemingway.

427 Cherokee Drive, Oxford

Listing courtesy of Chad C Segrest with Hopper Properties
439 County Road 444, Oxford
$238,000
3 Beds ⋅ 2 Baths ⋅ 4150791 MLS
Well maintained 3 bed 2 bath Manufactured home on 5 acres in Oxford, MS

439 County Road 444, Oxford

Listing courtesy of Jason D Miller with eXp Realty
453 Olive Branch Way, Oxford
$459,000
4 Beds ⋅ 5 Baths ⋅ 4147818 MLS
4BR/4.5BA Condo in highly desirable Rowandale community & prime location in Oxford! Updated kitchen w/ stainless steel appliances & granite countertops. Each room with it's own private full bathroom with granite countertops and large walk in showers. Luxury vinyl plank flooring throughout living area and other common living areas! Ideal for owners with students, rental, weekend getaways, gameday weekends or full time living! Amenities include 2 pools, dog park, basketball, pickleball, & sand volleyball courts. Prime location-just 1.9 miles to the Oxford Square & 2 miles to Ole Miss campus, plus it is on the Oxford University Transit line stop. Long term/short rentals allowed. Unlike some of the other units, this condo has large front lawn area perfect for gameday cornhole or just relaxing in the additional yard space. Motivated Seller!!

453 Olive Branch Way, Oxford

Listing courtesy of Melissa Reed with BHHS McLemore & Co Realty
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