Home ownership in Oxford, which is located within Oakland County, Michigan, offers a variety of advantages. It is a safe community with low crime rates, great schools, and plenty of parks and recreational activities to enjoy. Homeowners also benefit from strong property values, making it a sensible investment.

Unfortunately, home ownership in Oxford can also be expensive. The cost of living is high and taxes can be quite steep. Furthermore, housing can be limited and competition for available properties can be intense.

Oxford, Michigan is a relatively small town located in the northern part of Oakland County. Here are some general pros and cons to consider when it comes to buying property in Oxford:

Pros:
- Oxford is known for its good schools, which can be attractive to families with school-aged children.
- The town has a rural/suburban feel, with plenty of green space and parks available for outdoor activities.
- Oxford has been growing in recent years, with an increase in new businesses and development projects.
- Despite its small size, Oxford is located relatively close to larger cities like Detroit and Flint, which can offer more job and entertainment opportunities.

Cons:
- Property values in Oxford can be relatively high, especially in more desirable areas.
- Due to its small size, there may be limited options for shopping, dining, and entertainment within the town itself.
- Depending on where you are coming from, the winter weather in Michigan can be a factor to consider.
- As with any town or city, there may be factors such as crime rates or the quality of public services that could impact your decision to buy property in Oxford.

Of course, these are only general factors to consider, and there may be specific pros and cons that are more relevant to your situation. Before making any decisions, it may also be helpful to consult with a local real estate agent who can provide you with more detailed information on the local housing market and other relevant factors to consider.