Is Oneida Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oneida Charter Township is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Oneida Charter Township has remained a Buyer's Market.

Key Takeaway

Oneida Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Oneida Charter Township, MI

How much do homes in Oneida Charter Township, MI cost?

Median Sold Price

$350,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$85,050(+32.1%)

Key Takeaway

Homes in Oneida Charter Township have sold for 32.1% more than they did a year ago.

Summary: The median home sold price in Oneida Charter Township was $350,000 in October 2024, up 32.1% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $166.2K$210K
+26.3%
3 $241.5K$302.5K
+25.3%
4 $373.5K$355K
-5.0%
5+ $405K$412.5K
+1.9%

Summary: Oneida Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Oneida Charter Township
+32.1%
Eagle Township
+22.2%
Grand Ledge
+10.7%
Delta Charter Township
+8.7%

Housing Supply in Oneida Charter Township, MI

How many homes are available in Oneida Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The Oneida Charter Township real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 12
+100.0%
4 23
+50.0%
5+ 33
0.0%

Summary: The Oneida Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oneida Charter Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Oneida Charter Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Oneida Charter Township, MI

How long does it take to sell a home in Oneida Charter Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days98 Days+188.2%

Summary: Homes in Oneida Charter Township had an average of 98 days on market in Oct 2024, up by 188.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Oneida Charter Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Oneida Charter Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Oneida Charter Township, MI

Nearby Markets to Oneida Charter Township, MI

What housing markets are near Oneida Charter Township, MI?