$4,216 Closing Credit*
$355,000
2,299 SqFt
5 Beds
•1 Full Bath, 2 Partial
Marjorie Zaccanelli, Listing Office: RE/MAX Bayshore Manistee
Is Onekama Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Onekama Township was a Seller's Market.
Key Takeaway
Onekama Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Onekama Township, MI
How much do homes in Onekama Township, MI cost?
Median Sold Price
$306,000
$132/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$40,250(+15.1%)
Key Takeaway
Homes in Onekama Township have sold for 15.1% more than they did a month ago.
Summary: The median home sold price in Onekama Township was $306,000 in October 2024, up 15.1% from last month, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189K | - | N/A |
| 3 Bedrooms | - | $306K | N/A |
| 4 Bedrooms | $342.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Onekama Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Arcadia Township | $144K | $340K | +136.1% |
| Onekama | $189K | $306K | +61.9% |
| Onekama Township | $265.7K | $306K | +15.1% |
Housing Supply in Onekama Township, MI
How many homes are available in Onekama Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Onekama Township real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Onekama 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Onekama Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Onekama Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Onekama Township, MI
How long does it take to sell a home in Onekama Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 8 Days | -54.3% |
Summary: Homes in Onekama Township had an average of 8 days on market in Oct 2024, down by 54.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Onekama Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Onekama Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
