$3,561 Closing Credit*
$299,900
2,478 SqFt
4 Beds
•2 Full Baths
KAYLA DOMINIQUE, Listing Office: HOWARD HANNA REAL ESTATE SERVI
Is Onsted, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Onsted has remained a Seller's Market.
Key Takeaway
Onsted is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Onsted, MI
How much do homes in Onsted, MI cost?
Median Sold Price
$322,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,500(+7.5%)
Key Takeaway
Homes in Onsted have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Onsted was $322,500 in October 2024, up 7.5% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $190K | $185K | -2.6% |
| 3 Bedrooms | $299.4K | $249.9K | -16.5% |
| 4 Bedrooms | $312.5K | $384.9K | +23.2% |
| 5+ Bedrooms | $600K | $554K | -7.7% |
Summary: Onsted 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 decreased by 2.6%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Onsted | $300K | $322.5K | +7.5% |
| Cambridge Township | $282K | $299K | +6.0% |
Housing Supply in Onsted, MI
How many homes are available in Onsted, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Onsted real estate market had 25 homes for sale in October 2024, a 31.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Onsted 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 increased by 50%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Onsted, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Onsted in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Onsted, MI
How long does it take to sell a home in Onsted, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 90 Days | +123.3% |
Summary: Homes in Onsted had an average of 90 days on market in Oct 2024, up by 123.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Onsted has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Onsted; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
