$4,988 Closing Credit*
$420,000
1,756 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tosha Wilson, Listing Office: Results Real Estate LLC
Is Osceola County, 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, Osceola County has remained a Seller's Market.
Key Takeaway
Osceola County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Osceola County, MI
How much do homes in Osceola County, MI cost?
Median Sold Price
$180,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+9.1%)
Key Takeaway
Homes in Osceola County have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Osceola County was $180,000 in October 2024, up 9.1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $116.6K | +11.1% |
| 2 Bedrooms | $135K | $149.7K | +10.9% |
| 3 Bedrooms | $165K | $195.3K | +18.4% |
| 4 Bedrooms | $196K | $173.5K | -11.5% |
| 5+ Bedrooms | $355.9K | $299.9K | -15.7% |
Summary: Osceola County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Counties
| Lake County | $138K | $160K | +15.9% |
| Wexford County | $202K | $223.2K | +10.5% |
| Clare County | $133K | $146.4K | +10.1% |
| Osceola County | $165K | $180K | +9.1% |
| Missaukee County | $210.2K | $226.9K | +7.9% |
Housing Supply in Osceola County, MI
How many homes are available in Osceola County, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 170 | 171 | +0.6% |
Summary: The Osceola County real estate market had 171 homes for sale in October 2024, a 0.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 40 | 39 | -2.5% |
| 3 Bedrooms | 82 | 79 | -3.7% |
| 4 Bedrooms | 23 | 27 | +17.4% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Osceola County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Osceola County, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Osceola County in October 2024, up by 9.4% month-over-month. Of the 35 sold homes, 69% were sold under asking, 6% were sold at asking, and 26% were sold over asking.
Days on Market for Osceola County, MI
How long does it take to sell a home in Osceola County, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 69 Days | +20.7% |
Summary: Homes in Osceola County had an average of 69 days on market in Oct 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Osceola County has remained consistent over time.
Summary: During October 2024, 35 homes were sold in Osceola County; 29% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.