$1,733 Closing Credit*
$145,900
768 SqFt
1 Bed
•1 Bath
Michael Thomson, Listing Office: DETRICH REAL ESTATE, L.C.
Is Oscoda 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, Oscoda County has remained a Seller's Market.
Key Takeaway
Oscoda County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oscoda County, MI
How much do homes in Oscoda County, MI cost?
Median Sold Price
$128,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+14.8%)
Key Takeaway
Homes in Oscoda County have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Oscoda County was $128,000 in October 2024, up 14.8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $71.5K | -10.6% |
| 2 Bedrooms | $107.5K | $104.9K | -2.4% |
| 3 Bedrooms | $143K | $145.5K | +1.7% |
| 4 Bedrooms | $152.4K | $220K | +44.3% |
| 5+ Bedrooms | - | $242.5K | N/A |
Summary: Oscoda County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Oscoda County | $111.5K | $128K | +14.8% |
| Ogemaw County | $149.9K | $165K | +10.1% |
| Alcona County | $168.5K | $179.9K | +6.8% |
| Montmorency County | $155K | $165K | +6.5% |
| Crawford County | $180K | $186K | +3.3% |
Housing Supply in Oscoda County, MI
How many homes are available in Oscoda County, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 58 | +3.6% |
Summary: The Oscoda County real estate market had 58 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Oscoda County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oscoda County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Oscoda County in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Oscoda County, MI
How long does it take to sell a home in Oscoda County, MI?
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 Oscoda County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Oscoda County; 8% 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.
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