$10,000 Closing Credit*
$1,275,000
3,664 SqFt
6 Beds
•3 Full Baths
Laura Olson, Listing Office: Keller Williams Realty Lansing-East
Is Oscoda County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oscoda County was a Seller's Market.
Key Takeaway
Oscoda County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oscoda County, MI
How much do homes in Oscoda County, MI cost?
Median Sold Price
$130,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+16.1%)
Key Takeaway
Homes in Oscoda County have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Oscoda County was $130,000 in November 2024, up 16.1% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81K | $71.5K | -11.7% |
| 2 Bedrooms | $99.9K | $110K | +10.1% |
| 3 Bedrooms | $142.2K | $145K | +1.9% |
| 4 Bedrooms | $170K | $220K | +29.4% |
| 5+ Bedrooms | - | $266K | N/A |
Summary: Oscoda County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Oscoda County | $112K | $130K | +16.1% |
| Ogemaw County | $144.1K | $165K | +14.5% |
| Montmorency County | $157K | $170K | +8.3% |
| Alcona County | $168K | $176K | +4.8% |
| Crawford County | $180K | $184.9K | +2.8% |
Housing Supply in Oscoda County, MI
How many homes are available in Oscoda County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 51 | -7.3% |
Summary: The Oscoda County real estate market had 51 homes for sale in November 2024, a 7.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 25 | 22 | -12.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Oscoda County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
4 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 Oscoda County, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Oscoda County in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Oscoda County, MI
How long does it take to sell a home in Oscoda County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 42 Days | -12.5% |
Summary: Homes in Oscoda County had an average of 42 days on market in Nov 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oscoda County has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Oscoda County; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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