$2,374 Closing Credit*
$199,900
1,604 SqFt
3 Beds
•2 Full Baths
Matt Mulder, Listing Office: Keller Williams Kalamazoo Market Center
Is Oshtemo Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oshtemo Charter Township has remained a Seller's Market.
Key Takeaway
Oshtemo Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oshtemo Charter Township, MI
How much do homes in Oshtemo Charter Township, MI cost?
Median Sold Price
$335,900
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,000(+3.4%)
Key Takeaway
Homes in Oshtemo Charter Township have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Oshtemo Charter Township was $335,900 in November 2024, up 3.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $265K | $281.7K | +6.3% |
| 3 Bedrooms | $301K | $320.1K | +6.4% |
| 4 Bedrooms | $405K | $383K | -5.4% |
| 5+ Bedrooms | $515K | $605K | +17.5% |
Summary: Oshtemo Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Cooper Charter Township | $229K | $264.8K | +15.6% |
| Alamo Township | $365K | $392.4K | +7.5% |
| Kalamazoo Charter Township | $219.4K | $230.5K | +5.1% |
| Kalamazoo | $219.7K | $230.3K | +4.8% |
| Oshtemo Charter Township | $324.9K | $335.9K | +3.4% |
Housing Supply in Oshtemo Charter Township, MI
How many homes are available in Oshtemo Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 62 | -16.2% |
Summary: The Oshtemo Charter Township real estate market had 62 homes for sale in November 2024, a 16.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Oshtemo Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oshtemo Charter Township, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Oshtemo Charter Township in November 2024, up by 5.3% month-over-month. Of the 20 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.
Days on Market for Oshtemo Charter Township, MI
How long does it take to sell a home in Oshtemo Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 53 Days | +50.2% |
Summary: Homes in Oshtemo Charter Township had an average of 53 days on market in Nov 2024, up by 50.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oshtemo Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Oshtemo Charter Township; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
