Is Ossineke Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ossineke Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Ossineke Township was a Buyer's Market.

Key Takeaway

Ossineke Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ossineke Township, MI

How much do homes in Ossineke Township, MI cost?

Median Sold Price

$400,000

$111/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$218,000(+119.8%)

Key Takeaway

Homes in Ossineke Township have sold for 119.8% more than they did a month ago.

Summary: The median home sold price in Ossineke Township was $400,000 in November 2024, up 119.8% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$135K
N/A
3 $182K-
N/A
4 -$487.5K
N/A
5+ --
N/A

Summary: Ossineke Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ossineke Township
+119.8%
Lachine
0.3%

Housing Supply in Ossineke Township, MI

How many homes are available in Ossineke Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Ossineke Township real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 65
-16.7%
4 23
+50.0%
5+ 33
0.0%

Summary: The Ossineke 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ossineke Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ossineke Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ossineke Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ossineke Township, MI

Nearby Markets to Ossineke Township, MI

What housing markets are near Ossineke Township, MI?