$2,019 Closing Credit*
$170,000
1,352 SqFt
4 Beds
•1 Full Bath, 1 Partial
LIZ DYSINGER, Listing Office: Homes -N- Land Real Estate
Is Owosso Charter Township, 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, Owosso Charter Township has remained a Seller's Market.
Key Takeaway
Owosso Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Owosso Charter Township, MI
How much do homes in Owosso Charter Township, MI cost?
Median Sold Price
$162,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+14.1%)
Key Takeaway
Homes in Owosso Charter Township have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Owosso Charter Township was $162,000 in October 2024, up 14.1% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $73K | +12.3% |
| 2 Bedrooms | $125K | $129K | +3.2% |
| 3 Bedrooms | $145K | $175.5K | +21.0% |
| 4 Bedrooms | $160.9K | $182.5K | +13.5% |
| 5+ Bedrooms | $124.9K | $320K | +156.2% |
Summary: Owosso Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 156.2%.
Median Sold Price Compared To Nearby Cities
| Owosso Charter Township | $142K | $162K | +14.1% |
| Owosso | $142.3K | $162K | +13.8% |
| Caledonia Charter Township | $370.2K | $369.9K | -0.1% |
Housing Supply in Owosso Charter Township, MI
How many homes are available in Owosso Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 100 | 110 | +10.0% |
Summary: The Owosso Charter Township real estate market had 110 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 49 | 57 | +16.3% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Owosso Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Owosso Charter Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Owosso Charter Township in October 2024, up by 7.4% month-over-month. Of the 28 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.
Days on Market for Owosso Charter Township, MI
How long does it take to sell a home in Owosso Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 20 Days | +24.6% |
Summary: Homes in Owosso Charter Township had an average of 20 days on market in Oct 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Owosso Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in Owosso Charter Township; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.