Is Osgood, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Osgood is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Osgood has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Osgood, ND

How much do homes in Osgood, ND cost?

Median Sold Price

$342,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$17,500(-4.9%)

Key Takeaway

Homes in Osgood have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Osgood was $342,000 in August 2024, down 4.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $482K$397K
-17.6%
3 $254.9K$279.9K
+9.8%
4 $385K$384.5K
-0.1%
5+ $710K$620K
-12.7%

Summary: Osgood housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Neighborhoods

Brandt Crossing
+35.6%
Osgood
-4.9%
Woodhaven
-11.9%

Housing Supply in Osgood, ND

How many homes are available in Osgood, ND?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
9387-6.5%

Summary: The Osgood real estate market had 87 homes for sale in August 2024, a 6.5% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 4234
-19.0%
4 2425
+4.2%
5+ 2624
-7.7%

Summary: The Osgood housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Osgood, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Osgood in August 2024, up by 13.0% month-over-month. Of the 26 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.

Days on Market for Osgood, ND

How long does it take to sell a home in Osgood, ND?

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Osgood are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 26 homes were sold in Osgood; 42% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 27 Days Ago

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