Is Missaukee County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Missaukee County has remained a Seller's Market.
Key Takeaway
Missaukee County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Missaukee County, MI
How much do homes in Missaukee County, MI cost?
Median Sold Price
$220,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Missaukee County have sold for 10% more than they did a year ago.
Summary: The median home sold price in Missaukee County was $220,000 in June 2024, up 10% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $204K | +23.6% |
| 2 Bedrooms | $145K | $199.9K | +37.9% |
| 3 Bedrooms | $210K | $216K | +2.9% |
| 4 Bedrooms | $241K | $240K | -0.4% |
| 5+ Bedrooms | $193K | $273.7K | +41.8% |
Summary: Missaukee County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 41.8%.
Median Sold Price Compared To Nearby Counties
| Wexford County | $180K | $212K | +17.8% |
| Missaukee County | $200K | $220K | +10.0% |
| Osceola County | $156.3K | $169.9K | +8.7% |
| Roscommon County | $168.5K | $177.1K | +5.1% |
| Clare County | $137.5K | $139.9K | +1.8% |
Housing Supply in Missaukee County, MI
How many homes are available in Missaukee County, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 54 | 65 | +20.4% |
Summary: The Missaukee County real estate market had 65 homes for sale in June 2024, a 20.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 30 | 39 | +30.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Missaukee County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Missaukee County, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Missaukee County in June 2024, up by 54.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for Missaukee County, MI
How long does it take to sell a home in Missaukee County, MI?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 84 Days | 56 Days | -33.7% |
Summary: Homes in Missaukee County had an average of 56 days on market in Jun 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Missaukee County has remained consistent over time.
Summary: During June 2024, 17 homes were sold in Missaukee County; 35% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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