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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oneida Charter Township is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Oneida Charter Township has remained a Buyer's Market.

Key Takeaway

Oneida Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Oneida Charter Township, MI

How much do homes in Oneida Charter Township, MI cost?

Median Sold Price

$335,500

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$85,500(+34.2%)

Key Takeaway

Homes in Oneida Charter Township have sold for 34.2% more than they did a year ago.

Summary: The median home sold price in Oneida Charter Township was $335,500 in September 2024, up 34.2% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $166.2K$210K
+26.3%
3 $237.5K$302.5K
+27.4%
4 $377K$350K
-7.2%
5+ $405K$412.5K
+1.9%

Summary: Oneida Charter Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 27.4%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Oneida Charter Township
+34.2%
Eagle Township
+22.1%
Grand Ledge
+10.0%
Delta Charter Township
+6.5%
Watertown Charter Township
0.0%

Housing Supply in Oneida Charter Township, MI

How many homes are available in Oneida Charter Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
98-11.1%

Summary: The Oneida Charter Township real estate market had 8 homes for sale in September 2024, a 11.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 53
-40.0%
5+ 13
+200.0%

Summary: The Oneida Charter Township housing inventory by bedroom type for September 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 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was 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 Oneida Charter Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Oneida Charter Township in September 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oneida Charter Township, MI

How long does it take to sell a home in Oneida Charter Township, MI?

Average Sale Time

Sep 2023Sep 2024CHANGE
39 Days34 Days-12.8%

Summary: Homes in Oneida Charter Township had an average of 34 days on market in Sep 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oneida Charter Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Oneida Charter Township; 0% of homes were sold within 30 days, 100% 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 30 Days Ago

Newest Listings in Oneida Charter Township, MI

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