$59,900
2.03 Acres
Land
Marjorie Zaccanelli, Listing Office: RE/MAX Bayshore Manistee
Is Onekama, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Onekama was a Seller's Market.
Key Takeaway
Onekama is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Onekama, MI
How much do homes in Onekama, MI cost?
Median Sold Price
$295,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$13,800(+4.9%)
Key Takeaway
Homes in Onekama have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Onekama was $295,000 in September 2024, up 4.9% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $204.9K | -8.9% |
| 2 Bedrooms | $182K | $202.5K | +11.3% |
| 3 Bedrooms | $315.6K | $300K | -4.9% |
| 4 Bedrooms | $200K | $315K | +57.5% |
| 5+ Bedrooms | $640K | - | N/A |
Summary: Onekama housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 57.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Onekama Township | $200K | $297.5K | +48.8% |
| Onekama | $281.2K | $295K | +4.9% |
Housing Supply in Onekama, MI
How many homes are available in Onekama, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Onekama real estate market had 6 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Onekama 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Onekama, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Onekama in September 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Onekama, MI
How long does it take to sell a home in Onekama, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 53 Days | 35 Days | -34.8% |
Summary: Homes in Onekama had an average of 35 days on market in Sep 2024, down by 34.8% 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
Key Takeaway
Avg time on Rocket Homes in Onekama has remained consistent over time.
Summary: During September 2024, 1 homes were sold in Onekama; 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.
