Is Osceola County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Osceola County is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Osceola County, MI cost?

Median Sold Price

$155,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$25,000(+19.2%)

Key Takeaway

Homes in Osceola County have sold for 19.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $68K$100K
+47.1%
2 $107K$127K
+18.7%
3 $129K$158K
+22.5%
4 $185K$184.5K
-0.3%
5+ $247K$190K
-23.1%

Median Sold Price Compared To Nearby Counties

Lake County
+20.4%
Osceola County
+19.2%
Clare County
+10.6%
Wexford County
+3.9%
Missaukee County
+1.2%

How many homes are available in Osceola County, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
165173+4.8%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 79
+28.6%
2 3240
+25.0%
3 8989
0.0%
4 3024
-20.0%
5+ 711
+57.1%

Number of Homes Sold

Jul 2022Aug 2022%
4133-19.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Osceola County, you could pay more than the asking price. 39.4% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
67 Days68 Days+0.9%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Osceola County has remained consistent over time.

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

About Osceola County, MI

There are 173 homes are for sale in Osceola County, MI real estate market. The number of listings in Osceola County, MI increased by 4.8% between July 2022 and August 2022. In August 2022, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $155,000. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 47.1%, 2 bedrooms properties became 18.7% more expensive, the cost of 3 bedrooms properties went up by 22.5%, 4 bedrooms properties prices decreased by 0.3%, 5 bedrooms properties became 23.1% more cheaper. This housing market inventory have changed: volume of 1 bedroom homes went up by 28.6%, 2 bedrooms homes became 25% more available, the quantity of 3 bedrooms homes have not changed, the quantity of 4 bedrooms homes went down by 20%, volume of 5 bedrooms homes went up by 57.1%. Osceola County, MI housing market in August 2022 saw over 13 listings sold above listed price, more than 8 sold at listed price and over 12 sold below.

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