Is Oscoda County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Oscoda County has remained a Neutral Market.
Housing Prices in Oscoda County, MI
How much do homes in Oscoda County, MI cost?
Median Sold Price
$110,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oscoda County was $110,000 in March 2024, down 8.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.5K | $79K | +26.4% |
2 Bedrooms | $84K | $90K | +7.1% |
3 Bedrooms | $155K | $147K | -5.2% |
4 Bedrooms | $200K | $170K | -15.0% |
5+ Bedrooms | $262.5K | $11.8M | +4433.2% |
Summary: Oscoda County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 4433.2%.
Median Sold Price Compared To Nearby Counties
Crawford County | $170K | $199K | +17.1% |
Alcona County | $150K | $175K | +16.7% |
Ogemaw County | $137K | $149.9K | +9.4% |
Montmorency County | $147.1K | $159K | +8.0% |
Oscoda County | $120K | $110K | -8.3% |
Housing Supply in Oscoda County, MI
How many homes are available in Oscoda County, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 38 | +8.6% |
Summary: The Oscoda County real estate market had 38 homes for sale in March 2024, a 8.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 16 | +45.5% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oscoda County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 45.5%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Oscoda County in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Oscoda County, MI
How long does it take to sell a home in Oscoda County, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Oscoda County; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.