Is Ossineke Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ossineke Township was a Buyer's Market.
Key Takeaway
Ossineke Township 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 Ossineke Township, MI
How much do homes in Ossineke Township, MI cost?
Median Sold Price
$266,500
$116/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Ossineke Township have sold for 22.4% less than they did a month ago.
Summary: The median home sold price in Ossineke Township was $266,500 in June 2024, down 22.4% from last month, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $343.4K | - | N/A |
| 3 Bedrooms | - | $266.5K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ossineke Township housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lachine | $221.7K | $450K | +103.0% |
| Hubbard Lake | $232K | $293K | +26.3% |
| Ossineke Township | $343.4K | $266.5K | -22.4% |
Housing Supply in Ossineke Township, MI
How many homes are available in Ossineke Township, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Summary: The Ossineke Township real estate market had 13 homes for sale in June 2024, a 44.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ossineke Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ossineke Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Ossineke Township in June 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Ossineke Township, MI
We’re sorry, we don't have information for this market at the moment
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