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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ossineke Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Ossineke Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Ossineke Township, MI

How much do homes in Ossineke Township, MI cost?

Median Sold Price

$60,000

$54/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$121,000(-66.9%)

Key Takeaway

Homes in Ossineke Township have sold for 66.9% less than they did a month ago.

Summary: The median home sold price in Ossineke Township was $60,000 in March 2024, down 66.9% from last month, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $181K-
N/A
2 --
N/A
3 --
N/A
4 -$60K
N/A
5+ --
N/A

Summary: Ossineke Township housing prices by bedroom type for March 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.

Housing Supply in Ossineke Township, MI

How many homes are available in Ossineke Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Ossineke Township real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 24
+100.0%
4 01
+100.0%
5+ 33
0.0%

Summary: The Ossineke Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ossineke Township, 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 Ossineke Township in March 2024, the same as the previous 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 Ossineke Township, MI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 23 Days Ago

Newest Listings in Ossineke Township, MI

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