Is Oceola Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oceola Township has remained a Seller's Market.
Housing Prices in Oceola Township, MI
How much do homes in Oceola Township, MI cost?
Median Sold Price
$390,250
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oceola Township was $390,250 in April 2024, up 2.6% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $324.9K | $285K | -12.3% |
3 Bedrooms | $345K | $364.2K | +5.6% |
4 Bedrooms | $413.5K | $449.9K | +8.8% |
5+ Bedrooms | $502.5K | $465K | -7.5% |
Summary: Oceola Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Genoa Township | $360K | $401K | +11.4% |
Deerfield Township | $327.5K | $354K | +8.1% |
Howell | $333.9K | $351.9K | +5.4% |
Howell Township | $336.2K | $352.3K | +4.8% |
Oceola Township | $380.2K | $390.2K | +2.6% |
Housing Supply in Oceola Township, MI
How many homes are available in Oceola Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 36 | +63.6% |
Summary: The Oceola Township real estate market had 36 homes for sale in April 2024, a 63.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 14 | 23 | +64.3% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oceola Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 64.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Oceola Township in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Oceola Township, MI
How long does it take to sell a home in Oceola Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
161 Days | 11 Days | -93.1% |
Summary: Homes in Oceola Township had an average of 11 days on market in Apr 2024, down by 93.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Oceola Township; 100% 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.