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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oneida Charter Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Oneida Charter Township was a Seller's Market.

Key Takeaway

Oneida Charter 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 Oneida Charter Township, MI

How much do homes in Oneida Charter Township, MI cost?

Median Sold Price

$700,000

$178/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$283,000(+67.9%)

Key Takeaway

Homes in Oneida Charter Township have sold for 67.9% more than they did a month ago.

Summary: The median home sold price in Oneida Charter Township was $700,000 in April 2024, up 67.9% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $409K-
N/A
4 $450K-
N/A
5+ $412.5K$700K
+69.7%

Summary: Oneida Charter Township housing prices by bedroom type for April 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 increased by 69.7%.

Median Sold Price Compared To Nearby Cities

Oneida Charter Township
+67.9%
Eagle Township
-17.5%

Housing Supply in Oneida Charter Township, MI

How many homes are available in Oneida Charter Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Oneida Charter Township real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 24
+100.0%
4 10
-100.0%
5+ 32
-33.3%

Summary: The Oneida Charter 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oneida Charter Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Oneida Charter Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oneida Charter Township, MI

How long does it take to sell a home in Oneida Charter Township, MI?

Average Sale Time

Mar 2024Apr 2024CHANGE
35 Days25 Days-29.1%

Summary: Homes in Oneida Charter Township had an average of 25 days on market in Apr 2024, down by 29.1% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oneida Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Oneida Charter 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.

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

Report Updated 16 Days Ago

Newest Listings in Oneida Charter Township, MI

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What housing markets are near Oneida Charter Township, MI?