Is Osceola County, 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, Osceola County has remained a Seller's Market.
Housing Prices in Osceola County, MI
How much do homes in Osceola County, MI cost?
Median Sold Price
$167,950
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Osceola County was $167,950 in April 2024, up 8.3% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | $117.5K | +19.9% |
2 Bedrooms | $125K | $135K | +8.0% |
3 Bedrooms | $160K | $179.8K | +12.4% |
4 Bedrooms | $166.5K | $200K | +20.1% |
5+ Bedrooms | $396K | $259K | -34.6% |
Summary: Osceola County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.9%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes decreased by 34.6%.
Median Sold Price Compared To Nearby Counties
Wexford County | $168.9K | $216.8K | +28.4% |
Missaukee County | $183.7K | $215K | +17.0% |
Lake County | $134.9K | $150K | +11.2% |
Osceola County | $155K | $167.9K | +8.3% |
Clare County | $128K | $133K | +3.9% |
Housing Supply in Osceola County, MI
How many homes are available in Osceola County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 122 | +23.2% |
Summary: The Osceola County real estate market had 122 homes for sale in April 2024, a 23.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 29 | 35 | +20.7% |
3 Bedrooms | 34 | 48 | +41.2% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Osceola County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Osceola County in April 2024, down by 4.0% month-over-month. Of the 24 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Osceola County, MI
How long does it take to sell a home in Osceola County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 48 Days | +36.1% |
Summary: Homes in Osceola County had an average of 48 days on market in Apr 2024, up by 36.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Osceola County; 63% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.