Is Oscoda Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Oscoda Charter Township was a Neutral Market.
Housing Prices in Oscoda Charter Township, MI
How much do homes in Oscoda Charter Township, MI cost?
Median Sold Price
$161,500
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oscoda Charter Township was $161,500 in April 2024, up 22.3% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $57.1K | $75K | +31.3% |
2 Bedrooms | $154.5K | $144.7K | -6.3% |
3 Bedrooms | $117K | $163.5K | +39.7% |
4 Bedrooms | $233K | $185K | -20.6% |
5+ Bedrooms | $210K | $162K | -22.9% |
Summary: Oscoda Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.3%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 39.7%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes decreased by 22.9%.
Median Sold Price Compared To Nearby Cities
Oscoda | $120K | $148K | +23.3% |
Oscoda Charter Township | $132K | $161.5K | +22.3% |
Housing Supply in Oscoda Charter Township, MI
How many homes are available in Oscoda Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Summary: The Oscoda Charter Township real estate market had 33 homes for sale in April 2024, a 32.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Oscoda Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Oscoda Charter Township in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Oscoda Charter Township, MI
How long does it take to sell a home in Oscoda Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 57 Days | +25.0% |
Summary: Homes in Oscoda Charter Township had an average of 57 days on market in Apr 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Oscoda Charter Township; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.