New - 2 days on Rocket
$582 Closing Credit¹
KAREN HAGLUND, Listing Office: TAWAS SUNSHINE REALTY
Iosco County Housing Market Report December 2024•Iosco County, Michigan
Housing Prices in Iosco County, MI
How much do homes in Iosco County, MI cost?
Housing Market Conditions
Is Iosco County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Iosco County is a Seller's Market
Difference Since December 2023
Since last year, Iosco County has remained a Seller's Market.
Insight
Iosco County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$190,350$142/SqFt
+$27,850
+17.1%
Based on all homes sold in the last 12 months
Insight
Homes in Iosco County have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Iosco County was $190,350 in December 2024, up 17.1% from last year, and the median price per square foot was $142.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Ogemaw County | $140.3K | $166K | +18.3% |
| Iosco County | $162.5K | $190.3K | +17.1% |
| Arenac County | $146.5K | $167.5K | +14.3% |
| Alcona County | $168.5K | $176K | +4.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $80K | $100.7K | +25.9% |
| 22 Bedrooms | $150K | $160K | +6.7% |
| 33 Bedrooms | $163K | $199K | +22.1% |
| 44 Bedrooms | $210K | $285K | +35.7% |
| 55+ Bedrooms | $205K | $247.8K | +20.9% |
Summary: Iosco County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +25.9%. The home price for 2 bedroom homes increased by +6.7%. The home price for 3 bedroom homes increased by +22.1%. The home price for 4 bedroom homes increased by +35.7%. The home price for 5 bedroom homes increased by +20.9%.
Housing supply in Iosco County, MI
How many homes are available in Iosco County, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 135Last MonthDec 2024 | ||
| 1432 months agoNov 2024 | -5.6 % Change MoMNov – Dec |
Summary: The Iosco County real estate market had 135 homes for sale in Dec 2024, a 5.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthDec 2024 | ||
| 272 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 11 | 9 | -18.2% |
| 22 Bedrooms | 43 | 39 | -9.3% |
| 33 Bedrooms | 68 | 71 | +4.4% |
| 44 Bedrooms | 18 | 13 | -27.8% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Iosco County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -18.2%. The inventory for 2 bedroom homes decreased by -9.3%. The inventory for 3 bedroom homes increased by +4.4%. The inventory for 4 bedroom homes decreased by -27.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Iosco County, MI cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price22 Homes
Insight
If you're buying a home in Iosco County, you may be able to get a good deal. 81.5% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Iosco County in December 2024, the same as the previous month. Of the 27 sold homes, 81% were sold under asking, 7% were sold at asking, and and 11% were sold over asking.
Days on Market for Iosco County, MI
How long does it take to sell a home in Iosco County, MI?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days8 Homes
Over 90 Days11 Homes
Insight
Most homes in Iosco County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 27 homes were sold in Iosco County; 15% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 87 DaysThis YearDec 2024 | ||
| 65 Days1 year agoDec 2023 | +33.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Iosco County had an average listing age of 87 days in Dec 2024, up by 33.8% compared to the previous year.
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Newest Listings in Iosco County, MI
What homes are available in Iosco County, MI?
New - 2 days on Rocket
$1,900 Closing Credit¹
FAITH LOOK, Listing Office: STERLING PROPERTIES
New - 2 days on Rocket
$3,681 Closing Credit¹
Maria Alman, Listing Office: Bertram Realty
New - 2 days on Rocket
$3,681 Closing Credit¹
Maria Aleman, Listing Office: Bertram Realty LLC
New - 4 days on Rocket
$2,612 Closing Credit¹
TIFARAH ARAGONA, Listing Office: GREAT LAKE REALTY CO, LLC
New - 5 days on Rocket
$4,513 Closing Credit¹
JEFF PUKALL, Listing Office: STERLING PROPERTIES
New - 7 days on Rocket
$2,018 Closing Credit¹
JEFF PUKALL, Listing Office: STERLING PROPERTIES
NATALIE WOOD, Listing Office: HERITAGE HOUSE REALTY PC
$1,661 Closing Credit¹
NATALIE WOOD, Listing Office: HERITAGE HOUSE REALTY PC
$1,661 Closing Credit¹
ANGIE JONES, Listing Office: REAL ESTATE ONE NORTHEAST
$3,070 Closing Credit¹
Christopher Parker, Listing Office: EXP Realty
$5,521 Closing Credit¹
David Rawls, Listing Office: New Michigan Realty LLC
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., Water Wonderland MLS Inc., Michigan Regional Information Center LLC, and Northern Michigan MLS for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.