Kyle T Matta, Listing Office: @properties Christies Intl R E Rochester
Ogemaw County Housing Market Report December 2024•Ogemaw County, Michigan
Housing Prices in Ogemaw County, MI
How much do homes in Ogemaw County, MI cost?
Housing Market Conditions
Is Ogemaw County, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ogemaw County is a Seller's Market
Difference Since December 2023
Since last year, Ogemaw County has remained a Seller's Market.
Ogemaw County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Ogemaw County have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in Ogemaw County was $166,000 in December 2024, up 18.3% from last year, and the median price per square foot was $133.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Oscoda County | $105K | $131.2K | +25.0% |
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 | $76.5K | $85K | +11.1% |
22 Bedrooms | $105K | $120K | +14.3% |
33 Bedrooms | $188.2K | $180K | -4.4% |
44 Bedrooms | $240K | $259K | +7.9% |
55+ Bedrooms | $250K | $309.5K | +23.8% |
Summary: Ogemaw County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +11.1%. The home price for 2 bedroom homes increased by +14.3%. The home price for 3 bedroom homes decreased by -4.4%. The home price for 4 bedroom homes increased by +7.9%. The home price for 5 bedroom homes increased by +23.8%.
Housing supply in Ogemaw County, MI
How many homes are available in Ogemaw County, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
95Last MonthDec 2024 | ||
1102 months agoNov 2024 | -13.6 % Change MoMNov – Dec |
Summary: The Ogemaw County real estate market had 95 homes for sale in Dec 2024, a 13.6 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthDec 2024 | ||
252 months agoNov 2024 | -36.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 5 | +25.0% |
22 Bedrooms | 21 | 19 | -9.5% |
33 Bedrooms | 60 | 49 | -18.3% |
44 Bedrooms | 16 | 16 | 0.0% |
55+ Bedrooms | 9 | 6 | -33.3% |
Summary: Ogemaw County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes decreased by -9.5%. The inventory for 3 bedroom homes decreased by -18.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Ogemaw County, MI cost?
Over Asking Price1 Home
At Asking Price6 Homes
Under Asking Price9 Homes
If you're buying a home in Ogemaw County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Ogemaw County in December 2024, down by 36.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 38% were sold at asking, and and 6% were sold over asking.
Days on Market for Ogemaw County, MI
How long does it take to sell a home in Ogemaw County, MI?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days4 Homes
Over 90 Days4 Homes
Many homes in Ogemaw County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in Ogemaw County; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
94 DaysThis YearDec 2024 | ||
46 Days1 year agoDec 2023 | +105.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Ogemaw County had an average listing age of 94 days in Dec 2024, up by 105.6% compared to the previous year.
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Newest Listings in Ogemaw County, MI
What homes are available in Ogemaw County, MI?
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Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., MiRealSource Inc. DL, Water Wonderland MLS Inc., and Michigan Regional Information Center LLC for the period 01/01/2023 - 01/01/2025
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.
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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.
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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.
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, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.