Is Oscoda, MI 48750 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Oscoda is a seller’s market. With about 3.4 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score41/ 100

More competitive than 40% of U.S. ZIP codes, and #413 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.4Under 4 months = seller’s market
Sold above original list19.2%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$171▲ +10.7% vs. last year

The Oscoda housing market right now

In the three months ending August 31, 2026, 19% of homes in Oscoda, MI 48750 sold above their list price, the typical home went under contract in 38 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 54 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold about as fast and the median sale price rose 32% to $198,614. Overall, Oscoda is more competitive than a year ago, so tougher for buyers.

Within Iosco County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Oscoda ranks #413 of 510 MI ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Whittemore 48770 (0% sold over asking) or Tawas City 48763 (0% sold over asking).

Nearby markets

East Tawas 48730Balanced $172 /sq ftHale 48739Balanced $153 /sq ftLong Lake 48743 — /sq ftNational City 48748Seller’s market $201 /sq ft Browse all markets →

Where Oscoda is

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Questions about Oscoda real estate

Is Oscoda a buyer’s or seller’s market?

A seller’s market: there were 3.4 months of supply in Oscoda, MI 48750 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Oscoda?

The typical home went under contract in 38 days in the latest three months.

Do homes in Oscoda sell over asking?

19% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.

What are property taxes in Oscoda?

About 0.96% of a home’s value a year in Iosco County, or roughly $3,840 on a $400,000 home.

What is the median home price in Oscoda?

The median sale price was $198,614 in the three months ending August 31, 2026, about $171 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology