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Housing in Oceola Township

239 homes sold in Oceola Township in the last year, at a typical $386K

Redfin reports Oceola Township’s sales by ZIP code, so these figures are for ZIP 48855, which takes in Oceola Township and the area around it. About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oceola Township homes are listed.

Homes for sale in Oceola TownshipZillowRealtor.comMore places to look ↓
Homes sold
239
ZIP 48855 · June 2025 to May 2026
Typical sale price
$386K
houses $418K · condos $352K
Price per square foot
$202
Michigan $172
Paid vs. asking
99.6%
32% sold over asking
For sale now
43
May 2026 · 22 sold that month
What sold · last 12 months · ZIP 48855

A third of Oceola Township’s sales are condos, at $66K less than a house

156 houses and 83 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$418K

typical sale · 156 sold in 12 months

Per square foot
$205MI $172
Days to sell
36
Sold over asking
35%
Condos$352K

typical sale · 83 sold in 12 months

Per square foot
$219MI $190
Days to sell
89
Sold over asking
27%
14 years of sales

Fewer homes sell than before 2023, at 1.8 times the 2016 price

239 sales in the last year, against 382 in 2022 and a low of 190 in 2012. The typical sale went from $209K in 2016 to $386K.

Homes soldTypical sale price
0100200300400$200K$300K$400K$500K2012: 190 sold, typical $141K’122013: 262 sold, typical $154K2014: 313 sold, typical $175K’142015: 359 sold, typical $194K2016: 335 sold, typical $209K’162017: 328 sold, typical $235K2018: 312 sold, typical $256K’182019: 316 sold, typical $255K2020: 308 sold, typical $274K’202021: 314 sold, typical $298K2022: 382 sold, typical $284K’222023: 224 sold, typical $317K2024: 194 sold, typical $345K’242025: 224 sold, typical $371KLast 12 months: 239 sold, typical $386KNow

Source: Redfin Data Center, MLS sales; for ZIP 48855, which takes in Oceola Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Oceola Township

Houseat $205 a sq ft
Condoat $219 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Oceola Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Oceola Township are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of home sales in ZIP 48855 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 239 sales.

If you’re buying in Oceola Township

  • Shop in May. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
  • Bid near asking. Buyers paid 99.6% of the list price on average; 32% paid over.
  • You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 45 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 37 a month), and the most competition: 37% close over asking. May and June offer nearly as much choice with fewer homes bid up (32%). January has the least competition (24%) but only about 21 new listings.

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 21 new listings a month, 24% sold over asking, 51 days to sellJFeb: 19 new listings a month, 25% sold over asking, 51 days to sellFMar: 26 new listings a month, 25% sold over asking, 58 days to sellMApr: 28 new listings a month, 27% sold over asking, 48 days to sellAMay: 36 new listings a month, 32% sold over asking, 33 days to sellMJun: 36 new listings a month, 35% sold over asking, 26 days to sellJJul: 37 new listings a month, 37% sold over asking, 26 days to sellJAug: 34 new listings a month, 34% sold over asking, 26 days to sellASep: 31 new listings a month, 33% sold over asking, 31 days to sellSOct: 29 new listings a month, 28% sold over asking, 35 days to sellONov: 26 new listings a month, 26% sold over asking, 39 days to sellNDec: 22 new listings a month, 25% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Michigan as a whole

Oceola Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price32%23%46%31%
Gone within two weeksShare of homes under contract within 14 days42%41%59%43%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price99.6%98.8%101.2%98.4%
Days to sellMedian days from listing to contract45311533
Supply

58 homes for sale on a typical day

That’s 1.8 times the 2023 low (32), 23% fewer than in 2017–19 and well under 2014’s 156.

2012: 100 for sale’122013: 121 for sale2014: 156 for sale2015: 133 for sale’152016: 74 for sale2017: 61 for sale2018: 95 for sale’182019: 71 for sale2020: 53 for sale2021: 34 for sale’212022: 63 for sale2023: 32 for sale2024: 34 for sale’242025: 64 for saleLast 12 months: 58 for saleNow
Prices by type

Since 2019, houses are up 54%, condos 117%

A house typically sold for $418K in the last year (156 sales), a condo for $352K (83).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $165K, 213 salesHouses 2014: $186K, 252 salesHouses 2015: $212K, 283 salesHouses 2016: $232K, 259 salesHouses 2017: $248K, 275 salesHouses 2018: $272K, 254 salesHouses 2019: $272K, 253 salesHouses 2020: $291K, 247 salesHouses 2021: $329K, 231 salesHouses 2022: $359K, 202 salesHouses 2023: $357K, 152 salesHouses 2024: $404K, 135 salesHouses 2025: $418K, 150 salesHouses last 12 months: $418K, 156 salesHouses $418KCondos 2013: $98K, 47 salesCondos 2014: $106K, 61 salesCondos 2015: $116K, 76 salesCondos 2016: $142K, 74 salesCondos 2017: $131K, 53 salesCondos 2018: $161K, 55 salesCondos 2019: $162K, 63 salesCondos 2020: $179K, 61 salesCondos 2021: $216K, 83 salesCondos 2022: $255K, 179 salesCondos 2023: $263K, 71 salesCondos 2024: $271K, 59 salesCondos 2025: $322K, 74 salesCondos last 12 months: $352K, 83 salesCondos $352K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 48855, which takes in Oceola Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Oceola Township home costs about $2,297 a month

Mortgage
Property tax
Insurance
Rent

Price: Oceola Township’s typical sale, last 12 months. Property tax at Oceola Township’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oceola Township is affordable on local pay is on Cost of living.

Before you buy in Oceola Township

Six things worth knowing

37

New listings in July

The month with the most choice. February has the fewest, about 19.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $386K home, about $3,390 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Oceola Township, from test results, graduation and how much students grow.

Schools in Oceola Township
31 min

Typical commute

The average one-way trip to work for people who live in Oceola Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Howell, Fowlerville, Linden and Fenton sell for less a square foot; Argentine Township for far more

The busier markets within 25 miles of Oceola Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oceola Township (ZIP 48855)239$386K$20232%45
Fenton166$271K$18934%26
Brighton157$348K$21032%32
Howell148$312K$19433%25
Linden60$316K$18338%25
Fowlerville39$290K$18528%35
Argentine Township31$595K$26929%348

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Oceola Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oceola Township. People who follow the town see it, and so do people comparing Oceola Township with their own town. No commission, no listing fee.

Questions about buying a home in Oceola Township

What do homes sell for in Oceola Township, MI?

239 homes sold in the year to May 2026 at a typical $386K, $202 a square foot. Houses sold for about $418K, condos for about $352K.

Is Oceola Township a buyer’s or seller’s market?

A seller’s market: 43 homes were for sale in May 2026 and 22 sold, about 1.9 months of supply. Buyers paid 99.6% of asking on average.

When is the best time to buy in Oceola Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Oceola Township?

About 0.9% of a home’s value a year. On a $386K home that’s near $3,390.

Where can I see homes for sale in Oceola Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Oceola Township’s MLS listings; the search links above open each one filtered to Oceola Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48855, which takes in Oceola Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).