Lake Odessa Real Estate Market

Lake Odessa Market

The median sale price for homes in Lake Odessa over the last 12 months is $58,100.


The median mortgage debt is $78,724.

Additional Statistics for Single Family Homes and Condos in Lake Odessa, MI
$114,450
Median Listing Price
48
Median Days on Market
38
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Lake Odessa, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lake Odessa is $114,450. The list prices increased by 0.48% from the previous month.

The price per square foot for listings in this area is $85.

The median sale price in December for single family homes is $83,700. The sale prices increased by 61.11% from the previous month.

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Lake Odessa, MI Market Inventory Trends

The number of active listings in Lake Odessa dropped by 2.6% from the previous month.

The median number of days active properties have been listed is 48. This is significantly shorter than the national average.

The number of sales increased by 150% from the previous month.

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Lake Odessa, MI Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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