Oscoda County, Michigan Housing Market
In Oscoda County, Michigan, the median home value is $125,500, with a median monthly rent of $681. This places Oscoda County at #2542 nationally out of 3134 counties by median home value, and #79 within Michigan.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $744
- Establishments: 187
- BLS QCEW, 2025
Housing Supply
- Single-family: 24
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,357 (avg $55,039)
- Outflow: 3,023 (avg $54,664)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Oscoda County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 48621 | 126.8 | +12.42% | 2021 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Oscoda County on Our Sister Sites
Get the complete picture for Oscoda County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Oscoda County Compares
| Metric | Oscoda County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $125,500 | $197,292 | $227,706 |
| Median Gross Rent | $681 | $905 | $968 |
| Owner Occupancy Rate | 87.2% | 80.2% | 73.3% |
| Price/Rent Ratio | 15.4 | 17.9 | 18.7 |
Market Analysis
The median home value in Oscoda County is 36.4% below the Michigan state average and 44.9% below the U.S. national average. The median rent of $681/month is 24.8% below the state average.
With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Oscoda County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Oscoda County has an owner-occupancy rate of 87.2%, compared to 80.2% in Michigan and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Jasper County | Illinois | $125,500 | $793 |
| Livingston County | Kentucky | $125,600 | $926 |
| Cibola County | New Mexico | $125,400 | $759 |
| Childress County | Texas | $125,400 | $913 |
| Page County | Iowa | $125,300 | $705 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clare County | $133,800 | $765 | 86.9% |
| Lake County | $133,900 | $875 | 82.0% |
| Baraga County | $138,100 | $616 | 78.5% |
| Luce County | $112,000 | $675 | 82.6% |
| Ontonagon County | $111,700 | $540 | 87.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).