Is Mill Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mill Township has remained a Seller's Market.
Housing Prices in Mill Township, OH
How much do homes in Mill Township, OH cost?
Median Sold Price
$122,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mill Township was $122,000 in May 2024, up 6.6% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $72.5K | N/A |
2 Bedrooms | $105.5K | $82K | -22.3% |
3 Bedrooms | $114K | $140K | +22.8% |
4 Bedrooms | $155K | $139.9K | -9.7% |
5+ Bedrooms | $130K | $95K | -26.9% |
Summary: Mill Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.3%, 3 bedroom homes increased by 22.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
Dennison | $125K | $139.9K | +12.0% |
Uhrichsville | $116K | $125K | +7.8% |
Mill Township | $114.5K | $122K | +6.6% |
Union Township | $300K | $265.9K | -11.4% |
Housing Supply in Mill Township, OH
How many homes are available in Mill Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Summary: The Mill Township real estate market had 24 homes for sale in May 2024, a 4.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mill Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Mill Township in May 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Mill Township, OH
How long does it take to sell a home in Mill Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 22 Days | -51.0% |
Summary: Homes in Mill Township had an average of 22 days on market in May 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Mill Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.