Is Miamisburg, 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, Miamisburg has remained a Seller's Market.
Key Takeaway
Miamisburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Miamisburg, OH
How much do homes in Miamisburg, OH cost?
Median Sold Price
$231,600
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Miamisburg has remained the same since last year.
Summary: The median home sold price in Miamisburg was $231,600 in May 2024, down 0.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.5K | $267.7K | +441.0% |
| 2 Bedrooms | $142.3K | $155K | +8.9% |
| 3 Bedrooms | $220K | $234.9K | +6.8% |
| 4 Bedrooms | $320K | $319.5K | -0.2% |
| 5+ Bedrooms | $310K | $346.8K | +11.9% |
Summary: Miamisburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 441%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
| West Carrollton | $150K | $165K | +10.0% |
| Miami Township | $225.4K | $226.2K | 0.4% |
| Jefferson Township | $165K | $165K | 0.0% |
| Miamisburg | $231.7K | $231.6K | -0.1% |
Housing Supply in Miamisburg, OH
How many homes are available in Miamisburg, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 101 | 119 | +17.8% |
Summary: The Miamisburg real estate market had 119 homes for sale in May 2024, a 17.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 20 | 12 | -40.0% |
| 3 Bedrooms | 59 | 68 | +15.3% |
| 4 Bedrooms | 18 | 32 | +77.8% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Miamisburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 40 | +37.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Miamisburg, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Miamisburg in May 2024, up by 37.9% month-over-month. Of the 40 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.
Days on Market for Miamisburg, OH
How long does it take to sell a home in Miamisburg, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 48 Days | -20.1% |
Summary: Homes in Miamisburg had an average of 48 days on market in May 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Miamisburg has remained consistent over time.
Summary: During May 2024, 40 homes were sold in Miamisburg; 23% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.