Is Mifflin 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, Mifflin Township has remained a Seller's Market.
Housing Prices in Mifflin Township, OH
How much do homes in Mifflin Township, OH cost?
Median Sold Price
$345,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mifflin Township was $345,000 in May 2024, up 1.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $185K | N/A |
2 Bedrooms | $228.5K | $246K | +7.7% |
3 Bedrooms | $310K | $310K | 0.0% |
4 Bedrooms | $385K | $414.5K | +7.7% |
5+ Bedrooms | $450K | $530K | +17.8% |
Summary: Mifflin 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 increased by 7.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Cities
Blendon Township | $290.5K | $325K | +11.9% |
Jefferson Township | $365K | $389.7K | +6.8% |
Gahanna | $344.7K | $356.7K | +3.5% |
Blacklick | $331.9K | $340K | +2.4% |
Mifflin Township | $339.1K | $345K | +1.7% |
Housing Supply in Mifflin Township, OH
How many homes are available in Mifflin Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
109 | 139 | +27.5% |
Summary: The Mifflin Township real estate market had 139 homes for sale in May 2024, a 27.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 49 | 65 | +32.7% |
4 Bedrooms | 40 | 54 | +35.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Mifflin Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 47 | +23.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Mifflin Township in May 2024, up by 23.7% month-over-month. Of the 47 sold homes, 28% were sold under asking, 15% were sold at asking, and 57% were sold over asking.
Days on Market for Mifflin Township, OH
How long does it take to sell a home in Mifflin Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 18 Days | +247.9% |
Summary: Homes in Mifflin Township had an average of 18 days on market in May 2024, up by 247.9% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 47 homes were sold in Mifflin Township; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.