Is Lake Milton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
At the same time last year, Lake Milton was a Seller's Market.
Key Takeaway
Lake Milton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Lake Milton, OH cost?
Median Sold Price
$189,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Key Takeaway
Homes in Lake Milton have sold for 3.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $250K | $282K | +12.8% |
| 2 Bedrooms | $120K | $165K | +37.5% |
| 3 Bedrooms | $203.2K | $170.4K | -16.1% |
| 4 Bedrooms | $535K | $381K | -28.8% |
| 5+ Bedrooms | $1.0M | - | N/A |
Median Sold Price Compared To Nearby Cities
| Diamond | $210.5K | $247.4K | +17.6% |
| Palmyra Township | $210.5K | $244.9K | +16.3% |
| Milton Township | $189.9K | $214K | +12.7% |
| Lake Milton | $183.5K | $189.5K | +3.3% |
| Craig Beach | $175.9K | $157.5K | -10.5% |
How many homes are available in Lake Milton, OH?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 12 | 13 | +8.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Milton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
How long does it take to sell a home in Lake Milton, OH?
How long does it take to sell a home in Lake Milton, OH?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 50 Days | 247 Days | +390.1% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lake Milton are selling fast, if you're buying plan to act quickly.
