Is Miami County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Miami County has remained a Seller's Market.
Key Takeaway
Miami County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Miami County, OH
How much do homes in Miami County, OH cost?
Median Sold Price
$234,089
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Miami County have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Miami County was $234,089 in March 2024, up 11.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61K | $65K | +6.6% |
| 2 Bedrooms | $133.4K | $149.2K | +11.8% |
| 3 Bedrooms | $191.6K | $219.9K | +14.7% |
| 4 Bedrooms | $329.6K | $340K | +3.1% |
| 5+ Bedrooms | $396.5K | $400K | +0.9% |
Summary: Miami County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Counties
| Shelby County | $181.2K | $203.7K | +12.4% |
| Miami County | $209.5K | $234K | +11.7% |
| Montgomery County | $185K | $199.5K | +7.8% |
| Clark County | $174.1K | $185K | +6.3% |
| Darke County | $160K | $167.3K | +4.6% |
Housing Supply in Miami County, OH
How many homes are available in Miami County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 275 | 280 | +1.8% |
Summary: The Miami County real estate market had 280 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 38 | 31 | -18.4% |
| 3 Bedrooms | 136 | 153 | +12.5% |
| 4 Bedrooms | 74 | 71 | -4.1% |
| 5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The Miami County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 86 | +1.2% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Miami County, you may be able to get a good deal. 53.5% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Miami County in March 2024, up by 1.2% month-over-month. Of the 86 sold homes, 53% were sold under asking, 22% were sold at asking, and 24% were sold over asking.
Days on Market for Miami County, OH
How long does it take to sell a home in Miami County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 65 Days | +7.0% |
Summary: Homes in Miami County had an average of 65 days on market in Mar 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Miami County has remained consistent over time.
Summary: During March 2024, 86 homes were sold in Miami County; 20% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 22% 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. 
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This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.