Is Miami Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miami Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Miami Township has remained a Seller's Market.

Key Takeaway

Miami Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Miami Township, OH

How much do homes in Miami Township, OH cost?

Median Sold Price

$241,666

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$16,666(+7.4%)

Key Takeaway

Homes in Miami Township have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Miami Township was $241,666 in September 2024, up 7.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $62.9K$81.5K
+29.5%
2 $126K$135K
+7.1%
3 $220K$230.6K
+4.9%
4 $317.5K$320K
+0.8%
5+ $263K$365K
+38.8%

Summary: Miami Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 38.8%.

Median Sold Price Compared To Nearby Cities

West Carrollton
+17.3%
Moraine
+11.4%
Miami Township
+7.4%
Miamisburg
+7.4%
Jefferson Township
-7.7%

Housing Supply in Miami Township, OH

How many homes are available in Miami Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
177162-8.5%

Summary: The Miami Township real estate market had 162 homes for sale in September 2024, a 8.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 2624
-7.7%
3 10386
-16.5%
4 4146
+12.2%
5+ 54
-20.0%

Summary: The Miami Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
6251-17.7%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miami Township, you may be able to get a good deal. 45.1% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Miami Township in September 2024, down by 17.7% month-over-month. Of the 51 sold homes, 45% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Miami Township, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Miami Township, OH

Nearby Markets to Miami Township, OH

What housing markets are near Miami Township, OH?