Is Miami Township, 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 Township has remained a Seller's Market.
Housing Prices in Miami Township, OH
How much do homes in Miami Township, OH cost?
Median Sold Price
$230,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Miami Township was $230,000 in March 2024, up 6.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.9K | $84.9K | +35.0% |
2 Bedrooms | $113.7K | $127.5K | +12.1% |
3 Bedrooms | $215.2K | $225K | +4.5% |
4 Bedrooms | $285K | $320K | +12.3% |
5+ Bedrooms | $299K | $295.5K | -1.2% |
Summary: Miami Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Moraine | $137.5K | $159.9K | +16.3% |
Miamisburg | $205K | $237.3K | +15.8% |
Miami Township | $216.6K | $230K | +6.2% |
West Carrollton | $152K | $159.9K | +5.2% |
Jefferson Township | $165K | $165K | 0.0% |
Housing Supply in Miami Township, OH
How many homes are available in Miami Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 123 | -6.1% |
Summary: The Miami Township real estate market had 123 homes for sale in March 2024, a 6.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 71 | 69 | -2.8% |
4 Bedrooms | 30 | 25 | -16.7% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Miami Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 53 | +23.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Miami Township in March 2024, up by 23.3% month-over-month. Of the 53 sold homes, 36% were sold under asking, 19% were sold at asking, and 45% were sold over asking.
Days on Market for Miami Township, OH
How long does it take to sell a home in Miami Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 48 Days | -3.0% |
Summary: Homes in Miami Township had an average of 48 days on market in Mar 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 53 homes were sold in Miami Township; 23% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.