Is Milford, 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, Milford has remained a Seller's Market.
Housing Prices in Milford, OH
How much do homes in Milford, OH cost?
Median Sold Price
$320,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Milford was $320,000 in March 2024, up 9.8% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $247.5K | $217.5K | -12.1% |
3 Bedrooms | $288K | $297.5K | +3.3% |
4 Bedrooms | $300K | $407.5K | +35.8% |
5+ Bedrooms | - | $575K | N/A |
Summary: Milford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes did not change.
Housing Supply in Milford, OH
How many homes are available in Milford, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Summary: The Milford real estate market had 8 homes for sale in March 2024, a 38.5% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Milford 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 decreased by 66.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Milford in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Milford, OH
How long does it take to sell a home in Milford, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
3 Days | 52 Days | +1650.0% |
Summary: Homes in Milford had an average of 52 days on market in Mar 2024, up by 1650% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Milford; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.