Is Milford 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, Milford Township has remained a Seller's Market.
Housing Prices in Milford Township, OH
How much do homes in Milford Township, OH cost?
Median Sold Price
$349,750
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Milford Township was $349,750 in March 2024, up 18.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $150K | $230K | +53.3% |
3 Bedrooms | $297.5K | $320K | +7.6% |
4 Bedrooms | $342.5K | $413K | +20.6% |
5+ Bedrooms | - | $474.5K | N/A |
Summary: Milford Township 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 increased by 53.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes did not change.
Housing Supply in Milford Township, OH
How many homes are available in Milford Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 15 | -28.6% |
Summary: The Milford Township real estate market had 15 homes for sale in March 2024, a 28.6% 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 | 11 | 9 | -18.2% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Milford 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 decreased by 66.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Milford Township in March 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Milford Township, OH
How long does it take to sell a home in Milford Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
3 Days | 25 Days | +746.7% |
Summary: Homes in Milford Township had an average of 25 days on market in Mar 2024, up by 746.7% compared to last year.
Breakdown of Home Sale Times
3 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, 5 homes were sold in Milford Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.