Is Mill 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, Mill Township has remained a Seller's Market.
Key Takeaway
Mill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mill Township, OH
How much do homes in Mill Township, OH cost?
Median Sold Price
$119,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mill Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Mill Township was $119,000 in March 2024, up 7.8% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88K | $72.5K | -17.6% |
| 2 Bedrooms | $94.2K | $80K | -15.1% |
| 3 Bedrooms | $110.3K | $140.5K | +27.4% |
| 4 Bedrooms | $136.9K | $139.9K | +2.2% |
| 5+ Bedrooms | $157.5K | $95K | -39.7% |
Summary: Mill Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 39.7%.
Median Sold Price Compared To Nearby Cities
| Dennison | $122K | $139.9K | +14.7% |
| Mill Township | $110.3K | $119K | +7.8% |
| Uhrichsville | $115K | $123K | +7.0% |
Housing Supply in Mill Township, OH
How many homes are available in Mill Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Mill Township real estate market had 33 homes for sale in March 2024, a 13.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mill Township 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mill Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Mill Township in March 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Mill Township, OH
How long does it take to sell a home in Mill Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 51 Days | +16.8% |
Summary: Homes in Mill Township had an average of 51 days on market in Mar 2024, up by 16.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mill Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Mill Township; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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