Is Millersport, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millersport is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Millersport was a Buyer's Market.

Key Takeaway

Millersport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Millersport, OH

How much do homes in Millersport, OH cost?

Median Sold Price

$315,000

$226/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$65,000(-17.1%)

Key Takeaway

Homes in Millersport have sold for 17.1% less than they did a month ago.

Summary: The median home sold price in Millersport was $315,000 in March 2024, down 17.1% from last month, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $380K$315K
-17.1%
4 --
N/A
5+ --
N/A

Summary: Millersport housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 17.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Millersport, OH

How many homes are available in Millersport, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2021+5.0%

Summary: The Millersport real estate market had 21 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 87
-12.5%
4 66
0.0%
5+ 35
+66.7%

Summary: The Millersport 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millersport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Millersport in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Millersport, OH

How long does it take to sell a home in Millersport, OH?

Average Sale Time

Feb 2024Mar 2024CHANGE
2 Days18 Days+800.0%

Summary: Homes in Millersport had an average of 18 days on market in Mar 2024, up by 800% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Millersport are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Millersport; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

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