Is Milo-Grogan, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Milo-Grogan has remained a Buyer's Market.
Key Takeaway
Milo-Grogan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Milo-Grogan, OH
How much do homes in Milo-Grogan, OH cost?
Median Sold Price
$184,750
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Milo-Grogan have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Milo-Grogan was $184,750 in April 2024, up 19.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $178.7K | +52.1% |
| 3 Bedrooms | $145K | $190.5K | +31.4% |
| 4 Bedrooms | $525K | $228.2K | -56.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Milo-Grogan housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.1%, 3 bedroom homes increased by 31.4%, 4 bedroom homes decreased by 56.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Milo-Grogan | $155K | $184.7K | +19.2% |
| Mount Vernon | $185K | $185K | 0.0% |
| Italian Village | $455K | $450K | -1.1% |
Housing Supply in Milo-Grogan, OH
How many homes are available in Milo-Grogan, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Milo-Grogan real estate market had 29 homes for sale in April 2024, a 3.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Milo-Grogan housing inventory by bedroom type for April 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 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Milo-Grogan, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Milo-Grogan in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Milo-Grogan, OH
How long does it take to sell a home in Milo-Grogan, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 51 Days | +470.4% |
Summary: Homes in Milo-Grogan had an average of 51 days on market in Apr 2024, up by 470.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Milo-Grogan has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Milo-Grogan; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.