Is West Milton, 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, West Milton has remained a Seller's Market.
Key Takeaway
West Milton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Milton, OH
How much do homes in West Milton, OH cost?
Median Sold Price
$195,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Milton have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in West Milton was $195,000 in March 2024, up 19.3% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66.5K | $66K | -0.8% |
| 2 Bedrooms | $166.2K | $160K | -3.8% |
| 3 Bedrooms | $160K | $195K | +21.9% |
| 4 Bedrooms | $195K | $250K | +28.2% |
| 5+ Bedrooms | $117.5K | $221K | +88.1% |
Summary: West Milton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes increased by 88.1%.
Median Sold Price Compared To Nearby Cities
| West Milton | $163.5K | $195K | +19.3% |
| Union Township | $185K | $200K | +8.1% |
| Union | $179.5K | $190K | +5.8% |
Housing Supply in West Milton, OH
How many homes are available in West Milton, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The West Milton real estate market had 16 homes for sale in March 2024, a 6.7% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Milton 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Milton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in West Milton in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for West Milton, OH
How long does it take to sell a home in West Milton, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 65 Days | +2.5% |
Summary: Homes in West Milton had an average of 65 days on market in Mar 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Milton has remained consistent over time.
Summary: During March 2024, 6 homes were sold in West Milton; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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