Is Milford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milford Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Milford Township was a Neutral Market.

Key Takeaway

Milford Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Milford Township, PA

How much do homes in Milford Township, PA cost?

Median Sold Price

$642,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$510,600(+388.6%)

Key Takeaway

Homes in Milford Township have sold for 388.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$642K
N/A
4 $131.4K-
N/A
5+ --
N/A

Summary: Milford Township 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rockwood
+517.0%
Milford Township
+388.6%

Housing Supply in Milford Township, PA

How many homes are available in Milford Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
714+100.0%

Summary: The Milford Township real estate market had 14 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 11
0.0%
4 49
+125.0%
5+ 12
+100.0%

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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milford Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Milford Township in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Milford Township, PA

How long does it take to sell a home in Milford Township, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
49 Days166 Days+238.8%

Summary: Homes in Milford Township had an average of 166 days on market in Mar 2024, up by 238.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Milford Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Milford Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 26 Days Ago

Newest Listings in Milford Township, PA

Nearby Markets to Milford Township, PA