Is Miami County, 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, Miami County has remained a Seller's Market.
Key Takeaway
Miami County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Miami County, OH
How much do homes in Miami County, OH cost?
Median Sold Price
$229,971
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Miami County have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Miami County was $229,971 in April 2024, up 9.2% 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 | $57K | $64.5K | +13.2% |
| 2 Bedrooms | $133.5K | $149.4K | +11.9% |
| 3 Bedrooms | $195K | $218.9K | +12.3% |
| 4 Bedrooms | $334.1K | $335.8K | 0.5% |
| 5+ Bedrooms | $369K | $405K | +9.8% |
Summary: Miami County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Counties
| Miami County | $210.5K | $229.9K | +9.2% |
| Montgomery County | $185.4K | $199.4K | +7.6% |
| Clark County | $175K | $185K | +5.8% |
| Darke County | $160K | $165.5K | +3.5% |
| Shelby County | $185K | $190K | +2.7% |
Housing Supply in Miami County, OH
How many homes are available in Miami County, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 293 | 291 | -0.7% |
Summary: The Miami County real estate market had 291 homes for sale in April 2024, a 0.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 32 | 35 | +9.4% |
| 3 Bedrooms | 164 | 157 | -4.3% |
| 4 Bedrooms | 71 | 78 | +9.9% |
| 5+ Bedrooms | 24 | 20 | -16.7% |
Summary: The Miami County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 90 | -3.2% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Miami County, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.
Summary: A total of 90 homes were sold or pending in Miami County in April 2024, down by 3.2% month-over-month. Of the 90 sold homes, 37% were sold under asking, 27% were sold at asking, and 37% were sold over asking.
Days on Market for Miami County, OH
How long does it take to sell a home in Miami County, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 71 Days | 0.3% |
Summary: Homes in Miami County had an average of 71 days on market in Apr 2024, up by 0.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Miami County has remained consistent over time.
Summary: During April 2024, 90 homes were sold in Miami County; 27% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
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