Is Milford Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Milford Township was a Seller's 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, OH
How much do homes in Milford Township, OH cost?
Median Sold Price
$344,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Milford Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Milford Township was $344,500 in May 2024, up 2.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $145K | $257.5K | +77.6% |
| 3 Bedrooms | $288K | $320K | +11.1% |
| 4 Bedrooms | $402.7K | $447.4K | +11.1% |
| 5+ Bedrooms | $718.2K | $434K | -39.6% |
Summary: Milford Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 77.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 39.6%.
Median Sold Price Compared To Nearby Cities
| Hilliar Township | $290K | $344K | +18.6% |
| Milford Township | $336K | $344.5K | +2.5% |
Housing Supply in Milford Township, OH
How many homes are available in Milford Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 27 | +92.9% |
Summary: The Milford Township real estate market had 27 homes for sale in May 2024, a 92.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 15 | +114.3% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Milford Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 114.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Milford Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Milford Township in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Milford Township, OH
How long does it take to sell a home in Milford Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 174 Days | 39 Days | -77.3% |
Summary: Homes in Milford Township had an average of 39 days on market in May 2024, down by 77.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Milford Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Milford Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively 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. Copyright © 2024 DABR MLS. All Rights Reserved
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.