Is Millwood Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Millwood Township has remained a Seller's Market.
Key Takeaway
Millwood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millwood Township, OH
How much do homes in Millwood Township, OH cost?
Median Sold Price
$86,500
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Millwood Township have sold for 56.7% less than they did a year ago.
Summary: The median home sold price in Millwood Township was $86,500 in May 2024, down 56.8% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $62K | N/A |
| 2 Bedrooms | - | $23.4K | N/A |
| 3 Bedrooms | $95K | $138.5K | +45.8% |
| 4 Bedrooms | $331.4K | $171.4K | -48.3% |
| 5+ Bedrooms | - | $88K | N/A |
Summary: Millwood 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 did not change, 3 bedroom homes increased by 45.8%, 4 bedroom homes decreased by 48.3%, and 5+ bedroom homes did not change.
Housing Supply in Millwood Township, OH
How many homes are available in Millwood Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Millwood Township real estate market had 5 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millwood 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Millwood Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Millwood Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Millwood Township, OH
How long does it take to sell a home in Millwood Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 2 Days | 70 Days | +3400.0% |
Summary: Homes in Millwood Township had an average of 70 days on market in May 2024, up by 3400% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Millwood Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Millwood Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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