Is Milton 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, Milton Township has remained a Seller's Market.
Housing Prices in Milton Township, OH
How much do homes in Milton Township, OH cost?
Median Sold Price
$180,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Milton Township was $180,000 in May 2024, up 18.8% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $155K | N/A |
2 Bedrooms | $125K | $144.5K | +15.6% |
3 Bedrooms | $162K | $172K | +6.2% |
4 Bedrooms | $185K | $261.2K | +41.2% |
5+ Bedrooms | $270K | $345K | +27.8% |
Summary: Milton 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 15.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes increased by 27.8%.
Median Sold Price Compared To Nearby Cities
Rittman | $150K | $185K | +23.3% |
Milton Township | $151.5K | $180K | +18.8% |
Chippewa Township | $245K | $263K | +7.3% |
Housing Supply in Milton Township, OH
How many homes are available in Milton Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 24 | -17.2% |
Summary: The Milton Township real estate market had 24 homes for sale in May 2024, a 17.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 16 | 12 | -25.0% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Milton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Milton Township in May 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Milton Township, OH
How long does it take to sell a home in Milton Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 17 Days | -29.9% |
Summary: Homes in Milton Township had an average of 17 days on market in May 2024, down by 29.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Milton Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.